Patient Identity Management – A Critical yet Underappreciated Healthcare Component How sure are you if the individual at the registration desk is the patient scheduled for the appointment? Do you know if their insurance information is valid? How about their address? Are you sure they are still residing in the same county as last year? […]
Longer hospital stays, sicker communities, staffing shortages, and a rising self-pay population may have led to nearly $54 billion in revenue loss in 2021, despite federal relief. The State of the Hospital Revenues in 2021 The second calendar year of the raging pandemic had been much kinder to hospitals, with most hospitals reporting a decent […]
Rural Hospitals – The Lifeblood of Local Economy As the pandemic continued raging through the second year in a row, hospitals in rural America were the most impacted. A study by Chartis Center for rural health estimated that nearly 450 rural hospitals are facing the risk of closure. We have a new study out this […]
Unlocking the Door to the Best Healthcare Experience The Covid-19 pandemic disrupted our lives and has transformed the way we operate. Some of these changes are here for good and are bound to change how we operate. The pandemic also left a profound impact on every organization globally, but no other industry has been as […]
Patient Collections – A Complicated, yet Critical Process The challenges of patient collections are multifold and for good reasons. A study conducted by Insta Med, a J.P Morgan Company, noted that almost 78% of providers are not able to collect a $1000+ patient balance even in 30 days. With patients taking on more of the […]
