Here’s How Revenue Cycle Management Boosts Hospitals’ Bottom Line

By orbograph / September 29, 2016 / 0 Comments

What’s one of the most powerful components of RCM, and one that ensures great financial results for hospitals? Case management consultant Mindy Owen makes an excellent “case” for EDUCATION – – ongoing training of case managers is the key. Owen is a specialist in educating and developing case management teams, and has traveled across the country teaching case…

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Breaking Down The Faster Payments Construct

By orbograph / September 27, 2016 / 0 Comments

Set aside 13 minutes for the newest installment of the Countdown to Same Day ACH podcast series. In this episode, Jan Estep, president and CEO of NACHA, talks to Karen Webster about the overlaps, complements, and implications of all the capabilities under the faster payments umbrella. Ms. Estep says the best way to think about “faster payments” is as an umbrella…

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How Revenue Cycle Technology Can Rescue EMS Payments

By orbograph / September 22, 2016 / 0 Comments

Let’s face it: When your job is to extract persons from dangerous situations that quite often leave them either too impaired or too traumatized to engage in something so trivial as offering insurance information, most of your work in terms of vetting financial viability and insurance coverage is going to have to happen after treatment…

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J.P. Morgan Creates Exec. Role for Cloud Service; Stock Rises

By orbograph / September 20, 2016 / 0 Comments

Is the cloud for real for banking? J.P. Morgan thinks so. They’ve hired Harish Grama, formerly of IBM, as chief information officer for cloud services. An internal memo obtained by American Banker says: “Harish has extensive experience in leading large globally distributed organizations in cloud native offerings, Additionally, he was a key leader in driving the transformation…

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Revenue Cycle Leakage: 5 Red Flags Indicating Major Inefficiencies

By orbograph / September 15, 2016 / 0 Comments

Ongoing fiscal challenges continue to emerge on a week-by-week basis in the modern medical landscape including: The evolution of ACA higher uncompensated care costs managing MACRA reimbursement schedules unprecedented patient volume and the continued challenge to reach 100% electronification, just to name a few! With all of these uncontrollable obstacles, the last thing you want is to further complicate…

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How Will Banks React to the Blockchain?

By orbograph / September 13, 2016 / 0 Comments

If you’re not altogether comfortable with your grasp of what is being called the blockchain, you are not alone. Fortunately, a new book by William Mougayar called The Business Blockchain: Promise, Practice, And Application Of The Next Internet Technology comes to the rescue. As Banking Exchange’s Steve Cocheo points out in his article about the book, you’ll have to read…

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THURSDAY Webcast Will Highlight New Innovations in Risk Management & Automation for RDC

By orbograph / September 6, 2016 / 0 Comments

Did you know that “RDC Risk Management”, as defined by FFIEC, actually applies to ATM, kiosks, cash vault, mobile, as well as branch and teller image capture? Are you up-to-speed on the possible move of ATMs from RDC classification to centralized bank capture? How is your organization handling the “top 10” requirements of image-based risk…

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A History Lesson to Master the Bank Lock Box

By orbograph / September 1, 2016 / 0 Comments

For a variety of businesses and organizations, a lock box (or “lockbox”) solution is key to efficient and profitable payment processing for corporations, healthcare providers, and non-profits. Chris Nichols, Chief Strategy Officer at CenterState Bank, posted a great piece on LinkedIn about leveraging Lock Box services, along with a concise history. You’ll want to read the entire article, but here’s…

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Same Day ACH Will Challenge Fraudsters, Improve Other Payments

By orbograph / August 30, 2016 / 0 Comments

Starting on September 23, all financial institutions in the U.S. will be able to accept Same Day payments, with the option to originate them. The August edition of the PYMNTS.com Faster Payments Tracker™, powered by NACHA, contains an informative interview with Steve Kenneally, Vice President of the American Bankers Association, to get his perspectives on this important step forward…

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Trump & Clinton: 16 Quotes on Healthcare

By jgregory / August 25, 2016 / 0 Comments

I don’t think I’m being particularly provocative when I note that this year’s presidential race is fairly unprecedented in its … colorful rhetoric. Still, it’s important in this industry to cut through the clutter and grasp the issues that touch us as defined by both sides. Republican candidate Donald Trump’s campaign website encapsulates his healthcare viewpoints here; Democratic…

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