In Partnership with:Bank of America Merrill Lynch Resources
Healthcare organizations challenged with paper-based, manual processes for patient payments can benefit from adopting an electronic, automated solution across the revenue cycle. With an increasing number of patients paying out of pocket for healthcare costs — constituting as much as 35% of a provider's receivables1 — providers have even more reason to evolve beyond paper and opt for the benefits of automation.
This case study follows the efforts at Marina Del Rey Hospital to achieve new efficiencies, reduce costs, energize its payment process and drive patient satisfaction.
CFO Outlook: Forward Focus
Will the post-election landscape create a path for growth? Our annual CFO Outlook study provides new insight into what U.S. financial executives are thinking and planning for the months ahead.
Learn how Carolinas HealthCare System (CHS) increased their auto posting rate from 60%-100% across 250 practices with the help of HealthLogic.
The Business of Healthcare Post-Election
Bundled whitepapers from the Business of Healthcare Post Election Conference hosted by the Center for Health Sector Management and Policy at the University of Miami School of Business Administration.
The PPACA 2014 Deadline Will Spur Electronic Payments
Following the Supreme Court's June 28, 2012 decision to uphold the Patient Protection and Affordable Care Act (PPACA), the move towards electronic payments in the healthcare industry has even more momentum. Payers and providers can reap the efficiency benefits of administrative simplification by working with their banks to position themselves for important elements of the PPACA that take effect on January 1, 2014.
Maintaining Cash Management Health
Healthcare providers are bracing for a "perfect storm" of changes to the way healthcare is currently delivered, managed, and reported. These changes include unprecedented — and ongoing — regulatory uncertainty, compliance with strict new meaningful use standards, staff training, pressure on operating margins and system testing to support new ICD-10 codes. This paper explores the key challenges healthcare providers must successfully navigate if they are to avoid a cash flow "crunch" and prosper in this rapidly-evolving landscape.