In the News

Gone are the days when health care organizations stored valuable patient information on disorganized stacks of floppy disks in dusty back corners of offices. Today, hospitals are using easily accessible and managed data storage systems that deliver universal connectivity in a networked environment.

But, as hospitals experience a prolific gain in data, they are reexamining their security processes with a single goal in mind: to streamline the security of their information management and enhance their breach preparedness

Claim denials are a normal occurrence in the world of healthcare, but improving outcomes is not about adding people or working a queue.

Today, denied claims require a team to spend time resolving the issues that hinder cash flow and delay reimbursements. This process costs health systems time and money

In a world where healthcare is constantly changing, it’s important to take a moment to examine the current trends and pinpoint ways in which your health system can enhance both your patients’ experience and your organization’s billing process.

Here are four key healthcare payment trends noted by Wind River Financial, a Wisconsin-based payment processing company that specializes in providing patient payment, engagement, as well as data security solutions to health systems to keep patient data safe

Much attention is paid to how health systems collect bills on the front end, but the back end is where more of the money comes.

And “it’s an extremely challenging accounting process for hospitals,” said Jonathan Wiik, principal of healthcare strategy with TransUnion Healthcare and a former hospital finance administrator