The CAQH Index is a detailed report that addresses how reducing the burdens of administrative costs could reduce healthcare spending. The 49-page report is incredibly insightful and full of information, but in order to make it more digestible, we’ve pulled some statistics we found most valuable. All of the data in this post is directly from the CAQH report and the full report is available on [...]
Administrative overhead is a real burden for many providers. Technology and automation have been mandated by the Centers for Medicare and Medicaid in certain parts of healthcare processes, but overall, the healthcare industry is way behind in utilizing technology and automation for increased efficiencies and profit. This blog will explore the latest findings from the Council for Affordable [...]
The initial issues of this blog will lay a foundation of understanding that will allow us to do a deeper dive into the healthcare-related issues of today and future issues and trends, in order to better position you and your organization to become Winners in the World of Healthcare.
It’s the most wonderful time of the year! Or is it? The holidays are supposed to be about coming together, spending time with loved ones, spreading joy and cheer and just being thankful and happy. But, for many of us, the holidays mean increased stress levels, holiday blues, or depression as the pressures of the season are just too overwhelming.
With so much of healthcare reimbursement administered by contracts, expected net patient service revenue is often a function of the payment terms and conditions found in payer-provider contracts. In order to identify underpayments, wrongful denials and shortfalls, labs need an effective, automated contract management solution as part of their A/R processes.