Healthcare Revenue Cycle Management

2017 RCM Global Forecast: Realistic or Exaggerated?

When a market report predicts steady, or potentially explosive growth of revenue cycle management, what comes to mind? Is it a real opportunity or should we be skeptical? This link provides a summary of the larger, comprehensive report offered by ReportLinker: The global revenue cycle management market is projected to reach USD 80.56 billion by…

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President Trump's ACA Executive Order

No, the ACA isn’t repealed – – that will take an act of Congress and, one would hope, a suitable replacement  – – but President Donald Trump did sign an executive order hours after taking office that greases the wheels toward a repeal scenario: “To the maximum extent permitted by law, the Secretary of Health and…

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7 Thoughts on the Importance & Future of Blockchain in RCM

If you don’t know already, Blockchain is a ledger of records arranged in data batches called blocks that use cryptographic validation to link themselves together. Each block references and identifies the previous block by a “hashing function,” forming an unbroken chain, which is where we get the name. (We’ve discussed Blockchain in the OrboNation before for banking and…

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Orbograph’s Healthcare Payment & Revenue Cycle Management Predictions

And now, OrboGraph’s Healthcare Payment and Revenue Cycle Management Predictions… Just as we did in the check payments arena, we’ll give our best guess on 2017 predictions.  Usually our predictions are a bit on the conservative side. Why? Because the media likes to hype new payment mechanisms, but adoption is always slower than what the…

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10 Revenue Cycle Tips from Healthcare Experts in 2016

It’s the season for year-end lists – – this time, a look at revenue cycle tips for 2016 from ten healthcare experts via Becker’s Hospital Review. A few key takeaways include: Don’t lose revenue due to the shift in ACA price points. Analytics, analytics, analytics are needed to drive an optimized collection!  And don’t forget…analyze your…

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Leveraging the Cloud for Big Data Analytics

All across the healthcare space, data analytics are providing exceptional results to the companies whose livelihoods depend upon accurate projection of future trends based on current divergent information inputs. Leveraging the cloud as a central information depository and distribution point has proved beneficial to Johnson & Johnson. A manufacturer of medical devices and bioinformatics, pharmaceutical, and consumer-health…

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Healthcare RCM Predictions for 2017 from 6 Experts

The shift from fee-for-service to value-based care as well as an increasing number of patients enrolling in high-deductible health plans mean big revenue cycle management challenges for the industry. Becker’s Hospital Review asked six industry experts for their predictions and outlook on the coming year. It’s a quick read and easily digestible, but the main thread seems…

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WHITE PAPER: Don’t be Derailed by Denials – 7 Strategies to Slash Your Denial Rate

RevCycleIntelligence.com is hosting a comprehensive white paper entitled “Don’t be Derailed by Denials – 7 Strategies to Slash Your Denial Rate” that deserves our attention (it’s a free download). Denial management in healthcare continues to be a challenge—in part because the traditional way of working denials is time-consuming, costly, and prone to error. Denials eat…

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Washington Post: Ultimate Q&A About Health Care Under a Trump Presidency

Why not start off the holiday season with a little political analysis from The Washington Post? They have a pretty comprehensive online package, including videos, examining the possible future of the ACA and health Care in general under a Trump administration. As we noted last week, it’s not gone unnoticed that the “repeal and replace” rhetoric…

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