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Financial/Revenue Cycle Management

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Racial bias puts people of color more at risk from COVID-19; admissions down 10.5%

  • Building Health Lab
  • October 23, 2020
  • Digital Health / Financial/Revenue Cycle Management / Innovation Pulse / Population Health

This week's top stories include a push for a stronger focus on population health to improve health disparities, while drops in admissions put a financial squeeze on smaller and rural…

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CMS reports 34.5M telehealth services delivered March through June

  • Building Health Lab
  • October 21, 2020
  • Digital Health / Financial/Revenue Cycle Management / Government & Policy / Patient Engagement / Telehealth

The numbers represent a 2,632% increase compared to the same time period last year.

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Healthcare C-suite bullish on AI, telehealth

  • Building Health Lab
  • October 20, 2020
  • Artificial Intelligence / Digital Health / Financial/Revenue Cycle Management / Telehealth / Workflow

Hospital and health plan leaders also see revenue cycle management as an area of innovation that's stood out during the COVID-19 pandemic, according to a report from KLAS and CCM.

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EHR-PM integration produces major results for Bay State Physical Therapy

  • Building Health Lab
  • October 19, 2020
  • Digital Health / Electronic Health Records (EHR, EMR) / Financial/Revenue Cycle Management

At the practice, appointment reminders have helped boost collections per visit by 7%; revenue cycle management cost per visit was reduced by 30%; and arrival rates have increased 2.5%.

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Allscripts files trademark lawsuit against telemed platform CarePortMD

  • Building Health Lab
  • October 19, 2020
  • Digital Health / Electronic Health Records (EHR, EMR) / Financial/Revenue Cycle Management / Population Health / Telehealth

The company says its name is too similar to its CarePort Health subsidiary, and is "highly likely to cause confusion."

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Third-party biller boosts physician revenue by 7% with RCM and mobile pay

  • Building Health Lab
  • October 16, 2020
  • Digital Health / Financial/Revenue Cycle Management / Mobile / Women In Health IT / Workflow

The financial IT used by University Physicians’ Association increased patient payments by 43%, and the payment lag for self-pay patients is down 20 days. “That’s huge,” a UPA exec says.

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Trump administration crackdown ‘couldn’t come at a worse time’ for hospitals

  • Building Health Lab
  • October 15, 2020
  • Analytics / Compliance & Legal / Digital Health / Financial/Revenue Cycle Management / Government & Policy / Workflow

Hospital associations call the threat from CMS to withhold Medicare and Medicaid participation for non-compliant data reporting "reckless."

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Google Cloud, Amwell foresee a ‘new narrative’ of virtual care

  • Building Health Lab
  • October 14, 2020
  • Digital Health / Financial/Revenue Cycle Management / Patient Engagement / Telehealth / Workforce

Rather than trying to replace in-person care, telehealth in the future will complement and enhance it, said Amwell's Roy Schoenberg, during a conversation with Google Cloud's Aashima Gupta.

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Teladoc files lawsuit against Amwell over alleged patent infringement

  • Building Health Lab
  • October 14, 2020
  • Digital Health / Financial/Revenue Cycle Management / Mergers & Acquisitions / Mobile / Telehealth / Workforce

Amwell told Healthcare It News that it believes the claims lack merit and that it intends to "defend against them vigorously."

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Teladoc Health and Livongo’s post-merger plan: one-stop healthcare

  • Building Health Lab
  • October 13, 2020
  • Digital Health / Financial/Revenue Cycle Management / Mergers & Acquisitions / Patient Engagement / Telehealth / Workforce

Jason Gorevic and Glen Tullman see the deal as a way to offer a longitudinal relationship between clinicians and patients, bringing doctors, digital tools and data science together for better…

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