A non-profit hospital faced a tough decision when their Accounts Receivable (AR) vendor failed to perform, leaving a backlog of small balance accounts aged between 180 to 210 days.
Overcoming Payer Denials in the Midwest: How Three Large Midwest Health Systems Reclaimed $66 Million AnnuallyThe Challenge: Three large health systems in the Midwest were trapped in a counterproductive cycle. Efforts to minimize payer denials by adopting payer...
Big gains with VISION by CorroHealth! A Pacific Northwest Health System sees a monumental 6x ROI, thanks to VISION, our cutting-edge, AI-driven DRG integrity platform. Explore how VISION is redefining revenue cycle management, ushering in a transformative era for healthcare technology.
The Power Play: Transforming Payer Tactics into Provider SuccessA stark reality looms within the U.S. healthcare system today- a profound tilt in power and influence towards health insurance behemoths, creating a systemic imbalance between economic gain and human...
In this article, Chief Medical Officer Dr. Jerilyn Morrissey sheds light on the murky waters of Medicare Advantage plans and the Two Midnight Rule, revealing that payers like to dance in the shadows of regulation. Discover how Medicare Advantage plans clash with the Two Midnight Rule, causing confusion and compliance issues in healthcare. Dive into the full story.
CorroHealth Reveals New Technology Dedicated to Optimizing DRG and Revenue Integrity.Originally published on Healthcare DiveHospitals across the U.S. face heavy financial headwinds as the healthcare industry grapples with a shortage of skilled professionals. Ongoing...
See how Northeast Health System leveraged CorroHealth’s Utilization Management expertise and the CMS 2+MN Rule to secure over $125M in revenue, setting a new standard for operational excellence and compliance. Learn from their journey.
Healthcare technology leader #CorroHealth reveals REVIVE to tackle small and zero balance accounts with #AI-Optimized solution to recover aged receivables. REVIVE promises a new era in Revenue Cycle Management. Hospitals are witnessing a 30% resolution of aged accounts in one touch, with an average of 2.4 touches to resolution. See how we’re turning financial challenges into opportunities. Read our full press release.
#RevenueCycleManagement #AI #HealthcareTechnology #HealthTech #AgedReceivables #Healthcare
This is AR recovery, reengineered. Join CorroHealth’s webinar on Wednesday March 27th, 2024 to learn about REVIVE – our latest #AI-powered revenue recovery solution for aged receivables. With REVIVE, you can efficiently and economically resolve small- and zero-balance accounts. Secure your spot today and transform your approach to recovering revenue from aged receivables. Register Now.
Discover what’s new in the 2024 regulatory and coding changes. Join Barbara Johnson, Senior Revenue Cycle Consultant and Melissa Lehrer, Director of Health Information Management, for our live webinar on Wednesday, February 21, @ 11:00 AM PST.
Learn all the major changes in #CPT codes, prolonged telehealth services, billing for behavioral health services, and new services for vulnerable patients.
This is a must-attend for all #MedicalCoders, Auditors, Compliance, #RevenueCycle and #HIM Managers.
Facing a coder shortage? Read how #AI addresses this #healthcare industry #MedicalCoding worker shortage. PULSE by CorroHealth, an AI-driven medical coding platform, reshapes your Revenue Cycle Management with cutting-edge technology, improving productivity and addressing the critical shortage of medical coders.
#CorroHealth #RCM #HealthTech #HealthcareTechnology #LLM #DeepLearning
Rural Colorado Hospital Reduced DNFB (Discharged, Not Final Billed) by 24% in One Month And built a stronger, high-performing coding team in the process.Overview If a total knee replacement should be billed at $80,000, why was the hospital only paid $20,000? This...
Turning Healthcare Disruption into Strategic AdvantageHealthcare no longer moves in measured steps. Disruption comes in waves, challenging leaders to rethink operations, workforce strategies, and technology adoption all at once. Tami Knobbe, executive vice president...
Addressing the Rising Challenge of Bad Debt in Healthcare FinanceRising bad debt and charity care have emerged as a defining financial challenge for U.S. hospitals. What initially seemed like a temporary disruption has evolved into a sustained trend, prompting finance...