Financial/Revenue Cycle Management
The massive undertaking, based around a new cost accounting system, is all part of a strategy to prepare for value-based reimbursement.
OMNY Health co-founder and COO Sunny Grewal, whose 3.5-minute elevator pitch was the audience's top pick at the "Shark Tank"-like competition, explains how his distributed ledger tech can help hospitals monetize mounds of unused data.
Healthcare Financial Management Association survey finds practices still focusing on IT capabilities to drive RCM benefits, particularly in the areas of revenue integrity.
Cerner will add Simplee's financial engagement platform to its revenue cycle portfolio and incorporate its billing tools into its consumer-facing technology
The goal is to run dozens of such quality improvement projects each year and to ultimately make randomization standard practice for the continual improvement of existing and new programs.
A new report from Manatt Health Strategies points to big differences in how return on investment should be gauged, depending most importantly on provider type – but also on acuity mix, IT infrastructure, staffing and other considerations.