Healthcare Finance News November 11, 2019
Using the power of data to tweak processes and squeeze the maximum amount of reimbursement possible is a must in today’s environment.
Fee-for-service reimbursement structures are slowly giving way to a new model. Taking the place of this framework is value-based care, in which reimbursement is directly tied to clinical outcomes. This shift is one of the biggest trends taking place in healthcare, yet there remain certain barriers to adoption — workflow challenges and interoperability among them, which can leave providers scrambling.
Efficiency is the goal of many healthcare organizations as they grapple with the transition to value, and enact potentially revenue-generating population health initiatives. The way the healthcare business is run today, it’s virtually impossible to do this without...