What makes a top performer different than the rest of the market? Here are 5 questions your organization should answer if you want to be a top rev cycle performer.
Blog
While healthcare organizations often take similar approaches to revenue cycle management, the financial top performers distinguish themselves in several ways,…
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:
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.
These organizations possess a vast amount of clinical, operational, and financial data, but it is exceptionally difficult to process and translate findings into actionable improvements. As a result, healthcare organizations are implementing data-gathering and reporting solutions to more easily identify underperformance.
To identify areas where performance metrics could improve quality care and revenue cycle processes, ask the following questions of your organization:
In 2018, Ingenious Med commissioned a study to determine what differences and similarities existed between acute-care organizations using different charge capture methods.
Though healthcare organizations consider revenue cycle management (RCM) one of the most important aspects of business, little research has been conducted on the front end of the financial revenue cycle: charge capture.
Critics in the medical industry have historically shown a skeptical attitude toward the implementation of new technology in healthcare. Their…