but not in the most recent one, leading to an overpayment, explained Terry Blessing, senior vice president of client development atVisiQuate, a provider of healthcare revenue cycle analytics and automation.
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“When you have an encounter-based payment model that strongly favors procedures, when you need complex care in the inpatient setting, well the system, from a payment perspective, isn't flexible enough,” Pawlak explained. “As we go forward, you don't want the whole health sys...
Moving forward, the health system is planning to push the time-driven cost accounting data to more people within the organization to get to a higher level of revenue cycle intelligence and ensure appropriate allocation of resources as COVID-19 recovery continues. “All these departments and divi...
Improving front- and back-end revenue cycle management collaboration helped a 25-bed community hospital in Illinois increase point-of-service patient collections by 300 percent,explainedRebecca Wright, Vice President of Strategic Planning at Iroquois Memorial Hospital. ...
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In the current healthcare landscape, Revenue Cycle Management (RCM) and Medical Billing applications are also trending among mobile health apps. These applications help healthcare providers to manage their financial operations, including insurance verification, claims submission, and payment processing. ...
The significant deterioration of economic prosperity in Greece during the economic crisis decreased patients’ ability to pay. Thus, the objective of this study is to determine the factors affecting healthcare affordability in Greece during an economic r
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re ready to embrace value-based care and refine your billing processes, partnering with thebest medical billing servicescan ensure a smooth transition. This way, experts can handle the complexities of billing and revenue cycle management, and your practice can focus on providing exceptional care to...