AR Logix Healthcare Revenue Cycle Blog

4 Common Medical Accounts Receivable Problems & How To Fix Them

Posted by Ali Bechtel on Feb 23, 2017 6:00:00 AM

Are there consistent errors within your medical accounts receivable management processes that are restricting your organization’s cash flow? There are a few common problems that plague healthcare providers that can be avoided in a few simple steps.

Medicare Advantage Plans Causing Reimbursement Headaches? How to Ease the Pain.

Posted by admin on Nov 19, 2015 2:00:00 AM

With the expansion of Medicare has also come a rise in Medicare Advantage plan enrollment by American seniors. Older patients are attracted to these "replacement plans" due to savings on premiums and the convenience of one-stop shopping for coverage. However, misinformation and a lack of education on the details of these plans is causing headaches for enrollees and healthcare organization reimbursement departments alike.

5 Healthcare Industry Trends Contributing to the Rise in BPO

Posted by Ali Bechtel on Nov 5, 2015 2:00:40 AM

Growing challenges, restrictions and mandates across the healthcare spectrum are driving more and more hospital and physician practice managers to consider healthcare business process outsourcing.

FAQ: When Can I Send a Patient to Collections?

Posted by Ali Bechtel on Mar 5, 2015 11:02:47 AM

FAQ:

When can I send a patient to collections?

Answer:

You can send a patient to collections at any time. Payment for services rendered is due at time of service or shortly after patient responsibility determination. 

When the Winds of Change Blow Hard - A Look at the Collection Industry in 2015 - By Harry Strausser III

Posted by admin on Jan 8, 2015 6:00:33 AM

Many operators in the accounts receivable management (ARM) industry have been tying down their operations to brace for the hurricane force winds of change that have pummeled the industry in recent years. 2014 proved to be a continuation of new perspectives, regulatory turmoil, increased litigation by the consumer bar and internal office modifications as we look for common ground, understanding and agreement of how our industry should perform our services.

A Proven Solution to Increasing Operating Costs

Posted by admin on Nov 18, 2014 6:00:56 AM

Hospitals are seeing attrition in profits for the first time since 2008, due in large part to rapidly rising expenses. Not only are profits growing slower than expenses, the growth is less a result of an increase in patient volume, and more from higher payments from state provider fee programs and the federal meaningful-use incentive program. Of course those factors that helped to increase profits also contributed to a further increase in operating expenses.

Problems Solved: 3 Issues Plaguing Healthcare Providers & Their Solutions - #3 Rising Bad Debt

Posted by admin on Oct 31, 2014 7:00:26 AM

Healthcare providers are faced with ever-changing industry standards, regulations and restrictions. The presenters at this year’s New Jersey HFMA Annual Institute shed some light on three issues plaguing the industry under the current reforms, and offered various solutions to help providers not only to succeed, but to thrive in today’s environment. 

Problems Solved: 3 Issues Plaguing Healthcare Providers & Their Solutions - #1 Insurance Claim Denials

Posted by admin on Oct 29, 2014 7:00:42 AM

 Healthcare providers are faced with ever-changing industry standards, regulations and restrictions. The presenters at this year’s New Jersey HFMA Annual Institute shed some light on three issues plaguing the industry under the current reforms, and offered various solutions to help providers not only to succeed, but to thrive in today’s environment.

In this three part blog series we will discuss three major issues identified at the annual institute and that plague providers across the country. But every challenge has a solution, and we will share those with you too! 

Reasonable or Extraordinary? : Breaking down the new hospital regulations under the Affordable Care Act

Posted by admin on Aug 14, 2014 11:08:48 AM

 

Nonprofit hospitals in particular are feeling the strain of new regulations on top of increasing patient balances and stricter collection requirements. Deductibles are up nearly 40% from the average for an individually purchased plan before the health care reform, yet the Affordable Care Act requires nonprofit hospitals to follow “reasonable billing and collection requirements,” and to cease “extraordinary” debt collection. But what is considered “reasonable” or “extraordinary”? 

What is Medical or Hospital BPO?

Posted by admin on Nov 28, 2012 2:18:58 AM

Hospitals and medical providers are continuously looking for processes to help run their back office solutions more efficiently so that they can concentrate more heavily on their primary responsibility: patient care. By working with healthcare business process outsourcing (BPO) partners skilled in providing services for organizations similar to theirs, hospitals and medical providers are able to do just that – effectively manage their healthcare accounts receivables while maintaining strong patient-doctor relationships.

Ready to start improving your healthcare organziation's revenue cycle - 100% free? 

AR Logix Blog Update Email Header_Cobranded (2)

 
Join thousands of other healthcare professionals in receiving our latest articles, training resources & special early-bird educational event invies delivered right to your inbox. Get ready to become the revenue cycle rock star we know you can be, one email at a time!

Subscribe to RMP Insights

Posts by Topic

see all

Follow Me