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Revenue Cycle Matters - Insights & Tips to Improve Healthcare Collections

Chris Hegwood

Recent Posts

Keep it or let it go?

October 03, 2019

It’s an often-debated topic within health care organizations: whether or not to outsource components of their revenue cycle. As much as you might like to manage all aspects of the revenue cycle in-house, you may be seeing signs that are nudging you toward outsourcing.

Key drivers behind an organization’s decision to outsource include increasingly complex payer rules and coding procedures as well as the continued decline in reimbursement from payers.

Industry experts advise that if you find yourself asking some of the following questions, it might be time for you to consider outsourcing:

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Paperless Claims: It's More Than efficientC

May 17, 2019

 

CMS reported almost 100% adoption of rate electronic claim submission in 2016. According to CAQH, The commercial healthcare industry could save over $8 billion annually by fully adopting electronic processes for six of the most common claims-related administrative processes. 

Paperless claims have many advantages including quicker detection of errors, faster payment, and lower administrative costs which positively impacts your revenue cycle

 

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2019 May Revenue Cycle Events

May 01, 2019

After the excitement of the new year wears off, we quickly fall into a routine and when we are busy with day-to-day responsibilities, it is easy to push self-development to the bottom of our list of priorities. 

One way to break out of the monotony and get inspired is to set your out of the office reply and attend a revenue cycle conference or seminar. Many events offer agendas with a good mix of presentations centered on industry-leading best practices, team & leadership development and speakers sharing perspectives on the future of healthcare. 

Spring is always the busy season for conferences and here's a list of upcoming revenue cycle events the efficientC team is heading to in the coming weeks.

Check out our speaking engagements and exhibiting events below. 

Will you be attending these too? Let us know! 

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HFMA ANI 2017: Chris Hegwood Q&A

June 19, 2017

Later this week, over 5,000 healthcare finance professionals are expected to descend on Orlando, Florida for the Healthcare Financial Management Association's Annual National Institute.

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How Critical Access Hospitals Can Achieve Financial Sustainability

April 03, 2017

Critical access hospitals provide healthcare to millions of Americans across the country. As the economic anchor of their community, it's vital they achieve and maintain financial sustainability.

We've identified the top five pain points of CFOs in critical access hospitals:

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