Healthcare Finance Archives

AI, Technology & Compassion. Give it a listen.

Sift's Blake Sollenberger and Affinity Strategies' Claire Vincent talk about the impact of AI on healthcare payments. They cover the challenges health systems face as they increasingly act as financial lenders, the importance of a positive patient experience in billing,...

June 29, 2022

Claim Denials

3 Ways Data Can Fix Denials

The impact of insurance claim denials for healthcare providers in 2021, and how providers' own historical payments data and machine learning provide solutions for both denials prevention and appeals prioritization.

June 28, 2021

Healthcare Providers Have Become Lending Organizations

Healthcare Payments

Healthcare Providers Have Become Lending Organizations

Every day healthcare providers are extending credit in the form of care, and they have little idea whether, how much or when they will be paid. It’s time for healthcare providers to start deploying well-established data science and analytics tools...

October 2, 2020

Innovation

The Impact Of The Chief Innovation Officer

Hats off to the Chief Innovation Officers. 97% of health systems that have Chief Innovation Officers also had positive operating margins. For healthcare providers, a commitment to innovation and strategic change improves the quality of care, patient experience and financial...

February 21, 2020

Hospital CFO’s & The “Negligible” Use Of Data Analytics

Revenue Cycle Analytics

Hospital CFO’s & The “Negligible” Use Of Data Analytics

93% of healthcare administrators say that data analytics are “crucial” to future healthcare operations. At the same time, 84% say the usage of advanced analytics at their organization is “negligible”. In healthcare payments, there are three key roadblocks to the...

February 11, 2020

Healthcare Payments

Want To Control Your Cost To Collect & Utilization? You Need A Holistic View Of Your Healthcare Payments.

Every healthcare CFO and revenue cycle leader should be looking at their insurance payer payments in relation to patient payments -- identifying how they relate and influence one another. This is essential intelligence in an ever-complex revenue cycle.

February 3, 2020

There Aren’t Enough Bodies To Save Healthcare

Healthcare Payments

There Aren’t Enough Bodies To Save Healthcare

We're at a tipping point where healthcare providers will *have* to implement automation and AI into the revenue cycle. Not only to recover more dollars but also to keep up with the growing (& massive) administrative burden that is persistent...

November 22, 2019

Surprise Medical Bills Are Bad For Healthcare Providers

Healthcare Regulation

Surprise Medical Bills Are Bad For Healthcare Providers

Patient payments are often difficult for healthcare providers. Even more so when the expense is unexpected, as in surprise billing. Surprise bills (or balance billing) increase the odds of underpayment or no payment for provider services. Surprise bills are a...

July 18, 2019

Stop Using Credit Scores For Propensity To Pay

Patient Payments

Stop Using Credit Scores For Propensity To Pay

Consumer debt on credit reports is not an indicator of a patient's (or rather, consumer’s) ability or willingness to pay their healthcare bills. Most propensity to pay models rely on credit scores. Healthcare providers need to know how their payments...

July 9, 2019

Tag: Healthcare Finance

AI, Technology & Compassion. Give it a listen.

3 Ways Data Can Fix Denials

Healthcare Providers Have Become Lending Organizations

The Impact Of The Chief Innovation Officer

Hospital CFO’s & The “Negligible” Use Of Data Analytics

Want To Control Your Cost To Collect & Utilization? You Need A Holistic View Of Your Healthcare Payments.

There Aren’t Enough Bodies To Save Healthcare

Surprise Medical Bills Are Bad For Healthcare Providers

Stop Using Credit Scores For Propensity To Pay

Sift’s Fourth Annual Denials Insights Report

Adverse Payment Outcomes

An Expanded Partnership With Hartford HealthCare

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Tag: Healthcare Finance

Sift’s Fourth Annual Denials Insights Report

Adverse Payment Outcomes

An Expanded Partnership With Hartford HealthCare

Quick Links

Explore

Support

Justin Nicols