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3 Ways Tech Can Help Hospitals Collect

Gienna Shaw, for HealthLeaders Media, September 20, 2011

Inpatients are a little different, but the only reason that it can't be done is because the payers don't offer it and there's not a singular work flow for it."

But what about the risk that physicians will miss a charge if they don't properly document the visit?

Reiner says he's willing to take it. "If we made a charge capture error, we'll take our lumps. It would be better to miss a charge but get the payment at time of service."

Read more highlights from this lively discussion (including answers to the burning question, "Will that be cash or credit?") in The New Rules of Revenue Cycle: Adapting in an Era of Change.

See Also:
Special Report: The Future-Proof Revenue Cycle
Self-Pay and the Bottom Line

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1 comments on "3 Ways Tech Can Help Hospitals Collect"


Badri Narasimhan (9/20/2011 at 3:23 PM)
Another way physicians and hospitals can cut their revenue cycle for in-patients is by charge capture at the point of care. There are technologies that enable the physician to scan the barcode of the patient's wristband and enter charges and have them be billed in 7 seconds. The delay in the charge even getting to the payor is terrible.