The Ohio State University Wexner Medical Center: Focusing on What Matters
Before partnering with Professional Medical Services, OSUWMC was facing two challenges: reducing their outstanding AR accounts and increasing reimbursements.
Before partnering with Professional Medical Services, OSUWMC was facing two challenges: reducing their outstanding AR accounts and increasing reimbursements.
Denials are dangerous for you and your patients. Whether you create dashboards, build software, or work toward other denial-prevention solutions, the root of most denial issues lies in messy data.
Do you use multiple data systems that can’t work together? Are you losing money because you don’t have direct access to accurate data? If so, you’re not alone. Messy data is damaging the revenue cycle for healthcare leaders everywhere, and it’s time to find solutions.
Whether it’s a phishing scam or a hacked network, a cyberattack poses a significant problem in healthcare.
Health care debts are rising rapidly, as hospitals and other medical facilities struggle to collect what is owed to them.
Value-based reimbursement complicates the revenue cycle, and organized data is key to staying on top as it becomes more prominent. When your data is out of your control, your health system and your patients lose money. If issues with disparate data systems and data silos threaten revenue cycle functionality, you can fight back with the productivity of your staff.
Value-based reimbursement complicates the revenue cycle, and organized data is key to staying on top as it becomes more prominent. When your data is out of your control, your health system and your patients lose money. If issues with disparate data systems and data silos threaten revenue cycle functionality, you can fight back with the productivity of your staff.
Tough economic times have forced a lot of hospitals to cut down on their budgets. That doesn’t mean that the quality of care should suffer, however.
Value-based reimbursement complicates the revenue cycle, and organized data is key to staying on top as it becomes more prominent. When your data is out of your control, your health system and your patients lose money. If issues with disparate data systems and data silos threaten revenue cycle functionality, you can fight back with the productivity of your staff.
Enlisting the outsourced accounts receivable management from Professional Medical Services can make your accounting that much easier.