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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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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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Turning Increased Ambulatory Volumes into Financial Strength: 4 Moves for RCM

Healthcare IT Today

They must also think carefully about what it takes to deliver an outstanding patient experience—including digitally—in a post-COVID world, where consumers expect digital access and support at each stage of their care journey. But finding the right approach is key.

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Weekly Roundup – March 16, 2024

Healthcare IT Today

Read more… Unlocking the Power of Interop for More Effective RCM. Colin connected with Juli Forde Smith at ZOLL Data Systems and Erica Gregory at Netsmart to discuss how prioritizing patient intake leads to better RCM – and how APIs streamline the process of sharing financial data.

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Bain & Company - KLAS Research 2023 HealthTech Report: Key Points for Providers, Vendors & Investors

Lloyd Price

The report also finds that providers are prioritizing their IT investments in certain key areas, such as: Revenue cycle management (RCM) : RCM is the process of managing the financial aspects of patient care, from billing and coding to collections and denials.

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Patient Experience with Revenue Cycle Management

Healthcare IT Today

So often in talking about Revenue Cycle Management (RCM) the focus is placed onto the organization. How do we improve RCM? How to can we incorporate digital solutions into RCM? However, that leaves out one huge piece of RCM. The patient. Read what they had to share down below. So interesting!

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

Healthcare IT Today

Having this detailed information about what their insurance will and won’t pay for helps patients make more informed decisions about when to get care and how to pay for it. It also enables the practice to have a more productive conversation about the patient’s responsibility and payment options. Claims Coding.