Christopher Fisher, CRCP-I, maxRTE Business Development Director Like many industries, healthcare has become a victim of COVID, sustaining great economic injury. We spoke to one organization that was losing a million dollars a day due to COVID. And even last Fall,...
Why do finance executives in healthcare organizations need a little TLC these days? Because according to Healthcare Financial Management Association’s survey of 150 of these folks, they’re worried about how a shift in payer mix over the next 12 months will impact key...
Marcy Marquis, CRCP-P, maxRTE Client Services Manager Denials have reached unprecedented levels for many hospitals and health systems, with commercial and public payers denying about 1 in every 7-10 claims submitted today. And yet only around one-half of denials are...
Marcy Marquis, CRCP-P maxRTE Client Services Manager Healthcare revenue cycle executives are drowning in operational issues, increasingly demanding consumer expectations, new care and reimbursement models, and declining margins. Revenue cycle directors say they need...
Top 5 Eligibility Best Practices Brad Skelton, maxRTE Regional Manager The revenue cycle begins with patient-facing tasks that have a huge impact on back-end claims management and reimbursement. One of the most critical front-end responsibilities is determining...
The Healthcare Financial Management Association (HFMA) defines the healthcare revenue cycle as “all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue.” The front-end part of the cycle manages...
