Guide to Health Care Price Transparency in 2023 Kevin Hidenfelter / 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 Kevin Hidenfelter / 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 Josh Berman / 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? Scott Sanner / 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 Scott Sanner / 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 Scott Sanner / 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 […]
