claim denials
December 15, 2017

Increased Claim Denials Cost Hospitals $3.5 Million

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Hospitals and healthcare systems have done a lot to fortify their revenue cycle components. However, despite all the efforts in the right direction, the increasing claims denial rate looms over healthcare financial wellbeing like a foreboding. The recent survey conducted by Advisory Board from healthcare executives from 90 companies and data collection from 300 organizations revealed alarming trends. It not only revealed some disturbing patterns for healthcare industry, but also revealed that

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ICD-11
November 29, 2017

All You Need to Know About ICD-11

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Just when you thought that you have overcame the jitters of ICD-9 to ICD-10 transition and successful implemented the coding system, a new threat has emerged in the form of ICD-11. Yes, after being in the works for over a decade, World Health Organization’s new code set is finally set to be presented in 2018 and will be tentatively deployed by 2023 or later. The upcoming revision has been built on ICD-10 and has integrated

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healthcare data analytics
November 14, 2017

Why You Need a Healthcare Data Analytics Plan and How to Get Started?

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Improving patient health and ensuring hospitals get reimbursements on time currently relies on data more than anything else. Creating a healthcare data analytics plan is important in this scenario as physicians and hospitals are struggling to deal with the collection and analysis of data, which needs to be submitted as part of Medicare Access and CHIP Reauthorization Act (MACRA) this year. To find out more about the parts of such a plan and how to start creating one within a hospital or healthca

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