Today McKesson's RelayHealth Financial announced that it has teamed up with Emergency Recovery Inc. (ERI) to provide revenue recovery services for its provider customers. The service can help providers find and recover millions in otherwise unrecovered revenue, without contacting patients or charging up-front fees. Read the news release
"We're on the verge of a digital Renaissance in healthcare," predicts a McKesson VP, when asked by Becker's Hospital CFO to look into the near future. Six health care experts make their profound and practical predictions for revenue cycle management in 2017. Read the article
Pre-service authorization is a tedious, time consuming, and costly process for most providers. And issues related to pre-authorization are a major source of claims denials.
Those are just some of the pre-authorization pain points reported by HealthLeaders Media in a new survey of 158 senior clinical, operations, marketing, and financial leaders from non-profit and for-profit providers nationwide.
The study, commissioned by RelayHealth Financial, ranks pre-service authorization pain points and helps identify areas where improved processes and technology could help streamline payment and reduce denials.
RelayClearance Authorization now includes more than 635,000 payer-specific authorization policy screening rules from 549 commercial, managed care, and government health plans. The solution helps streamline prior authorization processes in real time. Read the article
Today RelayHealth Financial announced that its RelayClearance Authorization solution now includes more than 635,000 payer-specific authorization policy screening rules from 549 commercial, managed care, and government health plans. That means providers using RelayClearance Authorization have access to updated screening rules from payers covering more than 90% of covered lives. Read the news release
Pre-authorization is time consuming, costly, can delay care, and is a major source of claims denials. Those are just a few of the pre-authorization pain points reported in a survey of C-suite provider executives nationwide. This white paper reports and ranks pre-authorization problems, delves into the issues, and provides a path forward to improve pre-authorization to create more automated and streamlined system. Read now or download and read later
How do you make the payment process easier and more streamlined for patients? A panel of healthcare experts provides key tips to improve the patient experience and help the revenue cycle at the same time. Read the article
An expert panel provided key strategies for using data analysis in revenue cycle processes, which are becoming increasingly complex. "Data shouldn't be used only to get answers," said one of the experts. "Rather it should help you ask better questions." The panel took place at the Becker's Hospital Review 2nd Annual CIO/HIT + Revenue Cycle Conference in Chicago. Read the article
Leading experts discuss how to reduce the often-overlooked front-end errors in the revenue cycle. Simple registration errors, such as incorrect data entry, cause between 30% and 40% of payer denials. Read the article
Six companies debuted revenue cycle management products at the Healthcare Financial Management Association's 7th Annual National Institute (HFMA ANI )conference in Las Vegas. Read the article