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HFMA Trendsetter: Optimizing Payment Receipt to Improve Cash Flow and Reduce Error
Although the healthcare industry has made strides in leveraging technology to streamline financial operations, there are still many opportunities for improvement. This article explores strategies healthcare providers can utilize to optimize payment receipt and strength revenue cycle operations.
The Evolving Revenue Cycle
Revenue cycle is a key function for healthcare providers as the need to maximize patient revenue is essential to their financial well-being. From price transparency, to revenue cycle automation and patient lending programs, this article examines several strategies that generate the most financial impact.
Healthcare Payments in an Era of Disruption
New forces have emerged carrying the potential to disrupt the healthcare industry, especially in the area of finance. This eBook examines the nature of disruption, the implications for healthcare payments, and effective strategies to overcome the barriers to fundamental change and innovation.