Made with FlowPaper - Flipbook Maker
1 medhealthoutlook.com RCM Edition SEPT 2022 EMPOWERING HEALTHCARE ORGANIZATIONS TO IMPROVE BOTTOM LINE Innovators Medhealth Outlook 2022 RCM John (JD) Donnelly, Founder & CEOThe secret to success is finding someone else to do all the hard work. Medical billers, say hello to Inbox Health. If you’d like to collect more while spending less, it’s time we got to know each other. Inbox Health is a patient engagement platform that can help you reduce costs, including paper statements and patient phone calls. We can also increase patient payment percentages and speed to payment. inboxhealth.com © 2021, Inbox Health, Inc. Prepare for a value-based future with the capabilities to improve patient-centered, physician-led outcomes. Come Back with confidence. TM TOGETHER Your journey to value-based care starts now. Let’s chart your journey www.lumeris.cominfo@lumeris.com1.888.586.3747Visualizers Nicholas Wilson Monica PhilipLeona George Printing and Circulation Sandy Philip Christopher MarkusAlex George Graphic Designers James WilliamsAndrew Sebastian editor@medhealthoutlook.com Michael Robert Edward JohnDave Walker Editorial staffs Sujay Kodoor Scott Morson Creative Team Vishnu Santhosh Natasha Jacob Managing Editor Editor-in-Chief Medhealth Outlook serves as the backdoor to the latest technologies and trends in the healthcare, pharma, and medical industries. We endeavor to be your inspiring source for print and online in-depth journalism covering the tech community powering the medical industries. Medhealth Outlook encourages readers to think extensively, lead with a mission, embrace change, and shape the fate of the business. Letters and Insights At Medhealth Outlook, we always look forward for your valuable feedbacks, comments and insights that could help us build better stories and enhance our reader’s experience. Please send your insights and comments to the editor to our office address or email. Advertising As a publisher, ads are the fuel that drive our customer’s growth. Let the world know your brand better with our customized advertising plans. Take advantage of our huge readership that includes CEOs, CTOs, and top-level business executives. For more information, drop an email to sales@medhealthoutlook.com. Publishing and Reprints We provide customized reprints and copies of articles as per your requirements. Get in touch with our team for a copy of the magazine or your article separately. Copyrights and Purchase All rights reserved. No portion of this magazine may be reproduced in any form, physically or electronically, without prior permission from the publisher, except as permitted by U.S. copyright law. For permissions contact: ICON Media Inc. 30 N Gould St Ste R Sheridan, WY 82801 (646) 396 6545 Richard Taylor Jennifer LetaLowrence Tse Benny DavisSam Morris Sales sam@medhealthoutlook.com sales@medhealthoutlook.com Copyright © ICON Media Inc. 2022 Subscribe @Today, every healthcare organization not only should provide quality healthcare, but also needs to develop successful processes and policies for staying financially healthy. Revenue Cycle Management (RCM) solutions play a key role in this kind of situations. It facilitates and streamlines the cumbersome financial process to manage the administrative and clinical functions associated with claims processing, payment, and revenue generation. The financial process is crucial to ensuring healthcare organizations stay in operation to treat patients. To boost the flow of RCM, it will be prudent to adopt a patient-centric attitude, to help build up business to pre-pandemic levels. Moreover, medical professionals will be looking at how they can implement and integrate best practices with digital delivery systems. Some of the more advanced and automated RCM solutions make it easier to focus more attention on each patient, both in the examination room as well as online. With the modern RCM solutions, healthcare offices can focus on improving engagement by digitizing such workflow processes as booking appointments, processing payments, and handling billing. As there is a lot of trends going around the industry, our team experts have developed this special edition on some of the most innovative Revenue Cycle Management Solution Providers. We’ve also included insights from people who are close to the industry as well as healthcare professionals to help you dive deeper into the industry and its trends. We hope this edition adds value to your RCM adoption. Voice of the Editor Natasha Jacob Editor-in-Chief THE ERA OF VALUE-BASED CARE REIMBURSEMENTContents EMPOWERING HEALTHCARE ORGANIZATIONS TO IMPROVE BOTTOM LINE John (JD) Donnelly, Founder & CEO28 36 32 22 PARTNERING WITH THE RIGHT RADIOLOGY RCM COMPANY... WHY YOU NEED REVENUE CYCLE MANAGEMENT AS A HEALTHCARE PROVIDER OPTIMIZING HEALTHCARE REVENUE CYCLE MANAGEMENT WITH TECHNOLOGY REVENUE INTEGRITY PROGRAM, A KEY REVENUE CYCLE MANAGEMENT COMPONENT OLD SCHOOL MEETS NEW SCHOOL VALUE-BASED CARE Nicole Jones-Gerbino, Chief Strategy Officer, PBS Neil Colvin, CEO, Thera Fi Sidney Bradley, CEO, weCare Staffing Services Raghavendra Pawar, Founder & Rajasekhar Maddireddy, Founder, CoverSelf Nehal S. Swami, Founder, RealTime Clinic, Inc. Redefining Change, Culture, and Careers in Health Care Technology End-To-End Revenue Cycle Management Solutions IMAGINE SOFTWARE :PRACTOLYTICS : Sam Khashman, President & CEO Manik Chawla, CEO 1826 Innovators Medhealth Outlook 2022 RCM8 EMPOWERING HEALTHCARE ORGANIZATIONS TO IMPROVE BOTTOM LINE T hough the healthcare sector is often considered the backbone of the country, it’s far from perfect. While there are many opportunities for improvement, one area in need of strengthening for most labs and healthcare organizations is their bottom line. Without a strong bottom line, their ability to provide care to patients across the country is jeopardized. With declining reimbursements and Innovators Medhealth Outlook 2022 RCM9 EMPOWERING HEALTHCARE ORGANIZATIONS TO IMPROVE BOTTOM LINE COVER STORYNext >