Healthcare organizations are bracing for another wave of uncertainty resulting from the ripple effects of February’s cyberattack. As individual data breach notifications begin to go out, patien...
With uncompensated care on the rise, hospitals need smarter ways to screen patients for charity care. Here are four key steps to take now. The post 4 do’s and don’ts of uncompensated care: ...
In healthcare finance, effective revenue capture separates successful organizations from those that simply survive. Providers are losing money they’re rightfully owed because of coding errors, ...
https://www.waystar.com/blog-need-to-improve-revenue-capture-start-with-charge-capture-drg-accuracy/
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/blog-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/