HealthTech White Papers and Educational Resources

Today's healthcare environment is constantly changing with breakthroughs not only in medicine but in the way we deliver healthcare. HealthTech is dedicated to being on the cutting edge of technology and healthcare as it develops. Below are a few of our white papers and educational resources free for download upon request:

Revenue Cycle Principles Series

Revenue Cycle Management is complex and includes many moving parts. A strong understanding of the fundamentals is necessary to achieve the best results. In our ongoing series, industry expert and HealthTech CEO, Derek Morkel, shares insight into key Revenue Cycle principles that create the foundation for success in collecting more cash, more efficiently.

Part 1: Getting Back to Basics

Part 2: Getting the Correct Time Allocation by Focus Area

Part 3: The Fundamentals of Producing Clean and Complete Claims

Part 4: Boost Collector Productivity Through Segmenting and Value-Added Processing

Part 5: Creating a 30-Day Cash Turnaround Plan

Part 6: Creating an Integrated Approach to Improving Accounts Receivable Issues at Community Hospitals: Rethinking the Traditional Outsourcing Approach

 

Creating an Integrated Approach to Improving Accounts Receivable Issues at Community Hospitals: Rethinking the Traditional Approach

A "Connected Approach" to AR management — an alternative to outsourcing

Almost every hospital in the US deals with the same issue on a daily basis — not having the resources necessary to adequately collect all the different areas of Accounts Receivable (AR). This is particularly applicable to specific areas that are difficult to collect such as medical denials, appeals and workers compensation. By improving this process, hospitals can not only improve cash collections, but also net income.

This issue is exacerbated at smaller, community hospitals. A smaller staff inherently means there is less opportunity for specialization, and more chances for issues to arise with staff turnover. The traditional approach to dealing with this has been outsourcing either portions of AR or all of it.

Advances in technology, such as HealthTech's myClaimIQ AlphaCollector, now present the opportunity to take a different approach. Being "connected" can provide the desired results without the traditional feeling of losing the control of your AR that outsourcing often introduces. Read More