Where Have All of the Great Communicators Gone?

  • Dec 18, 2018

As I was watching the memorial services for former President George H.W. Bush I was struck by how many people, regardless of their political affiliation, commented on the fact that he was a true gentleman and that one of the manifestations of that was his prolific writing of personal notes and letters. These characteristics were clearly appreciated and made a big impact on his friends, family,...

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Revenue Cycle Management: How to Get Started (Part 1)

  • Dec 14, 2018

You’ve done your research and you’re convinced that implementing a new revenue cycle management (RCM) system will deliver real value for your organization. Where do you go from here? Every organization is different, but undoubtedly you will need to establish executive buy-in. Here are the key steps to take to help you get your team on board: Understand and engage the decision maker(s)Typically,...

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Revenue Cycle Management: Tools to Gain Executive Buy-In (Part 2)

  • Dec 13, 2018

Now that you’ve completed your due diligence and you’re sure that implementing a new revenue cycle management (RCM) system is the right course of action, you will need to gain executive buy-in. Typically, this means communicating your conclusions and recommendations to build consensus with IT, Finance, and the executive team that runs the organization.To make this easier for you, we’ve...

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Selecting the Right Revenue Cycle Management Solution: Key Considerations (Part 3)

  • Dec 12, 2018

Once you’ve established executive buy-in that implementing a new revenue cycle management (RCM) system will deliver real value for your organization, you will undoubtedly begin researching potential solution providers. This is a crucial step to determining which company provides the solution that is best suited to your organization and your needs.Researching online is useful, but oftentimes you’...

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Raise Your Data IQ

  • Dec 11, 2018

Every day, billions of bits of discreet digital data is generated. A significant proportion of that data is healthcare related. According to a 2014 IDC report sponsored by EMC, healthcare data is growing at an annual rate of 48% and will reach 2,314 exabytes (one billion gigabytes) by 2020. A major challenge to unlocking the value of the data and harnessing the richness of disparate data sets is...

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Using Machine Learning to Improve Revenue Cycle Management (RCM) Operations and Decision-Making

  • Dec 11, 2018

Machine learning and artificial intelligence (AI) are mainstream topics in the technology space, but separating the truth from the hype can be a challenge. AI refers to any technique that enables computers to mimic human intelligence. Machine learning (ML) is a subset of AI and is the science of getting computers to act without having to be explicitly programmed. It does this by analyzing data...

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Is There Value in Cleaning up Your AR at Year End?

  • Nov 29, 2018

The aged accounts that populate a diagnostics provider’s billing systems are a lot more complicated than they appear. If the appropriate information to bill the claim can be obtained, some accounts have the potential to generate revenue. For example, some accounts would be paid if the correct address information was located. There are patients who have received retrospective coverage for care...

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Benefits of RCM and LIS Integration

  • Nov 16, 2018

With the recent releases of both XIFIN RPM 10 and XIFIN LIS 5, our Revenue Cycle Management and Laboratory Information Systems, I thought it would be helpful to highlight some of the key benefits of integrating these two technologies.While both solutions provide many tangible benefits, you will see that their combined capabilities deliver even greater return: Intelligent automationHighly...

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