A robust revenue cycle plays a critical role in the financial health of every hospital. Yet, many rural and community hospitals lack the necessary tools, staff, and other resources to...
Healthcare executives are under pressure from shrinking margins, inefficiencies, and workforce challenges. In this environment, revenue cycle management is shifting from a back-office expense to a strategic driver of...
At rural hospitals, the numbers on a balance sheet ripple far beyond the finance office. Unfortunately, declining reimbursements and rising costs have pushed many facilities into negative margins, forcing difficult...
Derek Murzyn, CEO, for Carolinas ContinueCARE Hospital in Pineville, North Carolina, emphasizes the importance of CHC’s support with managed care contracts to increase payer reimbursement.
It’s no surprise that revenue integrity is a top priority for financially challenged rural and community hospitals. But what is revenue integrity? Watch this video to learn how hospitals are properly reimbursed for their services while remaining compliant with applicable laws and regulations.
This one-minute video covers steps you can take to start seeing revenue cycle improvements today.
There are three key areas for revenue cycle improvement:
As most hospital leaders know, the new CMS Price Transparency Final Rule requiring hospitals to disclose the rates they negotiate with insurers has been challenged in court. Four hospital associations...
When the board of trustees at Hillcrest Health System began analyzing its strategic direction, they engaged Community Hospital Corporation (CHC) because of the firm’s direct and ongoing...
When it comes to receiving payment for services rendered, hospitals are squeezed from two directions. First, declining reimbursement rates mean hospitals collect only a fraction of what...
