Availity Blog

Availity Blog

Actionable insights for medical business professionals

Join us Friday, 3/10 at 1pm ET for our Ransomware Predictions and Prevention tweetchat featuring Matt Fisher (@Matt_R_Fisher) and Erik Azar (@eazar), where we’ll talk about how ransomware affects healthcare now, how to prevent a #ransomware attack, and what the future of #cybersecurity might hold for #healthcare.

Because patients are paying more out of pocket for their healthcare, you might be focusing on improving patient collection processes. While that’s critical, it’s also important not to lose sight of the other side of the revenue equation—the payer. Elizabeth Woodcock, MBA, FACMPE, CPC, an expert on medical practice operations and revenue cycle management, shares her thoughts on how to approach denials in your organization.

With all the uncertainty, there’s one question that keeps surfacing—will risk adjustment go away if Congress repeals the Affordable Care Act (ACA)? The answer is no and here’s why – risk-based financial models extend far beyond those included in the ACA.

As part of a partnership with the Illinois Critical Access Hospital (ICAHN), Availity is working with several hospitals across the state to streamline registration operations and improve patient collections. By implementing our Patient Access solution, several have seen significant improvements, which have helped them maintain financial viability in a changing healthcare marketplace. In a newly published case study, we look at the challenges these hospitals face and the success they’ve had to date.

In this episode of Availity Access, Jeff Chester, Availity’s Chief Revenue Officer and Senior Vice President, discusses what he sees as the big healthcare trends in 2017.

Nationwide, just over six percent of healthcare claims are submitted using paper forms. That number has remained steady over the past few years, even though research has shown conclusively that providers can save more than 50 percent on administrative costs by submitting claims electronically.

Whether you’re new to healthcare or a seasoned veteran, understanding the revenue cycle is tough—not to mention staying up-to-date with myriad legislative and policy changes that can impact your revenue cycle over time.

As 2016 comes to a close, you are probably wrapping up a few last projects and making your holiday vacation plans. Before you scoot off to grandma’s house or strap on the skis for a downhill adventure, make sure your budget is in order. And if you have dollars left to spend, spend them wisely. A “wise” purchase to consider is healthcare training courses for you and your staff. Not only will you maximize your annual budget, but it’s a good opportunity for your employees to sharpen their skills during this slower time of year.