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.
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.
Is it time to cut your revenue cycle bolt-ons? Those applications you purchased to support your EHR/revenue cycle core system are not only expensive but may be impacting system efficiency and optimization.
Meet Principal Ben Colton, the leader of ECG's revenue cycle practice. Hear Ben's perspective on the revenue cycle landscape and how we address the challenges facing organizations today.
Learn how ECG partnered with Adventist Health System to use an EHR implementation as a catalyst for a physician enterprise transformation.
Good work standards that lay out quality and quantity expectations are useful—and necessary—for healthcare organizations and their revenue cycle departments.
Revenue cycle compliance is a dynamic organizational issue that carries significant downside risk and requires a high level of managerial commitment to remain consistent in its achievement.
As patients become more responsible for their care, organizations that recognize the overlap between convenience and collections stand to improve both.
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