By Marty Callahan – The way payer trends are developing, you can expect your 2019 to be a year defined by denials. Last year, the Advisory Board’s biennial survey on revenue cycle found a median 350-bed hospital was likely to lose $3.5 million to increased denials writeoffs over the previous four years.
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By Renee Ralls – Poor data quality has become a critical issue for organizations, affecting the way they do business and their bottom lines. Gartner’s research on data quality found that in 2017, poor quality data had an annual average cost of $15 million.
By Casey Williams – If you’ve never seen a “perspective sculpture” in person, you’ve probably run across a few online. One of the most famous is dedicated to Nelson Mandela — from one angle, it looks like a random gathering of misshapen steel columns.
Business news from ClearDATA, Accenture, IDx, Aprima Medical Software, Athenahealth Inc., Waystar, HealthEC, Accenture, InstaMed and more.
By Casey Williams – Here’s What to Do About It. Billing statements are infamous for being difficult to read, but we tend to underestimate just how much confusion they introduce into the patient’s understanding of their healthcare experience. Here’s a little proof.
The thought leaders in our community are good about sharing their thoughts on the issues of today. Here are the top read and shared guest posts of August that we think deserve sharing again.
By Marty Callahan – When was the last time you updated yourself on the slew of regulations that impact hospital revenue cycle? If you have to think too hard, that’s probably a good sign you and your organization are at risk of running afoul of one of the many standards that silently hover above your daily operations.
By April Wilson – With the rising increase in healthcare costs and patient responsibility, it is important for healthcare organizations to understand today’s consumers and the latest trends in patient payments.
The thought leaders in our community are good about sharing their thoughts on the issues of today. Here are the top read and shared guest posts of June that we think deserve sharing again.