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 The health care outsourcing market is growing, with technology, billing solutions and home health services becoming more common. Outsourcing can help your organization flourish by lowering equipment and software expenses, […]
2024 Healthcare Revenue Cycle Management and Payment Trends Josh Berman / 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? 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 […]
