To confront disappointing performance in its revenue cycle, leadership at Bon Secours Mercy Health made the decision to outsource. The deep, collaborative partnership has led to a significant ...

A new HFMA report diagnoses the healthcare industry as being in "serious condition," providing a link between declining national affordability and rising patient bad debt and collection costs facing ...

Hospitals and health systems have been challenged by lower collection rates from insured patients and higher initial denial rates, which created financial headwinds in 2024, according to data from ...

Lean Six Sigma has long been associated with manufacturing but is not confined there and has many applications in the healthcare industry. Within the revenue cycle alone, there are numerous ...

Recent survey and system data are again suggesting that payers’ increasing claims denials are a pain point for healthcare providers. Nearly three-quarters of the 210 provider revenue cycle leaders ...

Medix, a leading provider of workforce solutions to the healthcare industry, announced the launch of its Executive Search service offering dedicated to Revenue Cycle leadership. This new offering ...

Work silos—fragmented teams working independently of one another—represent a significant barrier to high-quality communication and collaboration, without which healthcare organizations cannot achieve ...

The shift to value-based care and patient financial responsibility is putting more pressure on providers to focus on the efficiency of their billing processes. This KPI is calculated by subtracting ...

Revenue cycle management software vendors are increasingly turning to artificial intelligence to give health systems of all sizes – from regional systems such as West Tennessee Healthcare to ...

Health system executives in charge of their organization’s revenue cycle are fretting about their dealings with payers, with many noting elevated denial rates across the board and within Medicare ...

PwC this week said it's working with Amazon Web Services to drive new innovations for how hospitals and health systems can tackle revenue cycle management challenges. With the collaboration, PwC’s ...

Amid intensifying healthcare industry operational pressures, Tom Buckley, senior vice president of revenue cycle and managed care at Marlton, N.J.-based Virtua Health, has found payer denials to be ...