This week’s 5 must-reads for hospital RCM leaders

Here are five articles published by Becker’s Hospital Review offering insight on revenue cycle management challenges for healthcare organizations, consumer engagement, RCM optimization and more.

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1. The biggest RCM challenges for hospital and health system leaders
Healthcare organizations face a myriad of revenue cycle management challenges as patients take on more financial responsibility for their care.

2. Consumer engagement: The key to improving payment collections and the patient experience
The rise in popularity of high-deductible health plans has changed the way patients approach their medical expenses.

3. 3 best practices for hospital revenue cycle optimization
A panel of experts shared the following best practices for navigating the revenue cycle improvement process.

4. 5 states with the highest out-of-pocket healthcare spending
A recent report by the JPMorgan Chase Institute reveals states with the highest average annual out-of-pocket spending per family in 2016.

5. Providers’ response to balance billing: 3 takeaways
Ed Gaines, chief compliance officer of Zotec Partners, a Carmel, Ind.-based revenue cycle management service company, shared three takeaways about balance billing and physicians’ role in addressing the practice.

 

More articles on healthcare finance:
Ascension’s net income more than triples to $1.8B
Sen. Grassley: Tax-exempt hospitals shouldn’t need ‘herculean oversight’ to meet charitable obligations
California hospital’s reporting errors cause Medicare to overpay 173 other facilities

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