The complete ASC revenue cycle process encompasses many complex functions. Each is essential to securing payment for a surgery center. But due to their significant interdependence, a strong ...
Optimizing the revenue cycle is a top priority for many healthcare providers. To do this, many organizations are turning to robotic process automation to reduce inefficiency and free up human ...
Market OverviewThe global Healthcare Revenue Cycle Management (RCM) Market is projected to expand at a rate of approximately 11–12% by 2027.This anticipated growth is being fuelled by the rising ...
The director of revenue cycle process and system support at Moffitt Cancer Center shares his top recruiting tips. The revenue cycle workforce wasn't immune to the drastic changes happening in ...
The health system expects over $40 million in net revenue improvement on an annualized basis. Baylor Scott & White Health’s ...
Speeding up and simplifying the communication between provider and payer means a lot more than just getting reimbursed. It can help healthcare organizations be more transparent about costs to patients ...
Artificial intelligence is making big waves across many industries, and healthcare organizations are exploring ways to harness AI’s transformative power. Many hospitals and health systems are already ...
A revenue cycle is a series of steps that occur between the time that a business acquires the materials to make a sale and the time that it closes the transaction. It aligns with the process of ...
Between rising self-pay account volumes, decreased reimbursements and ever-changing regulations, provider revenue cycle leaders are tasked with the seemingly impossible: decrease days in Accounts ...
Effective revenue cycle management is the most important factor in maintaining the financial health of an ambulatory surgery center. The revenue cycle is comprised of several codependent processes ...
Without effective revenue cycle management, organizations face the risk of inadequate cash flows, inaccurate financial statements and even insolvency. For these reasons, revenue cycle management teams ...
'We don't think about revenue cycle as any one individual's responsibility, but as our organization's responsibility,' says Jon Sohn, senior vice president and chief revenue officer for Ascension.
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