News and Trends in Health Care Receivables Management

New HIPAA Rules to Impact Health Care Transactions

By Stanley Nachimson, principal of Nachimson Advisors, LLC

Two new regulations under the Health Insurance Portability and Accountability Act (HIPAA) were published by the Department of Health and Human Services (HHS). These regulations require significant changes in the HIPAA standard transactions and code sets, meaning that all electronic transactions will have changes in their format and data. More importantly, these changes will require changes in the way health plans, heath care providers, billing services, clearinghouses, and other support vendors collect, send, and process information on these transactions.

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New Webinar: Changing the Way Patients Think to Increase Collections

KeyBridge's recent webinar on Maximizing Patient Collections was attended by hundreds of healthcare professionals throughout Ohio, Michigan, and Indiana. With the success of this webinar providing great information and tools to hospital CFO's, Patient Financial Directors, and Billing Office Managers we will offer another webinar on August 13th at 10:30EST titled "Changing the Way Patients Think to Increase Collections."

Space is limited and we anticipate a large response so please Register Today!

You can also download our Maximizing Patient Collections webinar from our Thought Leadership page.

Michigan MGMA to Sponsor Upcoming Webinar

Thank you to the Michigan MGMA for their sponsorship of the upcoming Webinar: "Changing the Way Patients Think to Increase Collections".

Huron Valley Physicians Association names KeyBridge Preferred Partner

KeyBridge Medical Revenue Management is now a Preferred Partner of Huron Valley Physicians Association (HVPA) in Michigan.

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iPortal Demo

Brandon Lee, Vice President of Information Technology at KeyBridge Medical Revenue Management, has been instrumental in directing KeyBridge's technological success. He has been a strategic part of several software programs KeyBridge uses on a daily basis to increase efficency. KeyBridge clients have access to their accounts and can monitor our performance 24/7 using our internet based iPortal system, which Brandon and his team created. A new demo of the iPortal has been added to the KeyBridge website.

View Demo

Comparison Survey

Would you like to know how your hospital, practice, or billing company compares to your peers? Take this quick, 10-quesiton survey and view the results when you're finished!

Take Survey!

Increase your profit margin from self-pay accounts

CAP (Cash Acceleration Program) is KeyBridge's answer to quickly and effectively generating more cash from self-pay accounts that goes directly to your bottom line. Most healthcare providers report that their self-pay accounts represent roughly the same percent of the total revenue as their profit margin. KeyBridge employs best practices with CAP to increase your profit margin from self-pay accounts - without increasing your efforts.

Learn more about our Cash Acceleration Program. Download the details.

Wyandot Memorial Hospital improves workflow

"I have never dealt with an agency that has been so patient with me until we started using KeyBridge. They are always looking for ways to improve our workflow that is advantageous to our staff. Our collections and recovery percentage have improved, customer service follow-ups have improved and their technical support is the top of the line. If you want an agency with strong collection efforts along with great customer service and superior technical support, I suggest you contact KeyBridge."

Jeff Coakley, Director of Patient Accounts
Wyandot Memorial Hospital. 

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