Publications

	Hospitals and health systems should take the following steps to improve their revenue cycle performance: Collect patient responsibility amounts up front Reduce credit balance accounts Reduce preregistered patient no-shows Identify and manage unbilled accounts receivable PDF: 190KB			Capturing Lost Revenues, Best Practices for Minimizing Managed Care Denials Revenue Cycle Solutions Consultants are industry recognized experts who are frequently called upon for input to industry guides and manuals. PDF: 1.5MB

	Revenue Cycle Management, Health Leaders - April 2007 Providers have an opportunity to increase revenues by up to 5 percent through improved RCM practices. Even more good news: Achieving positive revenue gains with an effective RCM strategy is well within providers' reach. PDF: 1MB			The economy-busting revenue cycle Financial hardship has touched the healthcare industry, along with the rest of the U.S. economy. According to a report from the Health Financial Management Association (HFMA), more than half of hospitals surveyed reported negative total margins between June and December 2008. PDF: 3.3MB

	Revenue Cycle H-Pass Accoutrement Recent discussions and surveying of CEOs regarding Hospital Council's strategic plan have consistently ranked "assisting members with the impact of reform" as the top priority. This is obviously a rather large undertaking as the legislation is far reaching in its requirements of providers. PDF: 24KB			Revenue Cycle Reprint (Western pa hospital news) Watauga Medical Center in Boone, North Carolina was facing an uphill battle in late 2007. With annual operating losses approaching $3.5 million, the community hospital had only 50 days of cash on hand and accounts receivable were languishing at 77 days. PDF: 80KB

	Fall Scroll - Pat teta In an attempt to compensate for sagging Inpatient revenue, hospitals nationwide are increasing their marketing efforts for imaging and other outpatient services. Before sending your physician liaison out knocking on doors, be sure the proper infrastructure is in place for revenue cycle departments to deal with any sudden increase in volumes. If you have a centralized scheduling call center, that's the best place to start. PDF: 572KB			Spotlight on Financial Health: Revenue Cycle Solutions, LLC Revenue is the life blood of every facility. It's time to check your hospital's financial health. Revenue Cycle Solutions, LLC is offering a special rate to NRHA members for a short time only. PDF: 40KB

	CASE STUDY - PATIENT ACCESS REVIEW Lack of adequate time and resources has led to an ongoing struggle for hospitals to establish and maintain adequate patient access procedures stemming from constant government.third-party insurance changes, staff turnover, training, and system limitations. PDF: 526KB			CASE STUDY – REVENUE CYCLE AT RURAL HOSPITALS What do Philipsburg, Braxton, Kane and Corry hospitals all have in common? Size is the first thing that comes to mind, because each hospital has less than 50 beds. Location can't be the answer, because Braxton is in West Virginia and the others are in Pennsylvania. PDF: 1548KB

	The Source Newsletter April 2005 West Virginia Health Systems Braxton County Memorial Hospital had the same concerns and challenges as other mid-sized hospitals in West Virginia - how to keep up with the best practices in patient accounting and improve its cash flow." Revenue Cycle Solutions provides virtual manager services. PDF: 139KB			Three Rivers Reflections - Fall/Winter 2004 The average hospital currently participates in 38 managed care contracts. These contracts can significantly impact the cash flow and bottom line of a hospital, yet very few Patient Account Managers or CFO's review them, completely understand them or monitor their performances. PDF: 994KB

	Three Rivers Reflections Hospitals must carefully evaluate internal and outsourcing options for working denials, and assess the associated cost vs. outcome for each option. PDF: 495KB