Read more about the article The Age of Revenue Cycle Management Outsourcing Has Arrived

The Age of Revenue Cycle Management Outsourcing Has Arrived

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The RevCycle Intelligence e-newsletter reported recently that 80 percent of hospitals are vetting full revenue cycle management (RCM) outsourcing. The demand to outsource full RCM is up 86 percent from 2015 among hospitals and inpatient organizations. Approximately 80 percent of hospital leaders in a new Black Book survey of 709 C-suite executives, board members, and senior managers at hospitals and other inpatient organizations said they were vetting or considering outsourcing full RCM by 2019.

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Read more about the article Revenue Cycle Management Is More Than Just Managing Your Cash Flow

Revenue Cycle Management Is More Than Just Managing Your Cash Flow

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Many healthcare providers are under the impression they can assess their financial health by evaluating cash flow only. However, cash flow is just one factor in revenue cycle management (RCM). To maintain a healthy revenue stream, healthcare providers need to understand the other important metrics that should be calculated and reviewed when evaluating their revenue cycle.

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Read more about the article Rising Costs in Healthcare Lead to Increased Demand for Outsourced Solutions

Rising Costs in Healthcare Lead to Increased Demand for Outsourced Solutions

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Healthcare IT News reported recently that nearly three-quarters (73 percent) of health systems with more than 300 beds — and 81 percent of providers with fewer than 300 beds — are shifting their focus to IT outsourcing for development and complex infrastructure services. Their data was based on Black Book Research that surveyed 1,030 hospital CIOs and IT leaders and 243 CFOs and financial executives from 266 hospitals and the business managers from 1,400 outpatient, alternative care and physician practices for their insights on technology and outsourcing services options.

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Read more about the article Walmart Reportedly in Early-stage Talks to Buy Humana

Walmart Reportedly in Early-stage Talks to Buy Humana

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Here we go again! In my last blog I mentioned how companies like Amazon, Google, Apple, Uber, etc. will be driving innovations in healthcare delivery and costs over the next 10 years. Today, the Wall Street Journal (WSJ) reported that retail giant Walmart is in preliminary talks with health insurer Humana about developing a closer partnership, with one possibility being that Walmart might acquire Humana.

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