Here are five articles published by Becker's Hospital Review this past week that offer insight on revenue cycle management service expansions, how health systems will conquer their RCM goals and more.
1. 9 recent RCM service expansions
Here are nine companies that extended their revenue cycle management portfolios for healthcare vendors and providers so far in May.
2. HFMA recognizes 17 healthcare organizations for revenue cycle performance
Four integrated delivery systems, two hospital systems, seven individual hospitals and four physician practices received the Healthcare Financial Management Association's 2017 MAP Award for High Performance in Revenue Cycle.
3. 4 questions with Billings Clinic director of patient financial services Clay Fosjord
Clay Fosjord, director of patient financial services at Billings (Mont.) Clinic, recently answered questions from Becker's Hospital Review about his greatest challenge as a revenue cycle leader and how he would improve the revenue cycle process.
4. How 4 health system leaders plan to conquer their RCM goals
Health systems are constantly striving for operational improvements as cost reductions and an increase in self-pay patients pressure their finances. As a result, revenue cycle management leaders face a number of challenges, including claim denials, cost to collect and price transparency.
5. Study: Medicare audit, appeals process exceeded 4.5 years due to backlog
A Medicare backlog significantly holds up the audits and appeals process, according to a study published in the Journal of Hospital Medicine.