By Devin Partida – Medical professionals prioritize giving people high-quality care and ensuring those patients get paid for that treatment via successful insurance claims. When a person deals with too many denials, their insurance plan becomes largely useless.Read More
Healthcare Revenue Cycle and Finance
By Sarah Jane Tribble – Jerome Antone said he is one of the lucky ones. After becoming ill with COVID-19, Antone was hospitalized only 65 miles away from his small Alabama town. He is the mayor of Georgiana — population 1,700. “It hit our rural community so rabid,” Antone said. The town’s hospital closed last year.
By Deirdre Ruttle – In direct response to the COVID-19 crisis, the healthcare industry experienced a transformation. Social distancing guidelines continue to limit in-person contact and crowded spaces whenever possible. The patient and provider relationship relies on technology for safe interactions.
Latest news being reported on payers and the health insurance industry including news from CVS Health, Aetna, FAIR Health, Humana, Clover Health, Staywell Health Plan, Vive Benifits, SimplePay, Landmark Health, Molina Healthcare, UnitedHealth Group and more.
By Dan Schulte – Provider healthcare technology has progressed rapidly toward advancing clinical care. Despite the great advances in provider technology, innovation has been comparatively slow for most providers’ financial processes.
By Lauren Ruef – COVID-19 overhauled the U.S. healthcare system overnight. Systems we paid little mind to before, whether they are life-saving medical supply manufacturers, critical hospital budgets, or ICU capacity limits, now garner universal attention.
By Kermit S. Randa – Fewer than half of healthcare organizations rely on rolling forecasts, with most favoring annual budgets instead — but COVID-19 is changing that. Drastic reductions to hospital revenue and increased costs from the pandemic have highlighted the value of rolling forecasting…
By Deirdre Ruttle – The COVID-19 pandemic created a financial burden on the healthcare industry. Not only did providers feel the pressure on care delivery and supply chain, but on revenue as well.
By Vamshi Anand – Across the world, today’s healthcare organizations are sharing one critical challenge: the rising costs associated with improvement in quality care. The underlying mandate is that all stakeholders must keep a sharp focus on making healthcare more effective, efficient, and affordable.