Healthcare revenue cycle is the heartbeat of hospitals, provider organizations, and health systems. The revenue cycle processes, tracks, and collects for services rendered to patients. As medical billing becomes more complex, and rules and regulations keep constantly shifting, it is no longer just a simple business office transaction. The revenue cycle touches everything from schedules
Read more

The Biden-Harris Administration made $25.5 billion in new funding available for healthcare providers affected by the COVID-19 pandemic. HHS announced availability of the funding, which includes: $8.5 billion in American Rescue Plan (ARP) resources for providers who serve rural Medicaid, Children’s Health Insurance Program (CHIP), or Medicare patients An additional $17 billion for Provider Relief
Read more

The Washington Post-Kaiser Family Foundation polled frontline workers in April 2021 and revealed, ”3 out of 10 healthcare workers are thinking of changing professions.” While this may sound surprising, it makes total sense. Nearly half (49%) of healthcare workers reported they had suffered burnout in 2020, while 43% reported feelings of work overload. And it’s
Read more

2020 was an especially difficult year for most rural hospitals and health systems, who lost an estimated 70 percent of their income due to delayed and deferred visits and procedures. Although billing and claims might seem like a pretty linear process, there are detours and bumps that challenge even the best revenue cycle management teams.
Read more

Robotic Process Automation (RPA) has a decades-long history. Screen scraping started during the early days of the Internet to help users extract data from the web. It referred to the practice of reading text data from a computer display terminal’s screen. Simple scenarios involved automation navigating through a series of steps in an application using
Read more

As part of the Cares Act legislation, The Department of Health and Human Services (HHS), will provide claims reimbursement to health care providers for testing, treatment, and vaccine administration to the uninsured patient population. More than $5.6 billion dollars have been paid to date and over 238,000 health care providers have enrolled in the program.
Read more