HealthStream’s vision is to improve the quality of healthcare by assessing and developing the people who deliver care. However, providers’ success at providing quality care is at risk when the revenue cycle is not working well. These 10 blog posts from 2017 demonstrate our commitment to solutions focused on improving the revenue cycle.
The PhyMed provider enrollment team was able to break out of a cycle of low system utilization, excessive write-offs, and poor revenue cycle management. The following list of best practices recaps the action items that led to PhyMed’s having a more effective program.
Training for consistency and accuracy can improve collections, reimbursement, and denial rates. When patient access staff communicate early with patients about financial responsibility, they also maximize upfront collections. Educating clinical staff will reduce reimbursement risk.
Because of MACRA, 2021 will be the year of great surprises for physicians and a catalyst year for retirements, for movement to larger groups, and for various other changes that will forever essentially alter the practice of medicine.
Our industry keeps growing, needing more employees, just as demographics make them harder to find. That means we have to be more creative in finding healthcare hiring tools that can serve as solutions to our people shortage.
Looming changes in the healthcare landscape will significantly impact every healthcare organization’s bottom line, making attention to the revenue cycle even more important. HealthStream’s new eBook explores some of these issues and offers insight and best practices for navigating through the changes with success.
As part of the Transitions Program, nThrive Education is partnering with health care organizations across the nation to provide education and training to unemployed and underemployed workers, many whom have no healthcare experience.
Patient identity errors create an estimated eight billion dollars in annual cost in healthcare. Mismatched patient identifiers result in denials and are also linked to catastrophic adverse medical deaths, medication errors and unnecessary procedures. Training is an important solution.
Healthcare executives are moving beyond a decade consumed by CMS mandates and are fixing their sights on succeeding in the healthcare marketplace of the future. The rise of Millennials in the workforce and the position of the CHRO are two important developments to watch.
Traditionally, hospitals, healthcare organizations, and medical groups have viewed provider enrollment in health plans as a back-office function, lacking strategic importance. More recently however, a number of changes in the industry have caused this function to be viewed in a much more important light.
Looking at healthcare in 2017 and beyond, it’s likely that the worlds of physicians and post-acute care are going to be seriously disrupted.
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