Rural Hospitals Continue to Face Healthcare Revenue Cycle Management Challenges

Healthcare Revenue Cycle Management Issues Persist at Rural Hospitals

 

Rural hospitals are currently facing a unique set of healthcare revenue cycle management challenges that may force them out of business if not addressed properly. Should this happen, the country’s rural population can possibly be left without any available healthcare options in their area. After all, rural hospitals are sparsely located throughout the land.

From 2010 to August 2017, a disturbing trend continues to haunt the healthcare industry. According to recent data from the University of North Carolina’s G. Sheps Center for Health Services Research, as many as 80 rural hospital closed during the said period. Read more from this blog: http://bit.ly/2xR3ieq

 

 

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The Importance of Intimate Staff Meetings in Hospital Revenue Cycle Management

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A hospital’s finance department consists of staff with various responsibilities. This means that each accounts receivable employee has different experiences and challenges in doing their work. Understanding this allows managers to focus on each individual to address issues in a way tailored to their needs to improve hospital revenue cycle management.

According to Susan Eilman, a senior healthcare consultant at Hayes Management Consulting, one-on-one meetings can be a powerful tool to increase individual productivity, creating a more efficient department. Such meetings enable hospitals to utilize listening as a tool to point out issues that may not be discovered through a larger-scale discussion. Read more from this blog: http://bit.ly/2yaAIW7

Changes in the Eligibility for Medicaid May Be Underway

There Are Changes That May Be Coming Soon to Eligibility for Medicaid

 

As more Americans are expressing a newfound public appreciation and public awareness for Medicaid, it seems like certain changes to the program, including eligibility for Medicaid are on the horizon. According to Medicaid’s executive director of the National Association of Medicaid Directors Matt Salo, this is critical for the program’s future. He also acknowledged that it’s now up to the states to bolster Medicaid in such a way that it becomes holistic, value-driven and most of all, better coordinated for the program’s most needy beneficiaries.

Recent Attempt to Cut Medicaid Budget Failed

Recently, GOP congressional proposals have been aimed at one thing: to place a ceiling on the federal spending for Medicaid. This is intended to be part of the group’s effort to overthrow the Affordable Care Act, a goal they have failed to meet yet again just recently. If they had succeeded, Medicaid would have lost as much as $834 billion in funding. Read more from this blog: http://bit.ly/2xRflYW