1. ClearBalance reveals 2018 winners for top patient financing performance
Four U.S. health systems have been recognized for patient financing performance by hospital patient loan provider ClearBalance.
2. Increasing patient out-of-pocket costs spur more uncompensated care for hospitals, analysis shows
Hospitals are facing reimbursement challenges as patients are hit with greater financial responsibility for their care, a new analysis from TransUnion Healthcare finds.
3. RCM tip of the day: Include provider data management in M&A integration plans
Hospitals involved in mergers and acquisitions shouldn’t forget to include provider data management to ensure claims payment, according to Scott Friesen, CEO of Newport Credentialing Solutions.
4. Study: Less than half of hospitals, health systems are pursuing customer-friendly billing statements
While hospitals and health systems are focusing more on patient-focused initiatives, they have room for improvement in various key areas related to consumerism, particularly pricing strategy and price transparency, according to a new report by Kaufman Hall.
5. Study finds no significant link between care costs and early penetration of value-based payment models
One way to reduce the nation’s total cost of care is with stronger incentives for adopting value-based payment models, according to a research study conducted by the Healthcare Financial Management Association, Leavitt Partners and McManis Consulting.
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