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Revenue, Cost, Productivity and Quality: The Four Modern Day …

WEBAll across the modern day healthcare landscape in hospital and healthcare system boardrooms, the four main topics discussed on a regular basis by executive …

Actived: 8 days ago

URL: https://blog.pmmconline.com/blog/revenue-cost-productivity-and-quality-the-four-modern-day-healthcare-directives-heard-in-todays-boardroom

Healthcare Revenue Cycle Blog by PMMC

WEBBy: Matt Goss April 25th, 2023. Over the last several years, hospitals and healthcare groups have been ravaged by pandemic-related revenue losses. According to the American …

Category:  Health Go Health

Top 10 Revenue Cycle Management Initiatives

WEBRevenue cycle teams have an average of 14 top priority initiatives. 2. The top 10 initiatives at large health systems include: Preventing denials and …

Category:  Health Go Health

What Does Machine Learning Mean for the Healthcare Revenue …

WEBAccording to Healthcare Business Insights, research shows that roughly 30-40% of denials are caused by registration errors, representing as much as 0.5% in lost …

Category:  Health Go Health

Consumerism in Healthcare: A Look to the Future

WEBPopulation Health Improve outcomes and reduce costs with our population health analytics. Bundled Payments Enhance success with bundled payments by …

Category:  Health Go Health

4 Key Metrics You Should Track In Hospital Contract Management

WEBPopulation Health Improve outcomes and reduce costs with our population health analytics. Bundled Payments Enhance success with bundled payments by …

Category:  Health Go Health

Improving Payer Contract Negotiations: Managed Care …

WEBJohn Collier: Hospitals need to be reaching out for any specific COVID-19 payments. In fact, 395 hospitals out of about 6,000 received part of the $12B payment. …

Category:  Health Go Health

Star of the Month: Mary Bongiorno, Director of Admission and …

WEBStar of the Month is a program that recognizes PMMC's clients who demonstrate our core values, went above and beyond in their role, and truly made an …

Category:  Health Go Health

Top 5 Revenue Cycle Management Providers PMMC

WEBExperian. Experian is the largest company out of these 5 listed, but improving healthcare is only part of the services they offer. Experian provides hospitals, …

Category:  Health Go Health

3 Reasons Why Hospitals Should Use Analytics to Drive Payer …

WEBThe use of prospective contract modeling analytics unites the entire financial services team around the same data, shared across all functions. This cohesion …

Category:  Health Go Health

Gain an Edge in Payer Negotiations With Healthcare Contract …

WEBThat’s basically the purpose behind establishing a functioning contract modeling system; to ensure that when the time comes to negotiating contracts with the …

Category:  Health Go Health

5 Methods of Hospital Reimbursement

WEBHere are the five most common methods in which hospitals are reimbursed: 1. Discount from Billed Charges. This offers the provider the lowest level of risk with the …

Category:  Health Go Health

How to Negotiate with Payers – Tips from a Managed Care Expert

WEBCurrently serving as the Executive Director - Managed Care for The MetroHealth System and ACO Executive of MetroHealth Care Partners, Susan Mego’s …

Category:  Health Go Health

Ensuring Payer Contracts Are Being Maximized with Contract …

WEBPopulation Health Improve outcomes and reduce costs with our population health analytics. Bundled Payments Enhance success with bundled payments by …

Category:  Health Go Health

Contract Modeling Software or Microsoft Excel: Which is Better

WEBCons of using contract modeling software to model payer contracts. 1. Slower calculation run time. For example, changing a rate in Excel can be updated immediately. …

Category:  Health Go Health

How to Maximize Reimbursement with Contract Management …

WEBIn fact, reimbursement variances often occur at a rate of 7% - 12% of all claims and after the rebilling and appeal process. This translates bottom-line impact of …

Category:  Health Go Health

The Ultimate Guide to Your Next Chargemaster Review

WEBThis action plan is designed to help guide the way and ensure your next Chargemaster review is successful! 1. Understand Your Hospital's Market Position. …

Category:  Health Go Health

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