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Technology

What Are the Lost Revenues When Patients Don't Pay?

June 16, 2016

Jaeme Adams, cofounder and CEO of SwervePay, has an interesting take on improving the reliability of patient payments. He lists three very good reasons to take seriously what he calls an “illness” infecting Healthcare provider offices across the country: $32 billion could be recaptured annually if the patient billing and payment process was simplified. This can be…

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“Fraudsters are innovative & persevering—money is a great motivator!"

June 7, 2016

It should come as no surprise to security-obsessed online merchants that fraud is the leading concern of e-commerce merchants polled by the Merchant Risk Council, a Seattle-based worldwide association of e-commerce payments and risk-control executives. The MRC polled a total of 193 merchants in December and January at companies of varying industries and sizes (see their report…

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What's More Important – – Faster Payments or Universal Acceptance?

June 1, 2016

While some major corporations and regulators in developed markets like the U.S. and U.K. are narrowing in on same-day and near-instantaneous electronic payments, in developing nations, businesses just want to trust that a payment will land where and when it’s supposed to – it doesn’t have to be instant.

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Ambulatory Surgery Centers & Hospitals — An RCM Opportunity

May 26, 2016

Yet another example of how continual evolution in healthcare is an opportunity for providers as well as solution companies to address specific market needs.

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Identity Theft, Bank Tellers, and Fraud

May 24, 2016

If Manhattan’s top District Attorney Cyrus Vance is to be believed, consumers may have as much — or more — to fear from bank tellers than they do from accessing their accounts online or with a mobile device.

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Why are Patient Payment Collections Such a Priority?

May 2, 2016

Revenues improve and bad debt declines when emphasis is placed on collecting at point of service, leading to an industry-wide emphasis on streamlining that process.

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OrboAnywhere Launches with BAI Innovation Showcase (Video)

April 27, 2016

I really enjoy gatherings like last month’s BAI Payments Connect Conference because they provide an opportunity to re-engage colleagues interested in new technologies around “the check”… now, where else can you find that???

This year’s event was especially gratifying because Orbograph used the occasion to launch the new OrboAnywhere™ solution…and they recorded my presentation to create a video!

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On Second Thought…. Checks – We Love 'Em!

April 22, 2016

In the interest of equal time – Checks? We love ’em!

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Kill the Check? "Kill the Check!" Says electronic payment advocate…

April 19, 2016

“Just because checks have existed since at least 13th century Venice and 19 billion of them were used to pay people and businesses in the U.S. last year doesn’t mean that we should keep them alive. We, as a country, somehow mustered up the courage to move past the horse-and-buggy and 8-track tapes – I think we can dig deep and find it within ourselves as a payments ecosystem to kill the check.”

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Why Correspondence Letters are a Major Drain on Denials Mgmt

April 14, 2016

It can represent a formidable “paper mountain” to climb!

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