Review Choice Demonstration is scheduled to begin December 10th in Illinois. Is your agency ready?
In a recent survey of hospital CEOs, the American College of Healthcare Executives reports that CEOs ranked financial challenges as the number one issue facing hospitals. Some of the top financial challenges these CEOs identified include Medicaid reimbursement, revenue cycle management, managed care and commercial insurance payments, and reducing operating costs.
It's clear hospitals should track specific financial key performance indicators (KPIs) to monitor and evaluate financial health and profitability. But at every turn, hospitals are expected to measure and deliver indicators – from quality to financial to clinical to operational. With so many required indicators to report, it may feel overwhelming for hospital leaders to know exactly which financial KPIs they should track. Our hospital revenue cycle experts at eSolutions have created a list of the top 5 financial metrics any hospital should closely watch.
Why is automation important in a claims clearinghouse? Automation adds intelligence and agility to your claims submission process and revenue cycle. This equals less stress for your team, cleaner claims and improved reimbursement.
Providers should use Electronic Data Interchange (EDI) as more than a simple pipeline to submit claims. Many organizations don’t tap into existing sophisticated EDI functionality that streamlines processes, finds missing revenue, improves cash flow and so much more. An advanced clearinghouse with automated features takes full advantage of EDI functionality.
We get it! Skilled Nursing Facility (SNF) teams need more hours in the day. Hundreds of SNFs throughout the country entrust eSolutions’ web-based products to streamline workflow, speed up cash flow and improve financial outcomes. Learn where and how six special eSolutions skilled nursing customers have leveraged eSolutions to get back their valuable time and increase revenue.
Are you knee deep in audit responses, processing denied claims, or manually uploading to CMS? Tired of keeping up with changing healthcare regulations? We get it!
In the healthcare business, you know what you do ultimately helps other people feel better. But what about YOU? Check out our new eSolutions video to learn just how our custom analytics and workflow products help you feel less pain and more gain.
For most home health agencies, the focus has always been about providing exceptional patient care. At the end of the day, however, you’re running a business and it’s essential you’re getting paid for the services you provide. All too often, vendors and employees are paid first before providers can even make the effort to collect from Medicare and other insurers. At eSolutions, we understand that speeding up your reimbursement rates can have valuable benefits for your business and strengthen the quality of care you provide patients. Here are some of the top reasons you should place a high priority on improving cash flow.
Are you wondering if your billing process can be more profitable, or if certain slowdowns are unique to your facility rather than a system-wide issue? Thankfully, a benchmark report offers the inside scoop on what’s working and what’s broken so you can take steps to transform your workflow into a powerful claims processing machine.
We have a new eBook available in our Resource Center. There’s treasure in your Medicare data, and eSolutions tells you how to discover and maximize it to transform your revenue cycle. Explore tracking seven recommended Medicare data metrics to drive better workflow, improve reimbursement and increase profitability.
Let’s face it - billing errors happen. Even the most careful people make mistakes, and medical billing is complex business. Still, denied claims and lost revenue due to billing errors can cost your organization revenue and may even upset your patients. Here are some of the most common medical billing mistakes and how to fix them: