by Medical Accounts Systems | Nov 14, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, medical revenue cycle
A recent Humana analysis shows that value-based reimbursement continues to demonstrate improvements when it comes to quality and focusing on costs. Last year, primary care practice (PCP) related medical costs in the insurer’s value-based reimbursement models for...
by Medical Accounts Systems | Nov 13, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, hospital extended business office
Private practices—especially those that provide elective procedures—typically have to deal with the HIPAA violation waiting to happen that is social media. One wrong tweet, status update, or Instagram story can result in hefty fines. Hence, to protect a practice as...
by Medical Accounts Systems | Nov 9, 2018 | Healthcare Revenue Cycle Management, hospital bad debt
A lack of proper referral management and patient leakage are causing healthcare organizations a significant loss in revenue, more than ten percent according to a new survey. On top of that, nearly twenty percent of healthcare leaders are missing out on significant...
by Medical Accounts Systems | Sep 18, 2018 | Healthcare Revenue Cycle Management, hospital bad debt
Patient financial responsibility continues to increase, comprising a greater part of healthcare revenue. With patients causing a shift in a provider’s revenue sources, hospitals and practices alike must evaluate internal patient collection strategies, so providers can...
by Medical Accounts Systems | Aug 21, 2018 | Healthcare Revenue Cycle Management, hospital bad debt
Healthcare revenue cycle management companies must grapple with a lot of different situations and processes on a daily basis. Prior authorization, claim submissions, both of these are two examples of common things that must be addressed. Another situation that may...
by Medical Accounts Systems | Jul 24, 2018 | Healthcare Revenue Cycle Management, hospital bad debt
Due to reasons including but not limited to employers seeking ways to cut down on the cost of benefits, healthcare plans with huge deductibles and, as a consequence patient financial responsibility, are increasing. Hospitals and health systems which are accustomed to...
