White Papers on Revenue Cycle Services and Process Automation
All our latest Thinking on medical billing, medical Coding, Accounts Receivable and denial management Processes, Robotic process automation, Artificial intelligence, machine learning and more..
The business of healthcare is changing and you need a partner that takes your business forward. Find Insights and perspectives on the latest trends in healthcare revenue cycle.
Healthcare business operations are mission critical. With the magnitude of natural disasters and man-made disruptions increasing each year, healthcare service providers, hospital, and healthcare CIOs, CTOs, technology and operations staff need to work together to develop business continuity plans and recovery processes. These unfortunate events - which can be caused by a security breach, a virus, political events, or a natural disaster - can happen quickly and unexpectedly and lead to significant loss of revenue, productivity and important patient data.
In this white paper, we look at the importance of disaster recovery process and share our learning in recovering from a major disaster, an unprecedented cyclonic storm, in 2016.
Delivering quality care, while ensuring effective clinical documentation and compliant medical coding is even more challenging in emergency departments, which are fast-paced environments spread across multiple specialties presenting unique medical coding and billing challenges. Alongside knowledgeable clinical staff, specialized medical coders and billers with the requisite experience and strong analytical skills are required to obtain necessary reimbursements.
In this paper, we share our perspectives on the unique medical coding and billing challenges posed by emergency departments and the coding best practices to ensure optimal reimbursements.
2017 required healthcare organizations to respond to several new challenges – political change, growing role of technology, shift to value-based care and the increasing role of information security. While we anticipate that these issues will continue to influence through 2018, we will also see new challenges. The blurring lines between providers and payers, a refocusing on care (and more so on the patient), and a changing policy environment will occupy the centre stage for 2018.
Healthcare providers face a daunting challenge of reduced reimbursement rates and an increased rate of denials. Identification and management of denials and underpayments is a significant challenge for many providers today. It is important to identify a vendor that can improve efficiency and effectiveness as well as the bottom line. As revenue cycle management becomes more challenging by the day, there are several strategies that healthcare CFOs and administrators can adopt.
System transitions are one of the most significant causes of lost revenue in healthcare revenue cycle management. In this paper, we examine the key challenges of transitioning to new revenue cycle platforms, and share some of the best practices from our experience.
Faced with the daunting task of deploying over 1,000 people with healthcare industry knowledge and experience, Access Healthcare’s recruitment, training, and operations team had to think differently. The team had to react fast and develop multi-pronged approach including leadership participation in the hiring program, utilization of automation tools for hiring, selection and training, creating a lucrative referral program, and strong brand messages. We bring you lessons from our experience of building a 1,000 people operations in less than two months in a completely new city.