Jeff Hignite, a senior manager at ECG, was recently named one of Becker's Hospital Review's Rising Stars. We sat down with him to get his perspective on the future of healthcare and his work in the industry so far.
Private equity investment is burgeoning throughout the U.S., and health care is one of the “in” targets for investors.
Healthcare is at a crossroads with regard to data, analytics, and reporting. While healthcare has historically lagged other industries in its approach to data, there is growing recognition that it is necessary to gather, analyze, and apply data in a meaningful way.
As payment processes for healthcare services become increasingly complex, many healthcare provider organizations choose to outsource some or all their revenue cycle functions to a third party vendor. However, the perceived benefits of outsourcing can turn out to be illusory if five key considerations are not addressed in vendor contracts.
It’s more important than ever to read an ASC contract or amendment prior to signing it and again after receiving the finalized version. We recommend highlighting information for your business office manager so they may operationalize the contractual obligations and build them into policies and procedures so you can maximize your contract rates and avoid lost revenue.
Most medical coding and compliance programs can benefit from new technology geared to supporting these crucial roles. However, additional thought must be taken to ensure the technology is leveraged successfully. Review of existing processes, team structure, and goals is crucial in order to successfully implement new technology to support or redesign existing processes.
Healthcare organizations often underestimate the financial risk associated with implementing a new revenue cycle system implementation. These best practices will help organizations drive workflow transformation and performance improvement while minimizing common system conversion pitfalls.
Join ECG's Principal, Keith Graff, as he talks about Enhancing Research Administration Efficiency.
Keith Graff is a principal in our Chicago office and a leader in the Academic Healthcare Division. Take a few minutes to get to know him and learn about his passion for healthcare research.
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