7 Revenue Cycle Management Tips
Healthcare is getting squeezed from every direction. The discussion around the cost of healthcare has exploded and everyone is looking at ways to lower the cost of healthcare. Unfortunately, for a...
View ArticleHospitals Put Off RCM Upgrades Due To #ICD10, #MU Focus
If you look closely at the financial news coming out of the hospital business lately, you’ll hear the anguished screams of revenue cycle managers whose infrastructure just isn’t up to the task of...
View ArticleCIOs Want More Responsibility — And It’s About Time They Get It
The life of a healthcare CIO is a tough one. More than ever before, healthcare CIOs walk a fine line between producing great technical results and thinking strategically about how technology serves...
View ArticleDo Hospital #HIT Leaders Need Business Coaches?
Though they don’t always cop to it, a goodly number of senior business leaders pay very good money — I’ve heard quotes as high as $10,000 a year — for the help of an executive coach. Part high-end...
View ArticleDid Hospitals Put Off RCM Upgrades for Nothing?
In December of last year, I wrote a piece outlining a study on revenue cycle management systems by research firm Black Book. The piece noted that despite hospitals’ desperate need to modernize their...
View ArticleStudy: Scribes Have Positive Financial Impact
Many hospitals, and some larger medical practices, have been using scribes to capture medical documentation within EMRs — leaving the provider free to make old-fashioned eye contact with patients....
View ArticleHospitals Favor IT Investments Over Cash on Hand
Today I was reading a piece in Healthcare Finance News concluding that now more than ever, hospitals are being judged by financial analysts by the number of days’ cash they had on hand. At the same...
View ArticleAre All the Reports You Run Ready for ICD-10?
ICD-9 codes provide a wealth of statistical information for healthcare organizations. There are many details that are captured within each code that tell a story of the complexity of each patient’s...
View ArticleHas ICD-10 Been a Smooth Transition for You?
So here we are after a long awaited transition to a new code set. Is anyone feeling the sting yet? I haven’t seen much change over the past few days which is to be expected since we are only beginning...
View ArticleWhy Should Medical Coders Have the CCS Credential?
In continuation of my posts on the value of HIM credentials, one very important credential is the Certified Coding Specialist (CCS). This tried-and-true credential shows current and potential employers...
View ArticleEpic EMR Costs Drag Down Finances At Brigham and Women’s
It’s worth noting from the outset that many healthcare organizations have had it worse. Epic installs have blown health system budgets sky high, sapped their profitability and undermined their credit...
View ArticleA Study on the Impact of ICD-10 on Coding and Revenue Cycle
Implementing ICD-10 coding has been, in some ways, like learning a new language. We took a specialized task that has been repeatedly performed for over 30 years and turned it on its head with new...
View ArticleIs An Epic Investment Bad For Health Leaders’ Job Stability?
For quite some time now, the buzz has been that at least one EMR vendor was a safe bet for everyone involved. “No one ever got fired for choosing Epic” has begun to seem as obvious a sentiment as “No...
View ArticleHIMSS Puts Optimistic Spin On EMR Value Data
After several years of EMR deployment, one would think that the EMR value proposition had been pretty well established. But the truth is, the financial and clinical return on EMRs still seems to be in...
View ArticleHospital EMR Buyer Loyalty May Be Shaky
When it comes to investing in enterprise software, just about any deal can turn sour. If you’re acquiring a mission-critical platform, there’s an even bigger risk involved, and the consequences of...
View ArticleHealthIT Trends from Healthcare Marketing Leaders
Last week 180+ HealthIT Marketers gathered in Atlanta for the #HITMC conference hosted by John Lynn and Shahid Shah. This annual event brings together content creators, editors, graphics artists,...
View ArticleCan HIM Professionals Become Clinical Documentation Improvement Specialists?
Most acute care hospitals have implemented a clinical documentation improvement (CDI) program to drive appropriate reimbursement and clarification of documentation. These roles typically live (and...
View ArticleICD-10 Check-Up
It’s hard to believe it has been seven months since we implemented ICD-10 in the US. We talked about this subject and planned for so many years and now it feels like second nature. Looking back, I...
View ArticleAvoiding Revenue Crunches During EMR Transitions
Most healthcare leaders know, well before their EMR rollouts, that clinical productivity and billings may fall for a while as the implementation proceeds. That being said, it seems a surprising number...
View ArticleAre We Outgrowing HIM Systems?
We have changed and adapted to a rapid influx of electronic medical records and data over the last several years and it’s no surprise that some systems have struggled to keep the pace. Electronic...
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