Leveraging IT to Optimize Revenue Cycle Management

Reading Time: < 1 minute

A recent survey found that more than half (56 percent) of Americans are delaying payment on medical bills, citing high-deductible health plans and confusion over insurance coverage as the primary reasons. The survey, conducted by Omaha, Neb.-based communications solutions provider West Corporation, also revealed that providers are finding it more difficult to collect payments and reduce bad debt, adding to the financial stress healthcare organizations experience as they attempt to optimize reimbursements and increase revenue, while adapting to new value-based payment models.

Read more of this article by Heather Landi here.

Related Posts

Maximizing Resources & Outcomes with a Patient Revenue Strategy

Reading Time: 3 minutes Many healthcare organizations rely on practice management software (PMS) to simplify daily operations, such as financial and administrative tasks. There…

Read More > Read More >

Rising Costs? How to Add Automated Revenue Drivers to Your Speciality Practice

Reading Time: 4 minutes According to a recent survey by the Medical Group Management Association (MGMA), 90% of medical practices have claimed that their…

Read More > Read More >

Turning Patient Touch Points into Revenue Opportunities

Reading Time: 6 minutes How are high-growth practices preparing to thrive even in the face of economic uncertainty? To weather ongoing economic challenges, along…

Read More > Read More >

Subscribe For Updates