EMR Product Enhancements are Improving but Still Leave Patient Dollars on the Table Millennia / March 29, 2024 EMR Product Enhancement are Improving but Still Leave Patient Dollars on the Table According to a study by Kodiak Solutions of 1,850 hospitals and 250,000 physicians worldwide, patient collections fell […]
Deliver a Great Patient Experience Across Generations Millennia / March 15, 2024 Deliver a Great Patient Experience Across Generations When it comes to caring for patients across different generations, you’ll run into all kinds of misconceptions. From older adults being out of […]
Driving Success in Medical Practice Revenue Cycle Management Systems in 2024 Millennia / January 26, 2024 Driving Success in Medical Practice Revenue Cycle Management Systems in 2024 As we near the quarter-of-a-century mark in 2024, revenue cycle management systems will be even more critical for medical […]
Health Care Provider and Hospital Outsourcing Market Size and Expansion Rate Projections Millennia / December 15, 2023 How Outsourcing Helps Health Care Teams Succeed Outsourcing can offer dramatic benefits to health care organizations. Our technology solutions, for example, can help you offer a seamless experience with end-to-end […]
Guide to Health Care Price Transparency in 2023 Millennia / December 1, 2023 Guide to Health Care Transparency in 2023 Thanks to the increasing complexity of health care costs, price transparency has become a major industry initiative. Several pieces of legislation are changing […]
2024 Healthcare Revenue Cycle Management and Payment Trends Millennia / November 17, 2023 2024 Healthcare Revenue Cycle Management and Payment Trends Many healthcare organizations have faced challenges in 2023, from industry-wide staffing shortages to adopting telehealth to keeping up with digitized healthcare. As the year […]
How to Manage an Increased Volume of Medical Billing Inquiries Millennia / April 26, 2023 Having a strategy for billing and collections procedures in a medical practice is crucial. The right strategies maintain steady revenue cycles and help patients stay engaged with their payments. However, […]
Answering the Call for Financial Transparency: What Does Financial Transparency Mean for Hospitals, Physicians, and Other Healthcare Providers? Millennia / August 31, 2022 Healthcare Consumerism Is Here to Stay Self-pay cannot be ignored as a major player in a healthcare system’s financial success. Consumer contribution to overall revenue continues to grow–35% of total […]
Answering the Call for Financial Transparency: The Evolution of Healthcare Millennia / August 17, 2022 Historically, the health system has been a business-to-business payment model6. A healthcare provider’s revenue largely depended on how well it managed the flow of claims from its billing system to […]
Answering the Call for Financial Transparency: Executive Summary Millennia / August 10, 2022 Like it or not, healthcare is a business. And like any business, to survive and hopefully thrive, you must adapt to the market. Even though most healthcare facilities are non-profits […]