The measures will remove nearly 70% of medical collection debt tradelines, which could help improve poor patient financial experiences for organizations.
Atrium Health's vice president of revenue cycle management shares how their health system navigates outsourcing decisions and finding the right balance between internal and external processes.
The requirement is exacerbating problems that revenue cycles have been trying to solve for years, and the American Hospital Association (AHA) is pleading to CMS for changes.
The American Medical Association, the National Association of Accountable Care Organizations (NAACO), and others are urging Congress to better incentivize participation in alternate payment models.
Revenue cycle leaders are formalizing the training that they require for their employees, putting in place certifications and ongoing education for them, and even partnering with local universities.
As one example, MarinHealth's revenue cycle is being absorbed into Optum. Under the agreement, some of MarinHealth's employees will become Optum employees who will still work on that health system's revenue cycle operations.
