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The Revenue Cycle Management Technology Adoption Model (RCMTAM)
RCMTAM offers healthcare providers a comprehensive tool to evaluate and enhance financial and technological performance through an evidence-based, five-stage maturity model.
Featured Content
Your Guide to an Autonomous Revenue Cycle
Webinar On Demand
Banner Health Insights — Trouble Upstream: Fighting the Undertow of Bad Debt
Hosted by:
Kim Barefoot
Director of Operations,
Patient Balance Management
Banner Health
April Wilson
Vice President,
Product Management
FinThrive
Learning Objectives
- Understand how insurance discovery leads to a reduction in bad debt
- Learn how insurance discovery works with standard screening processes
- Uncover how to leverage Insurance Discover with other analytic products like propensity to pay and financial assistance screening
- Find new ways to use automation for cash acceleration as well as reducing staff dependencies on coverage discovery processes
- Realize how insurance discovery processes can reduce patient complaints and lower AR days
Overview
This session discusses how to leverage technology and automation to find valuable coverage at every point of the revenue cycle to reduce bad debt and improve the overall patient experience. For providers that are struggling with staff shortages, lower than expected patient payments, and thin margins, this session provides a best practice workflow and process to accelerate reimbursement.
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