Discussing Revenue Cycle Management Issues, Solutions | Medicus Healthcare Solutions
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Discussing Revenue Cycle Management Issues, Solutions

And four more news items for hospital leaders, practice managers, and other healthcare executives to peruse this week

  • In a recent post, Becker’s Hospital Review summarizes a panel discussion that took place at its 3rd Annual Health IT + Revenue Cycle Conference in Chicago last month. The commentary centers on revenue cycle management (RCM) challenges that hospital and health system leaders face, from employee burnout to erroneous insurance information, as patients assume more financial responsibility for their care. Some panelists cited helping providers automate and simplify repetitive, labor-intensive RCM tasks and the possibility of outsourcing RCM services to a vendor as solutions.
  • HealthcareLeaders Media shares an article excerpt that speaks to some of the challenges hospital administrators experience in establishing and sustaining performance standards for areas that range from medical records to professional conduct. Moreover, the piece highlights strategies for settling issues, reinforcing bonds, and bringing medical professionals across disciplines together in a positive manner.
  • As reported by Hospitals & Health Networks (H&HN), research conducted by ECRI Institute indicates roughly 25 percent of the 15 to 17 medical devices per patient bed in today’s hospital are networked. The journal also proposes some fundamental yet significant measures facility leaders and health system decision makers can take to best address cybersecurity risks within their organizations.
  • The largest hospital in the western United States has launched a new accredited program to train healthcare leaders of the future. The master’s degree in Health Delivery Science focuses on four core areas: data analytics, health informatics, healthcare financing, and performance measurement and improvement, as stated in a press release from Cedars-Sinai. The program has been designed to prepare graduates for a fruitful career in a number of developing healthcare fields, such as digital health science, mobile health, health technology assessment, and health economics.
  • Drawing from the findings of its most recent study on IT trends in healthcare, Peak 10 + ViaWest reveal there has been a substantial increase in healthcare organizations migrating to a HIPAA-compliant cloud, and the trend is expected to continue. In this infographic, the data center provider underscores seven attributes healthcare organizations should seek in a cloud partner, including clear data location and ownership, rich disaster recovery capabilities, and long-term viability.

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