I have often heard, “If my organization does not have a Contract Management and Payment review process. How much Revenue do you think I might be losing?”
The bottom line is this, some estimates are 10-12% but as a general rule of thumb it is 3-6%, which in your organization may equate to Millions of Dollars. [...]

Over the past few months, I have had numerous conversations with Hospital CEO’s. Each of these conversations seem to center around their respective hospital’s financial operations and the fact that their net profits have deteriorated over the last one or two years to the point that they are now showing losses. These CEO’s [...]

All hospital Finance and Patient Accounting Management staff must read “Transforming revenue cycle processes in an indigent care setting” published in the September isssue of HFM magazine. This article in my opinion hits the nail squarely on the head. This article is not just for Hospital indigent care settings but all hospitals, Governmental, Not for [...]