by Medical Accounts Systems | May 22, 2018 | hospital bad debt, Physician Reimbursement
Attention hospitals: patients are indeed eager to pay. There is always the lingering possibility the circumstances may affect their financial responsibility, but if the patient receives the correct options, they are more inclined to take care of those loose ends. In...
by Medical Accounts Systems | May 18, 2018 | hospital bad debt, Physician Reimbursement
A recent survey released by Dimensional Insight and HIMSS Analytics reveals that close to seventy percent of healthcare organizations use multiple vendor solutions (at least three or more) when it comes to revenue cycle management. However, the survey also reveals...
by Medical Accounts Systems | May 17, 2018 | hospital bad debt, Physician Reimbursement
Generally speaking, when the competition is fierce, the consumer always wins and that extends to hospitals. From lower costs to a higher degree of care, patient outcomes are typically better when hospitals attempt to “one-up” each other, and that may also extend to...
by Medical Accounts Systems | May 16, 2018 | Physician Reimbursement
An effective way of reducing the number of claims denied is by improving the clean claims rate of the hospital. That means ensuring claim accuracy when the claims are initially submitted. However, there are instances where, regardless of a hospital’s diligence, the...