Tag: Revenue Cycle Management
Over the last twenty years, American hospitals have provided more than $620 billion of uncompensated care for cases where no payment was made by...
Consumers are bearing a bigger burden of healthcare costs than ever before. As the third largest payer behind Medicare and Medicaid, many patients find...
For many healthcare providers, claim denials are a frustrating cost of doing business. Each year, around 5-10% of medical billing claims are rejected (possibly...
A recent Black Book survey of more than 500 healthcare networks revealed that hospitals in the U.S. have been painstakingly slow in adopting healthcare revenue...
Healthcare organizations have been forced to deal with billing challenges for so long that many might consider the struggle to simply be the price...
The burden of healthcare expenses on patients is a growing problem for hospitals and patients alike. Hospitals are losing about $7.5 billion in out-of-pocket medical expenses that...
Healthcare providers should be able to focus on what’s important: their patients and the care they need. However, providers and their staff must spend...
About 8 percent of the costs involved in U.S. healthcare are spent on administrative costs. Whether it’s paperwork for a simple follow-up or processing billing for...
It’s no secret that claim denials cost healthcare organizations. They take about 16 more days to pay out than claims that have not been denied. On...
