Healthcare IT News June 20, 2016
The majority of U.S. hospitals are still trying to determine how exactly the new landscape of alternative payment models will form and, as such, indicated that they are holding off for now, according to a study published by Peer60.
Indeed, 37 percent of responding hospitals plan to adopt alternative payment models for value-based care, while 5 percent answered that they are not pursuing value-based care. The remaining 58 percent are the holdouts, Peer60 said.
Many hospitals, in the meantime, are buckling down to focus on effective revenue cycle management operations.
Asked to list the most critical components of the their RCM strategies, the hospitals listed collections (72 percent), denial management (69 percent), registration (65 percent), eligibility and benefits (61 percent)...