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 Nancy Hirschl, BS, CCS, AHIMA-Approved ICD-10 TrainerVice President, HIM & Product StrategyStreamline HealthWith the dramatic onset of the COVID-19 pandemic, CMS issued brand new ICD-10-CM codes to identify and reimburse COVID-based encounters, along with new—and subsequently adjusted— rules for using them. The sequence below captures the complexity of this unprecedented scenario from a medical coding [...]
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 [...]
Ten years ago, not many hospital administrators would list revenue integrity as a major concern, but today the concept is more important than ever.