Nearly 50 million Americans live in rural areas and depend on their community hospitals for care. These rural hospitals across the nation face intense financial pressures. The leaders of these organizations know how vital it is to establish strong revenue cycle practices, but they often lack the expert resources and up-front capital needed to do so.
One Healthcare System Didn’t Wait To Find Out And Instead Achieved A 30% Upside.
Part 3 of 3 in a series about how hospital leaders can prepare for the impact of Kentucky Medicaid Waiver 1115 (4 minute read).
Part 2 of 3 in a series about how hospital leaders can prepare for the impact of Kentucky Medicaid Waiver 1115 (4 minute read).
Part 1 of 3 in a series about how hospital leaders can prepare for the impact of Kentucky Medicaid Waiver 1115 (4 minute read).
A few months back, we sat down with the rev cycle team from a health system near and dear to our hearts. They were searching for answers to an all-too-familiar scene. Denials had become a drag; a drag on the financial integrity of the organization.
It’s getting tough in there... in your revenue cycle that is. More volume. More complexity. More things that can and do go wrong. And while many hospitals are justifiably experiencing tech fatigue more technology is needed to get out in front of this growing complexity in hospital revenue cycle. So... Why bots?
If you’re a hospital leader, then you know all too well that denial management is hard. Complexity in the industry persists resulting in the very frustrating and growing trend of denials.
Access to care for rural Americans continues to wain and people die because of it. Is there hope to end the trend and breath life back into that part of our system of healthcare?
3 Critical Steps in Preparing for Work-down of Legacy AR
As if the transition in EMR technology wasn’t difficult enough for hospital revenue cycle teams, working down legacy AR is also a critical priority within that work.
With all the focus and energy invested in new technology today, I believe one critical priority is too often forgotten in the broader healthcare eligibility market... empathy.
This year at HFMA Dixie, MedAssist will be hosting a truly Nashville experience at the Johnny Cash Museum with live performance by Tommy Cash, acclaimed musician and brother of Johnny Cash.
MedAssist rounded out October with one more charitable giving project with Kosair Children’s Hospital (KCH) in Louisville, KY. In addition to the Rainforest Week donation we delivered earlier this month, we pulled a little something extra out of our hat for Halloween. KCH brings the Halloween spirit into the hospital through an on-site trick-or-treat event. Each year MedAssist raises donations to purchase treats for the children being treated at KCH. This year our employees’ generous donations enabled us to purchase more than $2,000 of goodies and candy! Jessica Bratcher, Mary Lococo, and Tanieka Thompson personally delivered our donation to KCH during Halloween week. As always, we are more than excited to make Halloween special for the patients at KCF.
About Kosair Children’s Hospital
Kosair Children’s Hospital is Kentucky’s only full-service, free-standing pediatric care facility dedicated exclusively to caring for children and is an advocate for the health and well-being of all children. The 263-bed hospital serves as the primary pediatric teaching facility for the University of Louisville School of Medicine.
Kosair Children’s Hospital received the prestigious Magnet designation recognizing excellence in nursing from the American Nurses Credentialing Center in 2007 and again in 2013. Kosair Children’s Hospital was ranked among the top children’s hospitals nationwide in eight of 10 specialties in U.S. News Media Group’s Best Children’s Hospitals 2012-13 rankings.