Blog

Revenue cycle metrics and management are critical to the financial success of healthcare institutions. In the ongoing effort to master your revenue cycle performance, it helps to know the key performance indicators to track. Below, the professionals at Vyne Medical describe four essential metrics to use in identifying your organization’s RCM strengths and weaknesses: Rate […]

Optimizing patient registration is one important step in the journey to making your healthcare institution a more efficient entity. For example, an effective patient registration process is a critical aspect of minimizing denials.  While the root cause of denials can occur anywhere in the revenue cycle, you’re more likely to see an issue at the […]

Proper medical billing and coding can help ensure that your organization is reimbursed for the care it provides to its patients. Did you know that as many as one in five claims are denied or delayed? We all know that the best defense is a good offense. Similarly, preventing denials from occurring in the first […]

Payer-required administrative tasks are a burden most providers know all too well. They are a daily source of frustration, diverting time from mission-critical work and often delaying patient care. Legislation impacting audit and authorization processes is in constant flux, only increasing confusion about payer requirements and regulations. Regardless of legislation changes, you can get ahead […]

The acronym “HIE” refers to Electronic Health Information Exchange, which is an essential tool for the medical industry in pursuit of functional interoperability. A good electronic health information exchange process allows both patients and healthcare providers to securely access and share vital medical information. Many offices are still storing medical information in filing cabinets, but […]

Patient engagement is an increasingly critical segment of the larger medical software marketplace. According to a recent study conducted by research firm Markets and Markets, the patient engagement solutions industry is projected to reach $70.5 billion by 2028, up from $11.9 billion in 2020. This is even more remarkable considering the marketplace was valued only […]

To effectively set goals for productivity improvement, revenue cycle leaders need an accurate baseline from which to drive team efforts. It can be challenging, however, to know how long revenue cycle tasks can or should take. By setting accurate benchmarks, providers can make more informed decisions about staffing, resources and technology investments. Simplify, Connect and […]

In March 2020, hospital administrators across the country began receiving requests for daily reports of COVID-19 data for use in coordinating the federal government’s pandemic response. Data requests – including requirements for reports on testing, capacity, supplies, utilization, and patient flows – were the first of many needed to inform critical decisions about how to […]

A slow, error-prone patient registration process can cause long wait times, frustrated patients, and claim denials that hurt your bottom line. The good news? By making a few key changes, you can streamline registration, improve accuracy, and enhance the patient experience. Let’s cover five practical strategies to improve your patient registration workflow and set your […]

Technology supports providers and their ability to effectively serve patients. Data management and communication exchange solutions represent a technology category with enormous potential to help hospitals leverage existing data to meet the clinical, financial and care coordination needs of their patients. Healthcare professionals have long relied upon siloed systems for their data management needs. Paper-based […]