By: Julius Blum Vice President, Solutions Streamline Health Outpatient (OP) care has been growing dramatically as the move to value-based models encourages providers to shift inpatient care to lower-cost settings. OP visits increased by 47 percent between 2006 and 2015 while inpatient discharges decreased by nearly 20 percent during that same timeframe. At the same [...]
By: Tom Gibson Senior Vice President and Chief Financial Officer Streamline Health While the COVID-19 crisis is still a significant factor impacting healthcare delivery, many providers are also exploring their options for the resumption of normal services in their facilities. Considering the impact the pandemic has had on operations, even an incremental return of elective procedures [...]
Optimizing Financial Performance during COVID-19 and beyond:
A Hybrid Approach to Ensuring Revenue Integrity
By Randy Salisbury, MBA Senior Vice President and Chief Sales & Marketing Officer Streamline Health Healthcare organizations nationwide continue to manage the disruption from the COVID-19 crisis. Hospital CFOs have seen an increase in costs due to drastic operational changes and greater patient complexity. They’re also bracing for a tremendous decrease in revenue due to the [...]
By Julius Blum Vice President – Solutions, Streamline Health, Inc. The giant online retailer Amazon.com recently announced it may soon introduce machines to box up 600-700 customer orders per hour in an effort to speed up delivery times. That’s a whopping four to five times the rate of a human. These machines could be a [...]
A new program from CMS, called Meaningful Measures, could be a crucial step toward reducing regulatory burden and putting more focus on patients. It’s also ups the ante on coding and documentation accuracy.
Ten years ago, not many hospital administrators would list revenue integrity as a major concern, but today the concept is more important than ever.