Revenue Cycle Management

A new healthcare environment where value is more important that volume requires a business model that incentivizes all providers on the care-delivery continuum to delivery higher value care.

Most hospitals do a solid job of managing patient receivables and associated bad debt expense, but even well performing organizations are quick to say there is always room for improvement.

Someone in your medical practice needs to take charge of the ICD-10 transition. Why can't that someone be you?

CMS has announced a follow-up Special Open Door Forum conference call on Sept. 26 on the "two midnights" benchmark. It's intended to allow hospitals and other providers to ask questions on the FY14 physician order and physician certification, inpatient hospital admission and medical review criteria in the IPPS/LTCH final rule.

Business pressures are forcing hospital CFOs to re-evaluate their revenue cycle management solutions.

Many health systems lag on strategies to take advantage of new open enrollment on health insurance exchanges that could help offset declining revenues from fewer admissions and more care moving outside of the hospital.

The federal government's PPI report indicated that prices across the range of healthcare industries were equivalent to those in July, although 1.1 percent higher than a year ago.

With all of the energy around meaningful use, ICD-10, HIE, accountable care, Medicare reimbursements, and other changes and trends within healthcare, it is likely that you are busier than ever.

With labor costs in 2013 accounting for approximately 60 percent of hospital and health system operating budgets, many healthcare systems and hospitals have begun assessing high-labor cost areas with an eye to curbing those costs.

U.S. nonprofit hospitals' financial performance in fiscal year 2012 wasn't strong, and the outlook for FY 2013 doesn't appear to be much better.