Here are five articles published by Becker's Hospital Review this past week offering insight on revenue cycle management performance, medical debt evaluation practices, reducing billing errors and more.
1. Credit rating agencies to change medical debt evaluation practices: 6 things to know
Credit agencies will change medical debt reporting and evaluation practices to reduce some of the financial consequences for consumers, beginning in September.
2. RCM tip of the day: Reduce medical billing errors by focusing on edits
Healthcare organizations consistently seek decreases in their medical billing denials to improve revenue cycle performance. They can achieve this by focusing on edits in their patient accounting, EMR or claims management system workflows, according to Kamron Lachney, vice president of hospital operations for Alpharetta, Ga.-based Change Healthcare.
3. 4 RCM questions with Phoebe Putney CFO Brian Church
Brian Church, senior vice president and CFO of Albany, Ga.-based Phoebe Putney Health System, answered questions from Becker's Hospital Review about his greatest challenges as a revenue cycle leader and how he would improve the revenue cycle process.
4. Medical Transcription Billing Corp. acquires RCM company, Simplee recognized for patient finance solution & more — 5 RCM key notes
Here are five recent updates on revenue cycle management companies.
5. How hospitals can improve revenue cycle performance: 4 key thoughts
Attendees and vendors at the Healthcare Financial Management Association's Annual National Institute conference in Orlando, Fla., answered this question: What is one thing hospitals can do today to improve revenue cycle performance?