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Things to Consider When Searching for Your Rural Health System’s Next Financial Leader

Are you in need of a CFO or other financial director for your rural health system? Senior executives may not move on every day. But when they do leave, they're not easy to replace. Whether it's from within your organization or on the employment market, the best candidates rarely knock on your office door. They [...]

By |2021-04-05T17:21:02-05:00April 5th, 2021|Blog|0 Comments

How Healthcare Organizations Can Capture All Revenue

Hospital billing departments coordinate health plan benefits every day. Typically, coordination of benefits (COB) is aided by patient registration workflows that gather basic demographic and health insurance information. But what if a patient gets hurt on the job or in an automobile accident? How well does your organization collect the information needed to coordinate liability [...]

By |2021-04-05T17:18:07-05:00April 5th, 2021|Blog|0 Comments

Time to Check Your Consents

Time to Check Your Consents The collection industry is undergoing many changes in communications with consumers. The Consumer Financial Protection Bureau has provided new rules in how contact can be made. The new rules apply to letters, texting, emails, voicemails, and phone calls. As a provider you want to make sure your collection agencies have [...]

By |2021-04-05T17:01:34-05:00April 5th, 2021|Blog|0 Comments

Solving the Unique Complex Claims Challenge to Optimize ROI

By: Greg Snow, Senior Vice President of Market Strategy, EnableComp   The percentage of hospitals outsourcing complex claims has doubled over the past several years. The number of complex claims outsourced to specialized, third-party companies has increased from 20.4% to 39.8% and continues to grow. [1] Nationwide, reduced operating margins require healthcare management to capture [...]

By |2021-04-05T17:09:09-05:00February 11th, 2021|Blog|0 Comments

Big News Regarding the Big Three: New HHS Revisions to the Stark Law

Let's hear it for clarity! Thanks to the Department of Health and Human Services' (HHS) revision of the Physician Referral Law (aka the Stark law) in November 2020, we now have more explicit guidance for the key definitions. And for physician compensation experts, it’s about time… Over the past twenty years, healthcare systems have been [...]

By |2021-04-05T17:09:44-05:00February 11th, 2021|Blog|0 Comments

2021 What’s Ahead for the Mississippi Health Care Landscape?

By David Williams, CPA, MPH, FHMA Partner – Carr Riggs & Ingram, LLC   Wow!  How do you even begin to describe the tumultuous 2020?  A year that was filled with politics, a Public Health Emergency,  a pandemic, a soft close of the economy, politics, over 330k+ lives lost attributed to a deadly virus, more [...]

By |2021-01-15T15:51:11-06:00January 15th, 2021|Blog|0 Comments

Hospitals Beware: Ransomware Attacks Are on the Rise

  On October 28, the FBI and U.S. Department of Homeland Security assembled a conference call with healthcare industry executives warning about an “imminent cybercrime threat to U.S. hospitals and healthcare providers.” An aggressive Russian cybercriminal gang known for deploying ransomware was preparing to disrupt information technology systems at hundreds of hospitals, clinics, and medical [...]

By |2020-12-09T10:18:11-06:00December 9th, 2020|Blog|0 Comments

3 Ways to Reduce Hospital Revenue Cycle Management Costs

Reducing health care revenue cycle management costs involves outsourcing areas which administrative departments may be ill-equipped to handle. Decreasing overhead enables health care providers to dedicate limited financial resources to where they are most useful: procuring new equipment, hiring personnel, training existing staff and other investments. Allaying financial scarcity entails identifying the largest costs and [...]

By |2020-12-09T10:11:52-06:00December 9th, 2020|Blog|0 Comments

10 Simple Tips On Collecting Money During A Crisis

During a crisis, extra care may be needed to collect critical cash.  Thankfully, there are a few simple things that we can review to insure the best possible outcomes in a difficult situation.   Establish that you are talking to the correct person responsible for the debt. Set the tone for the conversation by smiling [...]

By |2020-10-13T15:23:10-05:00October 7th, 2020|Blog|0 Comments

How To Improve Your Current Revenue Cycle Management Processes With Enhanced Data Capture

Ensuring this timeline is streamlined and runs smoothly means a strong revenue cycle management (RCM) process. June 2, 2020     Hospital staff workers and healthcare providers are expected to capture information, manage and collect payments for services from patients from the moment they schedule an initial appointment for treatment up until they make the final payment [...]

By |2020-12-09T10:00:39-06:00October 7th, 2020|Blog|0 Comments