Featured Content

    embrace-tablets

    Embrace Disruption

    Break free from financial inefficiency with a new, innovative approach to RCM. Get insights from your peers and learn about our dynamic technology adoption model.

    Learn More

    Featured Content

      FinThrive_EXEC_Revenue Management Automation Guide-svg

      Your Guide to an Autonomous Revenue Cycle
      Plot a course toward forward-thinking innovation that improves efficiency, the patient experience and your bottom line.
       

      FinThrive Blog

      Get a pulse on the industry with must-read insights and tips

      Provider

      5 min read

      Four Tips to Reduce Uncompensated Care

      Healthcare organizations are feeling the sting of unpaid care, which surged by 33% from Q1 2023 to July 2023. And while it may not be possible to eliminate it, there are initiatives you can put in place today to lessen its impact.

      Read More

      6 min read

      Navigating the Healthcare Staffing Shortage with People-First Technology

      The healthcare sector is confronting an unprecedented staffing crisis, which has only intensified since the pandemic, and is putting strain on revenue cycle management (RCM) teams. According to a recent HFMA survey, every respondent reported open revenue...

      Read More

      5 min read

      Three Reasons to Invest in Digital Check-in Technology

      A consumer-centric patient financial experience is critical to the success of any healthcare organization. While other industries have mastered the art of customer engagement, hospitals and healthcare systems lag in terms of meeting patients where...

      Read More

      8 min read

      3 Ways to Optimize Automation in Revenue Cycle Management

      As the healthcare industry embraces digital transformation, automation has emerged as a promising approach to challenges that threaten the financial stability of organizations. In fact, 50% of providers are projected to have invested in automation by the...

      Read More

      7 min read

      Improving the Efficiency of Healthcare RCM: A Key to Financial Health

      In today’s challenging healthcare landscape, effective revenue cycle management (RCM) has become paramount for healthcare providers despite years of investment in point solutions and the EHR system. With the complexity of RCM, process improvement across...

      Read More

      6 min read

      Addressing Medicare Bad Debt Reimbursement Issues in Healthcare

      Navigating reimbursements for the Medicare program has been a long-standing challenge for many providers. With the government reimbursement landscape constantly shifting due to policy changes, complex regulations and nuances related to patient coverage,...

      Read More

      7 min read

      Compliance as the Cornerstone: Building Revenue, Cutting Costs and Delivering Exceptional Patient Care

      In the healthcare industry, compliance is essential to protect providers from potential and significant legal or financial risks. However, compliance can also serve as a cornerstone for building revenue, cutting costs and delivering exceptional patient...

      Read More

      5 min read

      Reduce Denials with These Four Tips to Uncover Hidden Coverage

      A recent report by The Kaiser Family Foundation showed that claim denials are on the rise, with some plans reaching up to 80% in denials. Based on these findings, combined with a shifting payer mix, it’s estimated that 52% of patients will have...

      Read More

      8 min read

      3 Ways Providers Can Navigate the End of the Public Health Emergency

      On May 11, 2023, the federal Public Health Emergency (PHE) will expire, and along with the Consolidated Omnibus Act, will impact coverage for millions of Americans on Medicaid. This is arguably the biggest thing to happen to Medicaid since the passing of...

      Read More

      6 min read

      Uncover Missed Health Insurance Coverage with Automation

      Hospitals grapple with many complex issues that impact their financial health—staffing shortages, policy changes, retail competitors. However, one of the top financial impacts is fairly simple: missed insurance reimbursement due to eligibility denials.

      Read More

      8 min read

      Improving Health Outcomes by Reducing Medical Debt

      Medical debt is more than a financial problem. Research is beginning to show that, for millions of Americans, medical debt leads to poor health outcomes.

      Read More

      6 min read

      3 Ways to Reinvent Primary Care

      The Father of Population Health says America needs a new strategy for primary care.

      Read More

      12 min read

      End-To-End RCM: A Vision for the Future with a Strategy that Starts Now

      From top analysts to hospital board rooms, healthcare leaders have emphasized a consistent theme for 2023: an end-to-end approach to revenue cycle management (RCM). End-to-end capabilities featured prominently in the Everest Group’s recent Revenue Cycle...

      Read More

      6 min read

      Drug Effectiveness and Pharmacy Experience Start with Equitable Clinical Trials

      Approximately 20% of the new drugs approved in the last several years have known racial and ethnic differences in disposition. Still, the most recent data snapshot on diversity and inclusion from the U.S. Food & Drug Administration revealed that 75% of...

      Read More

      7 min read

      4 Ways to Deliver ROI by Addressing Social Determinants of Health

      Health organizations are zeroing in on Social Determinants of Health, removing socioeconomic barriers to healthcare and social services in order to improve patient outcomes. In the process, they’re also improving the financial health of the entire...

