Creating a Patient-Friendly Revenue Cycle For Your Patients

Posted by Advent Health Partners on Jul 5, 2017 8:25:00 AM

With patients bearing increasing responsibility for their medical expenses, hospitals need to regard them as informed customers, and consider collections in terms of a business model. Since the revenue cycle involves so many points of contact with consumers, it's critical that operations are patient-centered from beginning to end.

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The Impact of Paperless Billing on the Healthcare Industry

Posted by Advent Health Partners on May 9, 2017 3:04:38 PM

It's clear that paperless billing offers a dramatic improvement to the revenue cycle management for most healthcare organizations. Leading sources, such as HFMA, point out that the increase in patient responsibility for their own healthcare costs means that there needs to be a dramatic shift in the strategy for patient collection. Accounting for a much higher percentage of the organization's yearly revenue, the traditional model for billing individual patients is no longer adequate to offer sustainability.

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