> 5 Most Common Hospital Revenue Cycle Management Challenges Since the Affordable Care Act, the task of hospital revenue cycle management has changed significantly. ICD-10, MACRA, and accountable care have made it in a hospital's best interest to have an effective revenue cycle management system in place so they can handle the financial pressures that come from regulation. Overall, the healthcare revenue cycle is dynamic, evolving and, as a result, healthcare professionals involved in revenue cycle management tend to face a number of challenges.
> HIT Think 3 Critical Steps To Improve Cybersecurity Recent cyberattacks have ensured that the security spotlight on healthcare organizations shines ever brighter. The seeds of threat seem to have proliferated after a number of successful ransomware attacks. Accenture's latest research shows that cyber-attacks on the U.S. health systems over the next five years will put nearly $305 billion of cumulative lifetime patient revenue at risk.
> How MACRA Will Reshape Providers HIT Strategies While the healthcare industry is digests the proposed rule on the Medicare Access and CHIP Reauthorization Act of 2015 issued yesterday by the Department of Health and Human Services, it's clear that it provides a roadmap for how federal agencies expect healthcare information technology to support reform initiatives.
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In preparations for Value Based Reimbursement (VBR) our organization is most likely to: