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Revenue Cycle Optimization: End-to-End Assessments

Posted by The HCI Group on October 5, 2017 at 9:55 AM

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Revenue Cycle Optimization: End-to-End Assessments

  

Revenue cycle optimization provides financial stability for your healthcare organization, but optimal performance is difficult. An end-to-end revenue cycle assessment can identify bottlenecks that slow your cash flow. In examining revenue cycle management at each operational phase, you can spot opportunities to improve your overall process. 

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Topics: Revenue Cycle

Epic Ambulatory Go-Live: 3 Tips to Avoid Revenue Loss

Posted by The HCI Group on September 8, 2016 at 4:46 PM

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Epic Ambulatory Go-Live: 3 Tips to Avoid Revenue Loss

An Epic ambulatory implementation, especially one that covers multiple sites and incorporates both clinical and financial applications, can significantly disrupt an organization’s revenue. In this blog, HCI Revenue Cycle expert Chelsea Wyatt discusses ways in which an organization can guard against revenue disruption during an ambulatory implementation.

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Topics: Epic, Revenue Cycle, Go-Live Support, Epic Go-Live

Revenue Cycle Management: Key Steps in Preserving Revenue Integrity During Install

Posted by The HCI Group on July 30, 2015 at 11:55 AM

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Revenue Cycle Management: Key Steps in Preserving Revenue Integrity During Install

The EHR Implementation Go-Live Series

The biggest disruption in the RCM process is that the vast majority of charges (usually around 80%) are now actually entered by the clinicians themselves. Here is what your organization will probably look like post Go-Live:

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Topics: EHR Implementation, Optimization & Adoption, Revenue Cycle, Go-Live Support

Revenue Cycle Management (RCM). Bank on your Procedures: Charge for every procedure billable and performed.

Posted by The HCI Group on October 30, 2014 at 8:02 AM

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Revenue Cycle Management (RCM). Bank on your Procedures: Charge for every procedure billable and performed.

Steps to generate additional revenue with your Electronic Medical Record system

In the second installment of our new Revenue Cycle series, the HCI Group looks at how a staggering amount of the issues that cause a large drop in baseline revenue on Go-Live are due to charging. Download the paper to learn what steps you can take to generate additional revenue with your Electronic Medical Record (EMR) system.

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Topics: Revenue Cycle, Go-Live Support

Revenue Cycle Management (RCM) Post EHR Implementation: Much Ado About Charging

Posted by The HCI Group on October 22, 2014 at 9:55 AM

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Revenue Cycle Management (RCM) Post EHR Implementation: Much Ado About Charging

Are you struggling to identify what causes a revenue decline after an EMR Go-Live?

In the first part of our new Revenue Cycle series, the HCI Group’s Chelsea Wyatt looks at how hospitals can avoid the potential revenue pitfall during the revenue cycle management process.

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Topics: Revenue Cycle, Go-Live Support

The Inseparable Connection Between Good Testing and Revenue Cycle Implementations

Posted by The HCI Group on February 10, 2014 at 8:30 AM

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The Inseparable Connection Between Good Testing and Revenue Cycle Implementations

During any implementation of an EHR there are various phases of testing which require participation from all of the teams.  These would include Functional Design Testing, Application Testing and Integration Testing.  For the Revenue Cycle Teams there are additional testing phases that need to be successfully completed prior to a successful go-live. 

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Topics: Epic, Integration & Testing, Revenue Cycle

Tips for successfully implementing Epic’s Model System for Revenue Cycle

Posted by The HCI Group on December 12, 2013 at 6:27 AM

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Tips for successfully implementing Epic’s Model System for Revenue Cycle

In 2009, Epic introduced the Model System.  It was designed to reduce the build time required to implement the system.  Epic eliminate the Design, Build and Validation (DBV’s) sessions that had been the core of their implementation strategy.  They were replaced with validation sessions.  In eliminating the DBV’s, a key step in the project cycle was eliminated.  The documentation of the current workflows is no longer a part of the Epic Project Life Cycle.

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Topics: Epic, Revenue Cycle

Overcoming 5 Obstacles in the ICD-10 Conversion Process

Posted by The HCI Group on August 14, 2013 at 10:57 AM

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Overcoming 5 Obstacles in the ICD-10 Conversion Process

The looming ICD-10 conversion presents both opportunities and challenges to healthcare organizations. With the October 1, 2015 compliance date coming quickly, the time you have to get up to speed is rapidly dwindling. If you're like many companies, though, your conversion process might not be moving as fast as it should. In an Aloft Group study of healthcare professionals, almost three-quarters of the respondents indicated that their organization either hadn't started its ICD-10 conversion process at all or was less than 25 percent of the way through it.

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Topics: ICD-10, Revenue Cycle

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