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healthcare payment solutions

Healthcare is Getting More and More “Retail.” Are You Ready?

April 27, 2018

While “Healthcare Consumerism” is a trend we’ve made note of previously, you’re probably aware that the Centers for Medicare and Medicare Services (CMS) is requiring hospitals to post a list of their standard charges online — just the beginning of the push for increased healthcare price transparency, according to CMS’s Administrator Seema Verma.  Think about the…

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Tax Refund Season Means Jump in Medical Payments

April 20, 2018

A report from JP Morgan Chase Institute (JPMorgan is part of a new healthcare venture announced with Amazon and Berkshire Hathaway) notes that many Americans wait for their tax refund to make payments against medical bills. The report looked at 1.2 million American households in different income and demographic groups that received tax refunds in 2016,…

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RemoteDepositCapture.com Is At It Again!

April 10, 2018

RemoteDepositCapture.com creates one featured poll question per month on RDC-related topics. If you’re at all interested in check processing [who wouldn’t be, right?], then we invite you to visit their site and register your input. While you’re there, it’s well worth signing up for their newsletter so you can get poll results regularly. This month’s featured…

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“Healthcare Consumerism” – Price Transparency Matters!

April 6, 2018

A new brief from Rice University’s Baker Institute for Public Policy makes it clear that providers should prep their practices for a far more “retail” model – – the rise and permanence of healthcare consumerism. Anaeze C. Offodile, II, MD, MPH, of the University of Texas MD Anderson Cancer Center, and Vivian Ho, PhD, the James…

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5 Strategies to Grow Your Organization’s Financial Muscle

March 9, 2018

Value-based health care is around the corner — or are we supposed to be already living it?  The uncertainly in the health care world today has caused many healthcare organizations to slow or stall their efforts to prepare for risk-based medicine. A Deloitte survey found more than 80 percent of physicians still received compensation under fee-for-service…

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Report: Big Revenue Cycle Investments for Services Ahead

February 2, 2018

A new report from Future Market Insights has predicted that the global market for healthcare revenue cycle management software will reach $ 43.3 billion by the end of 2022. The global healthcare revenue cycle management software market is projected to soar at a compound annual growth rate of 6.9 percent during the 2017-2022 forecast period. Healthcare IT News analyzes…

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Digital, Branch and Call Center Metrics; Are We Making Progress?

January 31, 2018

Cornerstone Advisors recently released their 2017 Cornerstone Performance Report for Banks. On the heels of this report, Gonzo Banker website offers their insight into how banks’ operational performance has changed over the past 10 years based on the information contained in the report. There’s a long list of metrics that have changed dramatically, but they narrowed it to 10…

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2018 Predictions: Tech-Human Interaction is the Future

January 3, 2018

Frost & Sullivan’s Growth Innovation Leadership (GIL) briefing titled, “Global Healthcare Market Key Predictions for 2018,” was held on December 13, 2017, and their experts predicted another year of big disruptions, transformations, and innovations as the healthcare industry — really, in health care??? As reported at HospiMedica.com: Human-machine collaboration will bridge the gap between artificial intelligence…

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ONC and Innovation

December 20, 2017

The 2017 ONC Annual Meeting, held November 30th to December 1st in Washington DC, was all about healthcare interoperability and health IT usability this year. The Office of the National Coordinator for Health Information Technology (ONC) is organizationally located within the Office of the Secretary for the U.S. Department of Health and Human Services (HHS) and leads the…

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A Revenue Cycle Turnaround Case Study

December 14, 2017

We recommend you buy a Starbucks coffee and set aside an hour to watch the “Coffee With Coker” presentation entitled “Revenue Cycle Turnaround: Rebuilding for an Advanced ROI – A Case Study,” which is archived here. Senior Vice President of Coker Group Jeff Gorke takes us through the components and challenges of building and maintaining…

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