Speeding up and simplifying the communication between provider and payer means a lot more than just getting reimbursed. It can help healthcare organizations be more transparent about costs to patients ...

Effective use of revenue cycle management technology demands that CIOs, CFOs and other healthcare leaders communicate well and work together to ensure peak conditions for their rev cycle systems. Poor ...

The shift to value-based care and patient financial responsibility is putting more pressure on providers to focus on the efficiency of their billing processes. This KPI is calculated by subtracting ...

The healthcare industry faces the formidable challenges of rising costs and precarious profit margins. Elevated supply and labor costs, combined with structural revenue pressures, have created a ...

The director of revenue cycle process and system support at Moffitt Cancer Center shares his top recruiting tips. The revenue cycle workforce wasn't immune to the drastic changes happening in ...

The complete ASC revenue cycle process encompasses many complex functions. Each is essential to securing payment for a surgery center. But due to their significant interdependence, a strong ...

Between rising self-pay account volumes, decreased reimbursements and ever-changing regulations, provider revenue cycle leaders are tasked with the seemingly impossible: decrease days in Accounts ...

A recent survey shows 15% of healthcare revenue cycle leaders plan to invest in robotic process automation (RPA), up from zero a year earlier. But is now the right time for RPA for your revenue cycle ...

A revenue cycle is a series of steps that occur between the time that a business acquires the materials to make a sale and the time that it closes the transaction. It aligns with the process of ...

With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...

Without effective revenue cycle management, organizations face the risk of inadequate cash flows, inaccurate financial statements and even insolvency. For these reasons, revenue cycle management teams ...

'We don't think about revenue cycle as any one individual's responsibility, but as our organization's responsibility,' says Jon Sohn, senior vice president and chief revenue officer for Ascension.