Full Revenue Cycle Management
Predictions for the Future of Healthcare in 2025
Predictions for the Future of Healthcare in 2025 ALPHARETTA, GEORGIA | December 09, 2024 As the new year approaches, we are reflecting on the state of the healthcare industry today and want to share our predictions for the future of healthcare in 2025 and beyond. The healthcare industry has undergone dynamic shifts in…
New Revenue Cycle Partnerships: Ensuring Success If Conducting Remote Assessments
New Revenue Cycle Partnerships: Ensuring Success If Conducting Remote Assessments Healthcare providers across the U.S. are losing billions of dollars annually due to revenue cycle inefficiencies. Many organizations are opting to partner with a revenue cycle services organization to minimize revenue gaps and improve their bottom line. Once a revenue cycle partner is selected, a…
Optimizing the Healthcare Revenue Cycle with Emerging Tech
Optimizing the Healthcare Revenue Cycle with Emerging Tech John Hataway | Senior Director – Continuous Improvement & Automation The healthcare revenue cycle historically, and in all too many cases presently, has relied heavily on manual processes and paper-based systems. This is a labor-intensive, time-consuming method prone to errors. Gradually, we’ve seen digitalization such…
Savista’s 2024 Healthcare Industry Outlook
Savista’s 2024 Healthcare Industry Outlook ALPHARETTA, GEORGIA | December 13, 2023 Savista has unveiled its top 2024 predictions for the healthcare industry. Serving as a partner to hospitals, systems, and physician practices for more than 30 years, Savista’s deep bench of experts-from CEO Jan Grimm to Chief Strategy Officer Laxmi Patel and Vice…
Globalization: The Power of Global Centers of Excellence in the Revenue Cycle
The Power of Global Centers of Excellence in the Revenue Cycle Laxmi Patel | Chief Strategy Officer Given the financial and staffing challenges healthcare is facing today, globalization is here, and it’s here to stay. Globalization has gotten a bad rap for many years, but when fully understood and employed in the right…
Your EHR is the Most Powerful Tool You Have: Steps to Getting the Most Out of your Epic Investment
Your EHR is the Most Powerful Tool You Have: Steps to Getting the Most Out of your Epic Investment Laxmi Patel | Chief Strategy Officer Epic has changed the face of healthcare; becoming the one source of truth and reporting for many organizations. It provides a wide range of comprehensive functionalities across patient experience,…
Finding Balance in Patient-Centric RCM
Finding Balance in Patient-Centric RCM Laxmi Patel | Chief Strategy Officer A successful revenue cycle should not be seen as a series of numbers, financial statements, and outcomes. It must encompass the entire patient journey, which should continue to be the central focus and the heart of healthcare. Unfortunately, in pursuit of efficiency and…
Balancing the Use of Automation Within the Healthcare Revenue Cycle
Balancing the Use of Automation Within the Healthcare Revenue Cycle John Hataway | Senior Director – Continuous Improvement & Automation Typically, hearing the terms “Automation or AI” elicits one of two responses– an immediate sense of apprehension and avoidance, or a complete overestimation about its capabilities, though in some cases those two responses go…
Revenue cycle optimization improves net revenue through sustainable improvements
Revenue cycle optimization improves net revenue through sustainable improvements. Case Study Revenue cycle optimization improves net revenue through sustainable improvements. Decreased revenue and increased denials were a problem for this west coast acute care provider with 350+ beds and $1.1B NPR. Contributing to the reduced cash flow were authorization backlogs, billing inconsistencies and inferior workflow…
Strategic Partnerships and Outsourcing to Confront Labor Shortages
Strategic Partnerships and Outsourcing to Confront Labor Shortages Strategic Partnerships and Outsourcing to Confront Labor Shortages As the onslaught of COVID-19 persists into a yet another calendar year, the healthcare sector remains entrenched in economic pressure. The Great Resignation of 2021 saw record numbers of people quitting their jobs amid the pandemic, with…