Outsourcing
Navigating Global Outsourcing in Revenue Cycle: The Benefits and Potential Challenges
Navigating Global Outsourcing in Revenue Cycle: The Benefits and Potential Challenges Have you ever considered outsourcing some or all of your revenue cycle functions? Don’t know where to start? In this webinar with the Healthcare Financial Management Association (HFMA), our Chief Strategy Officer, Laxmi Patel, discusses the benefits and challenges of global outsourcing. She is…
AR outsourcing partnership revitalizes revenue cycle operations and increases cash
AR outsourcing partnership revitalizes revenue cycle operations and increases cash. Case Study AR outsourcing partnership revitalizes revenue cycle operations and increases cash. This client with 215 beds and $277M NPR was a long-term partner that needed to revitalize operations and increase cash. Job loss due to the pandemic left their region with above average unemployment…
Nationally recognized academic medical center sees 35% improvement in denial write-offs with outsourcing.
Nationally recognized academic medical center sees 35% improvement in denial write-offs with outsourcing. Case Study Nationally recognized academic medical center sees 35% improvement in denial write-offs with outsourcing. A physicians’ group for an 885-bed, $2.5B NPR academic medical center experienced a growing patient liability population resulting in a rise in uncompensated care, denial write-offs and…
Academic health system exceeds cash goal with streamlined revenue cycle
Academic health system exceeds cash goal with streamlined revenue cycle. Case Study Academic health system exceeds cash goal with streamlined revenue cycle. An academic health system with 2,700+ beds and $5.15B NPR experienced decreasing profit margin and cash flow from declining patient revenue, putting their financial health at risk. Bottom-line impact from a system conversion,…
Client reduces AR days by 36% in 120 days
Client reduces AR days by 36% in 120 days. Case Study Client reduces AR days by 36% in 120 days. This 47-bed acute care hospital battled delayed reimbursement and missed revenue due to coding accuracy and productivity. They saw an increase of coding-related denials and lower-than-anticipated reimbursement levels. Coders had limited access to training resources…
Outsourcing partnership transforms HIM-related KPIs and reduces DNFC by 83%
Outsourcing partnership transforms HIM-relatedKPIs and reduces DNFC by 83%. Case Study Outsourcing partnership transforms HIM-related KPIs and reduces DNFC by 83%. What problems can revenue cycle management outsourcing solve? This 478-bed health system struggled with essential HIM performance metrics. The department had a sustained record completion backlog, ongoing troubles with coding quality and production, as…
Client transforms HIM KPIs and DNFC by 66% and continues to sustain improvements
Client transforms HIM KPIs and DNFC by 66% and continues to sustain improvements. Case Study Client transforms HIM KPIs and DNFC by 66% and continues to sustain improvements. This 25-bed critical access hospital with $130M NPR was not meeting their financial KPIs following an EMR implementation. They battled with inaccurate record filing, a backlog of…
Patient and physician satisfaction improved with patient access transformation
Patient and physician satisfaction improved with patient access transformation. Case Study Patient and physician satisfaction improved with patient access transformation. Inconsistent and ineffective patient access processes affected revenue and timely service delivery for this acute care facility with 407 beds and $273M NPR. Incomplete registrations, lack of coverage verification, authorization and financial clearance prior to…
The Benefits to Outsourcing and Globalization of Healthcare
The Benefits to Outsourcing and Globalization of Healthcare Listen to this Becker’s Healthcare Podcast interview with our Chief Strategy Officer, Laxmi Patel to learn more about revenue cycle outsourcing. How can RCM outsourcing help your healthcare organization? Watch More See All Webinars
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…