Remove 2021 Remove Healthcare IT Remove Patient Experience Remove RCM
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RCM: Fixing the Old and Adjusting to the New

Healthcare IT Today

Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. When things are simple and easy to pay for, patients are happy, the staff is happy, and you are most definitely happy.

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Capital One Serves as Joint Lead Arranger on $2.3 Billion Financing for R1 RCM

Healthcare IT Today

Capital One Commercial Bank , a full-service bank with middle market specialization in many industries, including over 40 healthcare sub-sectors, announced today it served as a joint lead arranger for an amended and restated credit facility for R1 RCM. R1 RCM used the facility, which increased its borrowing capacity from $1.2

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How to Discover Better Insurance Coverage, Together

Healthcare IT Today

Technology can help organizations identify more billable insurance coverage for self-pay patients, maximizing revenue, increasing efficiency and improving patient experience. Many healthcare providers find themselves wondering whether a revenue cycle management (RCM) partner would benefit their organizations.

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What Physicians Need to Know about Achieving Optimal Practice Performance in Challenging Times

Healthcare IT Today

In 2021, more than 330,000 healthcare providers left the workforce— 117,000 physicians, 53,295 nurse practitioners, 22,704 physician assistants, 22,032 physical therapists, and 15,578 licensed clinical social workers. This, in turn, can improve the patient experience while helping practices get paid in full. .

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Activating Patient Payment Behavior: Why a Digital-First Approach Is a Hospital’s Best Bet

Healthcare IT Today

Sixty percent of consumers say affordable monthly payment options are essential to a positive patient financial experience, according to a fall 2021 consumer survey. It’s a move that elevated the patient financial experience while also reducing the strain on revenue cycle resources, saving 186 FTE hours for every 3,700 charges.

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5 Must-Haves in a Patient Financial Communication Platform

Healthcare IT Today

The following is a guest article by Steven Dubner, Vice President of Product Management at Nordis Technologies No matter how exemplary the clinical care, overall patient experience and satisfaction often hinge on the last interactions with providers—billing and payments.

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