Here are 5 Ways Your Hospital Can Handle Medicare Financial Losses

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financial losses

Here are 5 Ways Your Hospital Can Handle Medicare Financial Losses

Are your Medicare patients causing financial losses at your hospital? It’s not uncommon to hear of hospitals losing money due to Medicare. However, this can become a major issue by damaging your ability to serve all your patients when there isn’t enough funding to go around. Fortunately, there are ways for your hospital to navigate […]

healthcare costs

Ways Hospitals Can Increase Self-Pay Revenue Reimbursements

14 Self-pay patient accounts come with vital risks. Medical facilities beget three times higher costs amassing on self-pay patients. That’s compared to business insurance accounts. It gets worse. Healthcare consumers pay more than twice as slowly as commercial payers. And the probability you’ll ever collect gets lower. The prolonged the self-pay balance goes overdue, the […]

Is Lack of Transparency with Denials Costing Your Hospital Money?

What is Revenue Cycle Management Transparency’s Role in Keeping Healthcare Facilities Afloat?

While it’s true that patients are the lifeblood of any healthcare provider, it’s the accounts receivables that keep the proverbial chimneys burning. After all, if billings are not collected on time, your clinic or hospital may very well find itself short on cashflow. This, in turn, can have catastrophic effects on both your bottom line […]

Bundled Payments Help Hold All Providers Accountable for Quality Care

Rethinking Revenue Cycle Management Services in the Face of Bundled Payments

There has never been an era when the healthcare industry has seen such an upheaval quite like the past decade. With the passing of the landmark Affordable Care Act (ACA), millions of previously uninsured Americans now have a safety net to rely on should they fall ill. Pete Ash Pete is the Vice President of […]

Key Elements in Hospital Revenue Cycle Management One-on-One Meetings

The Importance of Intimate Staff Meetings in Hospital Revenue Cycle Management

A hospital’s finance department consists of staff with various responsibilities. This means that each accounts receivable employee has different experiences and challenges in doing their work. Understanding this allows managers to focus on each individual to address issues in a way tailored to their needs to improve hospital revenue cycle management. Pete Ash Pete is […]

Hospital Revenue Cycle Management Can Be Improved, So Look Internally

Hospital Revenue Cycle Management Performance Can Be Improved by Looking Inwards

One healthcare executive has stated that hospitals ought to focus more on internal factors versus external ones when it comes to working on a hospital revenue cycle management turnaround. That means that healthcare executives should stop blaming market factors for their unimpressive hospital revenue cycle performance. Instead, they should turn their attention to shrinking hospital […]

Why You Should Adopt Value-Based Healthcare Revenue Cycle Management

The Key to Lowering Patient Cost is Value-Based Healthcare Revenue Cycle Management

A certain point has been made clear during the recent Value-Based Care Summit in Chicago by Xtelligent Media.  In enabling healthcare organizations to align their healthcare revenue cycle management with value-based reimbursements, they need to start breaking down both financial and clinical siloes that have been established using the fee-for-service payment models. Moreover, everyone in […]

What Is Revenue Cycle Management? Hospitals Must Capitalize on It More

What Is Revenue Cycle Management? Hospitals Seem to Fail to Capitalize on Its Benefits

Hospitals could bring in more revenue if they choose to focus on revenue cycle performance over costs. In fact, some hospitals are even showing a concerning flat performance in revenue cycle management. Pete Ash Pete is the Vice President of Sales & Client Services at DECO Recovery Management. He covers the Mid Atlantic region and […]

Revenue Cycle Management Companies Project Significant CAGR to 2021

Here’s Something That Revenue Cycle Management Companies Can Look Forward to: Good CAGR Rate

The revenue cycle management industry has a lot to look forward to. Recent data reveals that the market is set to experience significant growth by 2021. This is expected to benefit both the services and software segment. Pete Ash Pete is the Vice President of Sales & Client Services at DECO Recovery Management. He covers […]

Healthcare Revenue Cycle Management: Healthcare Numbers Dip in 2017

Healthcare Revenue Cycle Management: A Drop in Prices, Spending and Employment

The healthcare industry saw lower numbers in the first quarter of the year. Records showed that prices, spending and employment took a fall from June 2016 to April 2017. This downward trend occurred three years after healthcare spending was accelerated. Pete Ash Pete is the Vice President of Sales & Client Services at DECO Recovery […]

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