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Three Revenue Cycle Challenges Caused by COVID-19

July 22, 2020

...and How to Solve Them

The healthcare industry is acclimating to a world in which COVID-19 persists. As regulations and mandates are regularly being introduced, providers are facing problems affecting the revenue cycle.

Here are three common challenges we've seen:

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Powerful Analytics Drive Performance Improvement

April 20, 2020

Welcome to the third installment of our Expect More From Your Claim Scrubber series. If you missed Part 1 and Part 2, make sure you check them out!

We’ve been sharing all the details on how efficientC differentiates itself from other clearinghouses & claim scrubbers on the market.

Today, we’re shifting the focus to denial analytics and how one Wisconsin-based health system has been able to achieve a first pass yield of 90-95% with the help of efficientC.

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Focus on First Past Yield Supports Denial Prevention

March 13, 2020

Welcome to the second installment of our Expect More From Your Claim Scrubber series! If you missed the first article all about how efficientC differentiates itself from other claim scrubbers on the market, you can find it here. In this article, we’re diving into the importance of working with a claim scrubbing partner who prioritizes denial prevention by focusing on first pass yield.

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Expect More from Your Clearinghouse - The efficientC Difference

February 17, 2020

As a healthcare leader in 2020, your bottom line is largely dependent on your ability to get claims paid accurately and on time—contributing to predictable cash flow and less costly re-work by billing staff. So keep the New Year going strong by taking steps to improve that bottom line.

The first step?

Begin by taking a closer look at your clearinghouse, which is arguably the most important technology in the revenue cycle. It is responsible for transmitting claims to payers, but even more importantly, it should have powerful claim scrubber technology. A clearinghouse that submits inaccurate claims, while touting a high clean claim rate, will create more follow-up work and increase operating costs.

Don’t take your clearinghouse for granted.

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Should You Expect More from Your Clearinghouse?

June 26, 2019

Welcome to our first installment of Revenue Cycle Matters. Our goal is to provide compelling content that matters to you and your revenue cycle on a monthly basis. 

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12 Things Keeping Hospital CFOs Awake at Night

April 02, 2018

Is the pressure to simultaneously control costs and improve care quality making you toss and turn every night? Uncertainty about healthcare reform, declining reimbursements, and increasing costs of operating expenses are just a few of the concerns that rural community hospital CFO’s are tackling this year.

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4 Tips to Eliminate Denials

November 03, 2017

If your hospital is like most, your business office staff see the words "claim denied" on a regular basis.

Industry estimates say on average, one in five claims are denied or delayed. As a result, billing work increases, frustration grows, and your healthcare organization's revenue reduces over time.

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