1. How Memorial Hermann is tackling consumerism in the digital era
Hospitals and health systems are increasingly focusing on consumers as they make up a larger portion of organizations’ payer mix and are a crucial revenue source. This includes Houston-based Memorial Hermann Health System, a nonprofit clinically integrated network with more than 250 care delivery sites.
2. 32% of consumers compare healthcare prices online, survey finds
Nearly a third (32 percent) of consumers use the internet or mobile apps to compare prices for healthcare services, according to UnitedHealthcare’s 2017 Consumer Sentiment Survey.
3. 6 recent RCM service expansions
Here are six revenue cycle management portfolio expansions involving healthcare vendors and providers so far in October.
4. New York City Health + Hospitals to sue state over $380M in DSH funding
New York City Health + Hospitals plans to sue state officials over $380 million in disproportionate share hospital payments it claims the state is unlawfully withholding.
5. 10 revenue cycle tips for healthcare organizations
As patients take on more out-of-pocket costs, and patient satisfaction continues to influence the financial health of hospitals, revenue cycle management has become increasingly important to organizations.
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