The Six-Month Revenue Make-Over
In early 2014, Radiology Associates of Nevada faced several challenges with their existing billing operations and was contemplating a change. There were questions about denial management and collections policies, and group leaders were not satisfied with the reports they were being provided. While the group wanted to improve collections, reduce denials and boost business analytics and reporting, serious concerns existed about making a transition from the incumbent vendor. Without the cooperation of the incumbent company, the transition could quickly slide off the rails. And any significant cash drop during the changeover would have serious financial repercussions for the practice.
In just six months they:
• Increase charges by: 6%
• Increase payments: 13%
• Decreased bad debt: 47%
Sponsored by:
Change Healthcare
5 Advantages of automating the manual procedures in your ultrasound probe reprocessing workflow
February 20th 2024Automation of probe reprocessing can have multiple benefits for patients, clinicians and facilities, including improvements in efficiency, accuracy, compliance, standardization and safety. When considering process options for high level disinfection of ultrasound probes, automated systems can be an efficient and cost-effective way to prevent patients from the risk of infection. It’s time to work smarter, safer, happier, more efficiently, and accurately… not harder.
