At first glance, increased patient collections and improved patient satisfaction don’t appear to be linked. But there’s a lot to be said for the power of price transparency when it comes to patient engagement. After all, patients want visibility into what they will owe, and a happy patient is much more likely to satisfy his or her financial obligation.
Here’s a little something we’ve put together for all of our industry colleagues descending on HFMA ANI 2015, in Orlando this week. The Lighter Side of Revenue Cycle Management is a whimsical look at some of the challenges providers face in today’s fast-moving healthcare marketplace.
Effective revenue cycle management can be a challenge for any hospital, but for smaller providers it is even tougher.
Orlando Health used RelayAssurance for years to help maximize cash flow and improve first-pass claim acceptance, but wanted the ability to perform deeper dives into claims data.
RelayHealth® Financial announced its agenda for HFMA ANI 2015: three days of educational, leadership networking, and charitable activities, including a series of four in-booth presentations covering topics by revenue cycle experts.
RelayHealth Financial announced strategic alliance with Ovation Revenue Cycle Services that will give hospitals that use RelayAssurance Plus access to enhanced claim status information from more than 300 health insurers nationwide through a payer portal.
In 2013, the Centers for Disease Control reported that nearly 80% of healthcare providers had implemented an electronic health record (EHR) system. Industry leaders believe that the ability to digitize data at the point of care is an important—and necessary—step toward the Institute for Healthcare Improvement's (IHI) Triple Aim: improving patient experience and population health while lowering costs.
RelayHealth Financial announced the San Francisco Healthcare Finance Symposium, a forum for hospital revenue cycle professionals taking place on May 28, 2015 at the San Francisco Marriott Marquis.
Anticoagulants are considered one of the most at-risk classes of medication for adverse events. Warfarin, a frequently prescribed medication from this class in the United States, appears on the Institute for Safe Medication Practices (ISMP) list of high-alert medications. During the last quarter of 2014, several prescriptions were involved in errors where Warfarin was originally submitted and after real-time alerts from RelayHealth's RxSafety Advisor® a medication that appears to be a look-alike/sound alike (LASA) to warfarin was ultimately dispensed.
As the healthcare industry continues to undergo a significant evolution, one area ripe for change is today's prescribing environment. Examining current trends can help us understand how digital prescribing may evolve over the next one to three years: the ongoing adoption of health information systems and related reinforcement of standards and connected information flow offers opportunity to transform electronic prescribing while improving patient access and lowering care costs.