In the wake of February’s cybersecurity attack, costly disruptions in healthcare payment operations affected healthcare organizations across the U.S. Even months later, many providers are still...
Cybersecurity attacks have healthcare leaders rethinking how to protect patient data. One way is to slim down how many partners can access it — including healthcare RCM vendors. But do most hea...
Goal setting is a game changer. Every healthcare organization has RCM milestones they want to hit or metrics they’d like to improve. But how do you know if the goals of revenue cycle managemen...
https://www.waystar.com/blog-6-smart-goals-of-revenue-cycle-management-in-healthcare/
If you’re a leader in healthcare revenue cycle management, cybersecurity threats are a top concern — and they have to be when more than 132 million Americans (roughly 40% of the U.S. populati...
Healthcare organizations need to simplify patient payment collection — that’s how your patients see it anyway. Whether they’re buying a new refrigerator or moving into a new house, they kno...
https://www.waystar.com/overcome-patient-payment-complexities/
Note: This post was originally published in May 2023. It was updated in January 2024. The healthcare RCM process becomes more complex each day — and that complexity is compounded by external...
https://www.waystar.com/blog-5-most-unproductive-touches-in-the-healthcare-rcm-process/
Denial management in healthcare RCM is critical. Denials affect everything from revenue flow to efficiency to patient satisfaction. And when research shows eight of 10 healthcare finance leaders ...
https://www.waystar.com/blog-what-is-denial-management-in-healthcare/
To kick off our first annual True North conference, the Waystar Advisory Board met in September 2023 at The Grand Floridian. This network of experienced healthcare executives comes together regul...
In the healthcare revenue cycle, acronyms are common — and also critical. Whether you’re in charge of denial prevention or billing services or working appeals, you need to be able to quickly ...
If you’ve ever had to chase down referral status from a payer, you know it’s a tedious, time-consuming process. Whether you’re calling payers or checking portals, referrals wreak havoc on e...
https://www.waystar.com/blog-revenue-cycle-101-referral-status/