Leveraging technology in the modern medical landscape can be a daunting proposition. But when it comes to improving cash flow, strengthening relationships between you and your patients, and relieving the burden of administrative tasks, there’s one certain—and doable— solution: a…
Self-pay credit balances can be a problem for your organization. Left unaddressed, they can have harmful consequences down the road, yet taking the time to properly resolve them can be a daunting task. So what should you do? Here are…
When it comes to health care in general, the costs are one of the biggest obstacles that everyone faces. People struggle to keep up with changes, and to keep track of what type of coverage they have, and where. The…
Millions of people rely on Medicaid for their health care, but very few people understand its origins or why it was created in the first place. Medicaid offers a wide range of health coverage to people who fall beneath 133%…
The Centers for Medicare & Medicaid Services (CMS) released a long-awaited final ruling on Medicaid Managed Care regulations last week. As Medicaid has expanded over the past few years (and only continues to expand as more low-income beneficiaries are added…
Hospitals could experience a cash flow crisis if they fail to address and resolve the rapidly increasing rate of self-pay collections, a recent report by the Aite Group says. Insurers continue to place more and more financial responsibility upon patients…
Researchers at MIT and the Dana-Farber Cancer Institute are proposing a new means of helping people access new therapies for cancer, Hepatitis C, and several rare diseases that might otherwise be too expensive to afford: healthcare loans (HCLs). Healthcare loans…
Come April 1, nearly 800 hospitals nationwide will be required by the Centers for Medicare & Medicaid Services (CMS) to test bundled payments under the Comprehensive Care for Joint Replacement program. Bundled payments refers to lumping together services provided by…
The shift from a fee-for-service (FFS) reimbursement model toward a value-based one is indicative of an overarching, industry-wide shift that focuses more on the quality of care and service a patient receives. Meaningful and effective communication with patients is the…
Technology is playing an even greater and more prominent role in hospital/patient relationships. Patient demand for electronic health records (EHRs) is on the rise and predicted to be worth over $35 billion in just a few short years. This demand…
