Very little research has been done on the front end of the financial revenue cycle: professional fee charge capture. To fill this gap, Ingenious Med commissioned a study through a third-party, online survey to accomplish three goals around optimizing the revenue cycle.
While healthcare organizations often take similar approaches to revenue cycle management, the financial top performers distinguish themselves in several ways,…
Despite the growing emphasis on data in healthcare, many organizations are struggling to acquire it. And even when they do have the right data at their disposal, many aren’t using it as effectively as they should. That’s having a big effect on bottom lines.
There are some small steps healthcare executives can take to ensure their hospital is capturing the right charges — and not the wrong ones. Here are five tips:
According to a recent market research study by Ingenious Med, only 1 in 3 healthcare executives currently believe they have enough data insight into location performance or physician productivity.
One of the most effective ways to improve a healthcare organization is to learn from other successful organizations. Healthcare leaders should continually evaluate what makes their competitors thrive, and then incorporate similar strategies.