Healthcare

Revenue Cycle

Revenue Cycle Automation & Efficiency

This is the last component in my #returntorevenue series, highlighting the steps necessary to expeditiously trend up your financial health in light of COVID-19. This final step is arguably the most important. You can take all the right strategic and operational steps in the world but if your technology, your EHR, your core revenue processing mechanisms and staff aren’t aligned, you’ll inevitably see and experience subpar results. The simple fact is, there are things you should have done yesterday, things you should be doing right now, and things you’ll need to continue to do, monitor, and improve in the future.

Plan Now for New Electronic ADT Notification Requirements

New Requirements

The Centers for Medicare and Medicaid Services (CMS) final Interoperability and Patient Access Rule creates a new Condition of Participation (CoP) that requires hospitals, psychiatric hospitals, and Critical Access Hospitals to share electronic Admission, Discharge, Transfer (ADT) event notifications with other providers and systems so that providers including post-acutes have at their disposal the most up-to-date and accurate information about their patients as it relates to admissions and ED visits. The compliance requirement goes into effect May 1, 2021 and CMS will begin enforcement of the requirements on July 1, 2021.

Three Key Considerations for 2021 Healthcare IT Planning

All over the country, healthcare providers are planning their 2021 priorities. New tech, value-based care, and global events are driving healthcare to broaden its view of access, quality, and affordability. The IT organization must respond to remain relevant and enable care delivery. Here are three key considerations for your organization’s 2021 IT planning and budgeting.

Healthcare Triangle’s Keys to a Successful Application Support Services Transition

Healthcare provider organizations are reassessing how their Electronic Health Record (EHR) is supporting patients, providers, and their strategic goals. In a time of upheaval and innovation for healthcare, organizations cannot accept the status quo from their systems and are turning to partners like Healthcare Triangle to help them manage support for their EHR and other clinical and revenue cycle applications.

Epic Community Connect

EPIC Community Connect the HCTI Difference

Epic is the undisputed EHR software leader, both in terms of market share and staff satisfaction scores. However, one area has recently come under scrutiny, and not without merit. KLAS reviewed the Epic Community Connect experience for the first time this year, and as a domain we are heavily engaged with and know particularly well, we thought we’d share some additional perspectives.

Advancing Healthcare with the Healthcare Interoperability Readiness Program

The 21st Century Cures Act, a United States law enacted at the end of 2016, mandates patient data interoperability for payers, providers, and healthcare organizations. As we approach rolling implementation deadlines, healthcare organizations are wrestling with how to liberate data from siloed systems – not only to give patients more granular control of their data, but also to improve outcomes by giving doctors a more complete view into their patients’ conditions.

2021 Revenue Cycle – What to Expect?

As 2021 is now underway, here’s what you can expect from healthcare-centric revenue cycle projects. Budgets and spending may continue to get trimmed throughout the year to offset the financial difficulties and lower margins COVID has brought, but IT and RCM technology projects will be mostly untouched, and may even get bumped-up in priority.

Focus on Interoperability – Your Critical Priority in 2021

As we move into 2021, the industry will be faced with yet another seemingly insurmountable challenge – interoperability. For nearly a decade, the industry has been slowly making systemic changes trying to reach a dream of healthcare interoperability. But perhaps for the first time, the combination of COVID, the realities of the 21st Century Cures Act, and the changing socio-political landscape will begin to break down barriers and place interoperability at the forefront and demand rapid innovation this year.

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