Category: Revenue Cycle Management

Ambulatory Surgery Centers

6 Strategies To Re-Invent The ASC Revenue Cycle

Ambulatory surgery centers have long faced challenges in collecting reimbursement, and that became increasingly difficult as patients shouldered more financial responsibility for their care. However, those challenges have intensified during the COVID-19 pandemic and have resulted in an increased need for centers to accelerate revenue collection due to temporary income loss from suspended procedures. During […]
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Value based reimbursement

Coronavirus May Reshape Investment, Value-Based Reimbursement

The coronavirus pandemic will reshape where and how organizations invest moving forward, according to industry leaders at the Value-Based Care Summit | Telehealth20: Virtual Series. The coronavirus created an unprecedented rise in telehealth across the industry. Projects that would take years to implement were switched on in a matter of days in order to fit the growing […]
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Opportunity for Health Systems

4 Financial Opportunities for Health Systems Amid COVID-19

  Though healthcare organizations have endured a global health crisis that has severely taxed their bottom lines, there are areas for growth coming out of the pandemic. The outbreak of coronavirus disease 2019 (COVID-19) caused one of the most financially crippling situations for healthcare in decades. Besides the clinical implications, hospitals and health systems that […]
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Telehealth After COVID-19

Telehealth After COVID-19: What’s Next for the Healthcare Industry?

Like the rest of the economy, healthcare has been upended by the coronavirus. Not just emergency rooms, but primary care physicians, specialists, and long-term care facilities, too. Struggling to continue providing care in a time of social distancing, many have turned to telehealth in record numbers. Even providers who may have previously viewed telehealth skeptically – perhaps […]
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Revenue Cycle Strategy

3 Boots-On-The-Ground Revenue Cycle Strategies for a Second COVID-19 Surge

Northwell Health executives share practical, in-depth strategies to help revenue cycle leaders prepare for additional COVID-19 surges and other emergencies. Health system leaders around the country can look to systems like Northwell Health in New York for guidance about how to best prepare their own revenue cycles for a possible second wave of COVID-19 cases as states ease restrictions […]
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US Health System

COVID-19 Puts Unprecedented Strain on US Health System

Federal officials pleaded with the American public Monday to heed directives to socially distance themselves in an attempt to slow the spread of the novel coronavirus as hospitals warned of low supplies and canceled elective procedures to free up resources. “In some of those hospitals that are no longer performing elective procedures, we are converting […]
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