Healthcare Revenue Cycle Management Glossary Millennia / May 24, 2024 Though the top priority in your hospital or practice is delivering quality care to your patients, generating revenue is just as vital to maintaining your operations. Healthcare revenue cycle management […]
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 comes […]
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 […]