Here are five articles published by Becker's Hospital Review this past week offering insight on revenue cycle management service expansions, patient billing, patient collections and more.
1. ZirMed, Navicure name leader of combined company, Cuero Health System selects Revenue Maximization Group for RCM services & more — 9 RCM key notes
Here are nine recent updates on revenue cycle management companies.
2. 77% of group practices still send paper bills despite patient demands for electronic billing
Providers at times fall short in meeting patient demands regarding billing, according to Medical Group Management Association findings.
3. Many patients don't fill cholesterol drug prescriptions due to high out-of-pocket costs, study finds
Many patients forgo PCSK9 inhibitors therapy — which is designed to help reduce cholesterol — primarily due to out-of-pocket costs, according to a study published in JAMA Cardiology.
4. Survey reveals majority of hospitals collect from patients at 'snail' speed
Many revenue cycle professionals representing hospitals want to improve the speed of patient collections, according to an ACI Worldwide survey.
5. 17 RCM service expansions in September
Here are 17 revenue cycle management portfolio expansions involving healthcare vendors and providers in September.