Four Reasons 2020 is the Best Year to Outsource RCM Functions
/ Posted in GeBBS Healthcare Solutions, Inc.We can all admit that 2020 has been an unprecedented year thus far – bringing a whirlwind of chaos and changes to healthcare and virtually every other industry around the world. The good news is, change can often bring about unforeseen opportunities and other transitions that weren’t necessarily planned. While many hospitals and health systems …
Containing Costs with Better Accounts Receivables Management
/ Posted in GeBBS Healthcare Solutions, Inc.As hospitals battle years of declining reimbursement compounded by recent months of debilitating losses as a result of COVID-19, many are not only struggling, but some are in jeopardy of closing their doors. Add to that a shaky future of unknowns as we continue to face uncertainties around what Fall 2020 and Winter 2021 will …
6 Critical Considerations When Choosing an Outsourcing Partner
/ Posted in GeBBS Healthcare Solutions, Inc.The choice to outsource is never an easy decision. Particularly when it comes to outsourcing elements of the revenue cycle – whether it’s coding, auditing, clinical documentation improvement (CDI), or various accounts receivable functions, careful consideration and evaluation of all outsourcing options is critical to a successful partnership. The work a potential outsourcing company will …
Can A Balanced Health Information Management Team Save Struggling Hospitals?
/ Posted in GeBBS Healthcare Solutions, Inc.Cost containment and expense reduction have been top priorities amongst hospital executives for years, but never have they been more important than in the pandemic era we are living in today. Hospitals have seen plummeting revenue for nearly three months now – a financial catastrophe from which some may never recover. Even for those health …
Telehealth’s Critical Role in the Shift Toward Value-Based Care
/ Posted in GeBBS Healthcare Solutions, Inc.Telehealth has exploded in recent months – and most experts believe that it’s here to stay in a post-pandemic world – although to what extent will depend on how payers agree to pay once things return to normal. The shift to value-based care is another reality most healthcare professionals know is coming quickly. Where these …
Three Tips for Reducing the Impact of Denials
/ Posted in GeBBS Healthcare Solutions, Inc.Healthcare executives understand the significant impact claim denials have on the revenue cycle and correlating bottom line. Tackling this multi-faceted issue is complex and requires significant focus, teamwork, and in many cases – a fair amount of research into your specific organization’s data around denials. Because it’s an issue that costs millions per year – …
A User’s Guide to Billing & Coding for Telehealth During COVID-19
/ Posted in GeBBS Healthcare Solutions, Inc.Billing and coding has never been a simple process, but adding COVID-19 and rapidly changing CMS guidelines related to telehealth and you have the recipe for confusion – particularly for many busy practices and providers who are managing newly implemented telehealth technology, and the staffing and safety concerns that come with balancing daily operations and …
The (Virtual) Doctor is In – For Good?
/ Posted in GeBBS Healthcare Solutions, Inc.Five Reasons Telehealth Will Remain in a Post-Pandemic World For years, experts have been wondering what it would take to speed up the adoption of telehealth. While no one could have guessed it would take a global pandemic to get payers, providers, and patients on board at the same time – that’s exactly what happened, …
COVID-19 Recovery Phase 1, Resuming Elective Procedures: How Hospitals Are Preparing for a ‘New Normal’
/ Posted in GeBBS Healthcare Solutions, Inc.Everywhere you turn, you see the phrase ‘a new normal’, but what does it really mean for busy healthcare organizations on the front lines of responding to COVID-19? The answer is – no one really knows, but it’s time to start planning for it. In all likelihood, the new normal will be different for just …
Still Struggling With “Work From Home” Productivity?
/ Posted in GeBBS Healthcare Solutions, Inc.Try These Six Strategies: Under normal circumstances, working from home is not for everyone. Doing so requires a delicate balance of self-discipline, flexibility, and some creativity. For many work-from-home professionals, it can take weeks or months of adjusting to get in the groove and attain optimal productivity and performance. When COVID-19 hit the United States …