Alexandra Wilson Pecci is an editor for HealthLeaders.
Piedmont has a new 25% advance payment policy for some patients, but health systems are still skittish about pre-service payment requirements.
"Dignity no longer needs to collect from patients, and patients enjoy access to consolidated bills and convenient payment and financing options."
"The question of how telehealth can improve hospital revenue cycles is an evolving area worthy of additional study beyond the ATA Report," says the American Telemedicine Association's CEO.
Increasingly, revenue cycle leaders are recognizing the need for flexible work options to save money and to recruit and retain their workforce.
Blue Cross Blue Shield of Massachusetts' alternative payment model slowed the rate of medical spending growth and improved patient care, a new study shows.
ACOs in which 40% to 45% of the patient visits were provided by a specialist had $1,129 lower annual spending per beneficiary than ACOs with a specialist visit proportion of less than 35%.
Many of the obstacles in revenue cycle are within healthcare leaders' power to dismantle.
The new industrywide Project Link program will share and shape insurer initiatives and research, as well as develop state and national policy guidelines.
Creating a patient-focused scheduling center resulted in several unexpected boons for Piedmont Healthcare, from improving the patient experience to reducing denials.
The partnership could reduce administrative burden, expedite payments, and lower cost to collect for insurance balances.