      Read More

      6 min read

      3 Ways Regional Health Systems Can Improve Community Health

      If we were designing the healthcare system from scratch, Brook Ward says most of us would have a clear vision for what it should look like.

      Read More

      7 min read

      The Results Are In: See How the Everest Group Ranked 15 Top RCM Platforms

      2022 was a tough year for healthcare providers… and patients. For providers, expenses outpaced revenue, driven up by the labor shortage, premium-priced outsourcing services and inflationary supply costs. For patients, job instability, insurance...

      Read More

      5 min read

      4 Must-Dos for a Healthy, Compliant Chargemaster

      By Sherry Nardi, Solution Strategy Director, FinThrive 

      Maintaining a healthy chargemaster is a key component to preventing revenue leakage but can also be labor intensive and time-consuming. With thousands of ongoing line-item updates, limited staff and...

      Read More

      9 min read

      3 Ways to Address Political Determinants of Health and Advance Health Equity

      For those who question the far-reaching impact of political determinants of health, Population Health Professor Geoffrey Roche recounts this story:

      Read More

      5 min read

      Revolutionizing Claims Management Through Robotic Process Automation

      For modern healthcare to realize its true potential, revenue cycle management needs a new vision. The future requires a connected and holistic approach that empowers the providers, payers and patients who make the healthcare economy. Current processes...

      Read More

      6 min read

      Empowering Providers, Payers and Patients: Financial Excellence for All

      At Becker’s 7th Annual HIT RCM Conference in Chicago, FinThrive’s Chief Innovation Officer John Yount was joined by Brad Tinnermon, VP of Revenue Cycle and Revenue Integrity at Banner Health, and Matt Leary, VP of Finance at Centura Health. Read on to...

      Read More

      6 min read

      Five Simple Steps to Advance Your Autonomous Revenue Cycle Strategy

      The benefits of automating your revenue management processes are clear. From reduced costs to enhanced care, happier patients to more satisfied staff, automation delivers measurable value at each stage of the revenue cycle. 

      While healthcare leaders...

      Read More

      8 min read

      The Three Best Automation Investments

      Today’s health care leaders know that tackling unchecked costs requires innovation and digital transformation. But where do you start?  Automation has virtually infinite applications across the revenue cycle – where will it make the greatest impact?

      We...

      Read More

      6 min read

      Four Ways That Automated Revenue Management Unlocks Real Value

      The current state of healthcare is incredibly costly for providers, payers, and patients. In 2020, hospitals lost $42.7 billion to uncompensated care. They spent $500B on administrative costs, $395B on waste, and $90B on inflated pricing. Payment cycle...

      Read More

      4 min read

      5 Ways Healthcare Organizations are Using SDOH to Make a Difference

      So much of our overall health is impacted by various socioeconomic factors, which don’t involve ever stepping foot into a doctor’s office, clinic or hospital. Social determinants of health—commonly referred to as SDOH—and healthcare utilization have an...

      Read More

      5 min read

      Using Social Determinants of Health Data to Forge an Equitable Future

      Ongoing COVID-19 challenges and its emerging aftermath have left people struggling—financially, personally and socially. Especially those most vulnerable. Given how closely financial health is linked to overall wellness,1 it’s important to recognize that...

      Read More

      3 min read

      It’s Time to Transform the Healthcare Economy

      Over the past 24 months, already-thin hospital margins were further exacerbated by COVID-19. Hospitals are seeing up to $50 million in revenue leakage per facility per year from underpayments from payers, poor claims management, denials, under and...

      Read More

      4 min read

      Emerging Revenue Management Approaches for 2022

      For a hospital CFO, the COVID-19 pandemic shifted priorities and emphasized cost containment and innovation in reimbursement models. It has forced leaders to take a hard look at their revenue management processes. In fact, per a recent...

      Read More

      4 min read

      Three Common Sources of Missed Coverage

      In 2020, 47% of hospitals saw increases in bad debt and uncompensated care.1 Incomplete or inaccurate patient demographic information, an unverified primary payer, resource constraints and more contribute to this deficit. At a time when margins are...

      Read More

      4 min read

      Emerging Trends in Revenue Management

      To improve patient financial experiences and protect profitability, healthcare financial leaders need a strategy that focuses on end-to-end revenue management.

      Read More

      3 min read

      Capture Hard-to-Find Insurance Coverage

      In 2020, hospitals across the U.S. saw their median operating margin drop by 55.6%.1 The Coronavirus Aid, Relief, and Economic Security Act (CARES) helped offset escalating expenses, but the pandemic hasn’t been the only factor contributing to ongoing...

      Read More