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Beyond Denial Rates: Metrics for Hospital Financial Health

Beyond Denial Rates: Metrics for Hospital Financial Health

Beyond Denial Rates: Metrics for Hospital Financial Health Originally published on Becker's Hospital ReviewThe healthcare sector faces a critical juncture due to mounting macroeconomic challenges, particularly from the increasing complexities and financial pressures...

Cutting-Edge Technology Rescues Small Balance Accounts By 30 Percent

Cutting-Edge Technology Rescues Small Balance Accounts By 30 Percent

Small balance revenue recoveries have emerged as a critical solution for healthcare organizations grappling with the challenges of uncollected accounts receivable (AR). With rising costs and limited resources, hospitals and healthcare providers often face the difficult decision of either abandoning revenue tied up in small balance accounts or expending significant efforts and administrative costs to recoup them. However, innovative solutions like CorroHealth’s REVIVE platform are transforming the process with an effective path to reclaiming valuable revenue.

Exploring Successful Strategies to Change Payer Behavior

Exploring Successful Strategies to Change Payer Behavior

Exploring Successful Strategies to Change Payer Behavior Article originally published in Becker's Healthcare While many hospitals are operating in negative margins, payers are bringing in record revenues and profit margins. And healthcare organizations have fallen...

A Strategic Approach to the Clinical Revenue Cycle

A Strategic Approach to the Clinical Revenue Cycle

by Dr. Jerilyn Morrissey Chief Medical Officer, CorroHealth. Translating patient care into full and accurate reimbursement from a payor is a complex endeavor, and many hospital departments have a hand in this process. However, when these departments operate in silos, without an overarching payor strategy, hospitals leave money on the table. In their workshop, “The UM & CDI Continuum, from the ED to the QIO,” CorroHealth and Corro Clinical by Versalus Health experts Dr. Jerilyn Morrissey and Lisa Romanello discuss the importance of developing a thoughtful and efficient payor strategy, connecting siloed departments, and how to compliantly build better integrity into your hospital’s revenue cycle.

Beyond Denial Rates: Metrics for Hospital Financial Health

Beyond Denial Rates: Metrics for Hospital Financial Health

Beyond Denial Rates: Metrics for Hospital Financial Health Originally published on Becker's Hospital ReviewThe healthcare sector faces a critical juncture due to mounting macroeconomic challenges, particularly from the increasing complexities and financial pressures...

CMS 4201 Final Rule: Empowering Providers Against MA Denials

CMS 4201 Final Rule: Empowering Providers Against MA Denials

CMS 4201 Final Rule: Empowering Providers Against MA Denials Originally Posted on Becker's Hospital ReviewNavigating the ever-changing landscape of healthcare management, providers find themselves in an intricate dance with Medicare Advantage Organizations (MAOs)....

Cutting-Edge Technology Rescues Small Balance Accounts By 30 Percent

Cutting-Edge Technology Rescues Small Balance Accounts By 30 Percent

Small balance revenue recoveries have emerged as a critical solution for healthcare organizations grappling with the challenges of uncollected accounts receivable (AR). With rising costs and limited resources, hospitals and healthcare providers often face the difficult decision of either abandoning revenue tied up in small balance accounts or expending significant efforts and administrative costs to recoup them. However, innovative solutions like CorroHealth’s REVIVE platform are transforming the process with an effective path to reclaiming valuable revenue.

Streamlining Compliance with the No Surprises Act

Streamlining Compliance with the No Surprises Act

Streamlining Compliance with the No Surprises Act   Understand Provider-Payer Responsibilities The No Surprises Act (NSA) is a new law that protects patients from unexpected medical costs. It was enacted in 2021 and came into enforcement in 2022. It has two...

Exploring Successful Strategies to Change Payer Behavior

Exploring Successful Strategies to Change Payer Behavior

Exploring Successful Strategies to Change Payer Behavior Article originally published in Becker's Healthcare While many hospitals are operating in negative margins, payers are bringing in record revenues and profit margins. And healthcare organizations have fallen...

A Strategic Approach to the Clinical Revenue Cycle

A Strategic Approach to the Clinical Revenue Cycle

by Dr. Jerilyn Morrissey Chief Medical Officer, CorroHealth. Translating patient care into full and accurate reimbursement from a payor is a complex endeavor, and many hospital departments have a hand in this process. However, when these departments operate in silos, without an overarching payor strategy, hospitals leave money on the table. In their workshop, “The UM & CDI Continuum, from the ED to the QIO,” CorroHealth and Corro Clinical by Versalus Health experts Dr. Jerilyn Morrissey and Lisa Romanello discuss the importance of developing a thoughtful and efficient payor strategy, connecting siloed departments, and how to compliantly build better integrity into your hospital’s revenue cycle.

More from CorroHealth

Rethinking Healthcare Documentation and Denials for a Better Future

Rethinking Healthcare Documentation and Denials for a Better Future

Rethinking Healthcare Documentation and Denials for a Better Future Healthcare organizations are moving through one of the most difficult administrative periods the industry has ever seen. Denials are rising, documentation requirements keep expanding, and...

Build a Stronger Bottom Line with our Hospital Budgeting Toolkit

Build a Stronger Bottom Line with our Hospital Budgeting Toolkit

Build a Stronger Bottom Line with our Hospital Budgeting Toolkit Budget season can put health system leaders in a difficult spot. Costs must come down and every dollar has to be justified. But with denials rising, payer demands intensifying, and patient needs growing...

Why Hospitals Are Moving Beyond Reactive Appeals to a Strategic Offense

Why Hospitals Are Moving Beyond Reactive Appeals to a Strategic Offense

Why Hospitals Are Moving Beyond Reactive Appeals to a Strategic OffenseHospitals spend billions of dollars each year fighting claim denials, but the volume keeps climbing. For many leaders, the reflex is to add more staff, more metrics and more appeals in a race to...