The Three Pillars of a Sustainable Healthcare Revenue Cycle
Move beyond billing as a silo. Discover how a connected, systemized revenue cycle can help improve cash flow, reduce denials and support sustainable performance.
Move beyond billing as a silo. Discover how a connected, systemized revenue cycle can help improve cash flow, reduce denials and support sustainable performance.
Unlock operational growth in home care with data-driven decisions. Learn how analytics optimize revenue, staffing and compliance for success.
There are many different factors that can lead to rising audits and denials within any healthcare organization. Even when all the boxes seem to be checked, denials continue to rise. Take these five action items to expedite the appeals when faced with growing denials within your hospital or health system.
A healthy revenue cycle is a must for any home health agency’s overall financial wellness. To ensure your revenue cycle is in the best possible shape, use these four industry-proven revenue cycle management strategies.
There are many different factors that can lead to rising audits and denials within any healthcare organization. Even when all the boxes seem to be checked, denials continue to rise.
As the Patient-Driven Groupings Model (PDGM) is approaching, organizations are currently focusing on how it will impact revenue cycle functions. To prepare financially prior to PDGM’s implementation date of January 1, 2020, home health organizations can focus on cash collections to be prepared for any loss or delay in cash flow due to the significant changes under the new model and identify risks that could cause potential delays across the revenue cycle.
Home health organizations depend on their staff and tracking systems for a quick and efficient order management process. Order management is a key component within the revenue cycle process, as the collection of physician documentation is required to initiate any billing process. A bill cannot be generated without first obtaining all necessary orders.
As the saying goes: “Cash is King”. Maintaining a steady cash flow is one of the pervasive issues that affects many health care providers, especially in a time when economies of scale are rapidly transforming the landscape of health care.
The Office of Inspector General (OIG) is reviewing payments under the Post Acute Transfer (PACT) policy again. Why? The OIG wants to ensure claims are properly paid by the MACs with the controls they have put into place through claim editing. The OIGs follow-up will determine whether