Recent Trends and Roles of Emerging Technologies in Revenue Cycle Operations

Posted on January 31, 2023 by Sheldon A. Pink, VP of Revenue Cycle, Luminis Health

Technology will continue to drive the revenue cycle industry due to the continuous newly identified needs of our patients, organizational financial pressures, and state and federal regulation. The healthcare revenue cycle technology space has significantly evolved over the past five years. Before the pandemic, there were many companies striving for automation, integration, reporting, and workflow efficiency to support revenue cycle…

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Recent Trends and Roles of Emerging Technologies in Revenue Cycle Operations

Posted on January 31, 2023 by Sheldon A. Pink, VP of Revenue Cycle, Luminis Health

Technology will continue to drive the revenue cycle industry due to the continuous newly identified needs of our patients, organizational financial pressures, and state and federal regulation.

The healthcare revenue cycle technology space has significantly evolved over the past five years. Before the pandemic, there…

Read More

How Data-Analysis Can Improve Your Medical Revenue Recovery

Posted on January 16, 2023 by Kylene Ordway

Information is powerful. Without a doubt, many of today’s medical centers, private practices, and large hospital systems struggle to ensure accuracy and an understanding of their patients’ financial needs. Yet, as a provider, the better you manage your debt, the more effective you…

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How to Succeed in Self-pay Collections

Posted on December 15, 2022 by Kylene Ordway

Patients are increasingly more responsible for paying their medical bills outright. High deductible health plans, for example, have made it more common for patients to be responsible for a much larger portion of their medical bills, and some people have no insurance. This means there…

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The 3 Most Time-Consuming Tasks in Medical Billing: Why You Need to Outsource

Posted on October 31, 2022 by Kylene Ordway

As your healthcare practice or business grows, there is a need for added support to manage your medical billing. Yet, even in a small practice, it is now more difficult than ever to ensure you have enough people putting the right amount…

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Is BPO the Solution for Back-Office Shortages?

Posted on September 22, 2022 by Kylene Ordway

Unfortunately, the healthcare industry faces a massive labor shortage, extending beyond clinicians and nurses to the back office. The back office is the part of a medical practice that patients rarely see. The “business” side of the practice deals with medical coding, debt…

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Templates to use in Debt Collection

Posted on August 30, 2022 by Kylene Ordway

According to the United States Census Bureau data, 19% of American households had medical bills they couldn't pay for right away. The median debt is $2000 — however, only 39% of Americans have…

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How to Improve Point of Service Collections Through Better Patient Engagement

Posted on July 19, 2022 by Kylene Ordway

Patient financial responsibility for healthcare costs has grown rapidly over the past few years, rising from 5% to 35% in two decades. Today, patients are now the third-largest payer behind Medicare and Medicaid.

This increase in…

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The best ways to improve patient satisfaction around debt collection

Posted on June 27, 2022 by Kylene Ordway

Patients are now responsible for a larger-than-ever proportion of healthcare bills than ever before. Patients now have larger deductibles and have to pay closer attention to their costs. With this new swing toward the patient-as-payer, healthcare providers need to do more to keep…

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KeyBridge Medical Revenue Care Expands to East and Southeast U.S. to Provide More Comprehensive Service

Posted on June 13, 2022 by Kylene Ordway

Contact:
Kylene Coate
Marketing Coordinator
[email protected]

For Immediate Release

KeyBridge Medical Revenue Care has announced it is expanding its operations into Maryland, down the East Coast, and into the Southeast part of the United States in an effort to provide more of…

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Guide to Revenue Cycle Automation

Posted on May 17, 2022 by Kylene Ordway

While many patients are surprised by the sticker price of healthcare, they should also be shocked by the administrative costs created in a healthcare revenue cycle. The Journal of the American Medical Association (JAMA) published a study that…

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