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      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

      Rethink Revenue Management

      11 min read

      Healthcare Revenue Management Insights: Q2 2023

      Hospitals are starting to see some daylight as we approach the second half of 2023. Per normalized data from a recent June Kaufman Hall report, signs of recovery continue with three consecutive break-even months. Volumes have continued to stabilize, with...

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      10 min read

      What You May Have Missed at HFMA 2023 – Industry Trends and More

      By Greg Lanier, Chief Growth Officer, FinThrive

      2023 HFMA Annual did not disappoint! I was honored to be at such an electric event amongst many health system, hospital, provider, and business partner leaders across the country. The Gaylord Opryland...

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      7 min read

      HIMSS 2023 Insights

      By Greg Lanier, Chief Growth Officer, FinThrive

      HIMSS ’23 saw more than 35,000 attendees, as healthcare executives from around the world gathered to tackle the industry’s toughest challenges. Several themes emerged from the conference surrounding...

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      10 min read

      FinThrive Customer Advisory Board – Insights to Transform our Industry

      By Greg Lanier, Chief Growth Officer, FinThrive

      Last week, key customer executives from FinThrive gathered for two days in Sarasota, Florida. The discussion was electric, innovative, engaging, and transformative. Seema Verma, former CMS Administrator,...

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      9 min read

      Healthcare Revenue Management Insights: April 2023

      By Jonathan G. Wiik, Vice President, Health Insights, FinThrive

      Welcome to the April 2023 edition of Revenue Management Insights. This month, we'll be discussing several important trends that are impacting the healthcare industry, including hospital...

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      8 min read

      Healthcare Revenue Management Insights: March 2023

      By Jonathan G. Wiik, Vice President, Health Insights, FinThrive

      Welcome to the March edition of Healthcare Revenue Management Insights. Just as we’re starting to see flowers poking up through the snow (those of us in Colorado, at least), hospitals have...

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      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...

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      9 min read

      Healthcare Revenue Management Insights: February 2023

      By Jonathan G. Wiik, Vice President, Health Insights, FinThrive

      It’s about time: hospitals finally posted a positive margin in December according to Kaufmann Hall’s latest flash report. That’s just one piece of a generally optimistic outlook on the rest...

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      10 min read

      Healthcare Revenue Management Insights: January 2023

      By Jonathan G. Wiik, Vice President, Health Insights, FinThrive

      New year, new data! While the numbers from the end of 2022 continue to show the same challenges faced throughout the year – negative margins, staffing issues, inflation, unpredictable...

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      9 min read

      FinThrive Monthly Insights: December 2022

      By Jonathan G. Wiik, Vice President, Health Insights, FinThrive

      As 2022 draws to a close, we reflect on one of the worst financial years for U.S. hospitals. The latest reports are showing the 10th straight month of negative margins, labor issues persist...

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      11 min read

      FinThrive Monthly Insights: November 2022

      By Jonathan G. Wiik, Vice President, Health Insights, FinThrive

      2022 has been one of the worst financial years for hospitals1 and most US hospitals and health systems are in a tight spot, to put it mildly. Between lower volumes, staffing shortages,...

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      6 min read

      Your Health System Needs AI to Bridge the Staffing Shortage Gap

      The Great Resignation has hit the healthcare industry from all angles. The loss of clinical staff has hurt the frontline of many health systems.

      However, what many do not realize is that revenue cycle teams are inundated with claims, denials and requests...

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      6 min read

      Four Reasons Robotic Process Automation Improves Your Revenue Cycle

      A lot has changed with revenue management in the last three years, especially the transition from traditional onsite employees to remote employees, leading to persistent staffing gaps.

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      5 min read

      Streamline Your Revenue Cycle Workflow with RPA

      In May 2022, more than 400 healthcare finance leaders reported revenue cycle workforce shortages, with almost 20% seeing 30 or more vacancies.

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      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...

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      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...

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      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...

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      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.

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