Erin Lovett
Leveraging Outsourcing to Optimize Financial and Operational Outcomes
Leveraging Outsourcing to Optimize Financial and Operational Outcomes Revenue cycle outsourcing continues to gain widespread traction throughout the healthcare industry. Contracting certain business functions to external partners has become a boon for healthcare organizations looking to cut costs, increase efficiency, and keep up with the changeable commercial landscape. The ongoing impacts of the pandemic…
Ensure Compliance with Regulation F Debt Collection Directives
Effective November 30, 2021, the Consumer Financial Protection Bureau (CFPB) enacted a new federal debt collection rule known as Regulation F. The recent legislation aligns with the Fair Debt Collection Practices Act (FDCPA), which addresses consumer rights while imposing certain requirements for active debt collectors. Regulation F consists of two distinct rules. First,…
Ensuring Compliance with the HHS No Surprises Act
The start of 2022 will usher in new legislation from the Department of Health and Human Services (HHS) to protect patients from receiving unforeseen bills from out-of-network (OON) providers. Effective January 1, 2022, the No Surprises Act essentially bans OON providers from billing insured patients an amount greater than if they had been treated…
Social determinants of health and value-based reimbursement
Social determinants of health and value-based reimbursement Two of the biggest trends in modern health policy are shaping the evolution of today’s Medicaid programs. For starters, the shift towards value-based payment (VBP) is helping providers address health-related factors beyond a patient’s immediate need for care. Along with an increasing emphasis on social determinants of health, this shift is…
Minimizing Financial Risk in a Consumer-Driven Environment
Minimizing Financial Risk in a Consumer-Driven Environment When examining today’s consumer-driven approach to healthcare, there are multiple factors to consider in order to minimize financial risk and ensure appropriate reimbursement. Understanding your patients is the first step. Patients have gained increased control in the business of healthcare over the years, especially given the expansion of virtualization…
Ensuring Sustainable Revenue Cycle Health At Skilled Nursing Facilities
Ensuring Sustainable Revenue Cycle Health At Skilled Nursing Facilities With a focus on cutting costs, today’s payers are looking closely at site of care when it comes to treatment options. Hospitals are among the most expensive sites of care, prompting a general shift towards skilled nursing facilities (SNF) as an alternative. According to Becker’s Hospital Review,…
Are Medicaid eligibility requirements negatively impacting your bottom line?
Are Medicaid eligibility requirements negatively impacting your bottom line? With limited income and resources, a significant portion of today’s population depends on Medicaid for assistance with mounting healthcare costs. At the same time, Medicaid’s complexity leaves many qualified patients confused as to how to achieve and maintain coverage. For starters, Medicaid eligibility requirements…
Maximizing Eligibility and Enrollment Through Virtual Technology
Maximizing Eligibility and Enrollment Through Virtual Technology Are you ready to improve patient engagement? Watch this Modern Healthcare webinar replay featuring Savista revenue cycle management experts and see how your healthcare organization can enhance healthcare Eligibility and Enrollment today. During this virtual webinar, Laxmi Patel and Aimee Newson discuss how, given current and future…
Drive Revenue with a Patient-First Approach
Drive Revenue with a Patient-First Approach Savvy hospitals and health systems are trending towards the tenets of consumerism as they look to cultivate a more patient-centric approach. In the interest of the patient, healthcare organizations are steadily adopting more “retail-like” behaviors, including 24-hour scheduling and other services that operate around the clock using revenue cycle…
Opportunities for Virtualization in the Healthcare Revenue Cycle
Opportunities for Virtualization in the Healthcare Revenue Cycle Due to the persistence of COVID-19, today’s healthcare environment relies heavily on telehealth as a viable – and often preferred – option for routine patient care. It’s no secret that the onslaught of the pandemic prompted providers nationwide to transition from in-person healthcare services to telephone and…