The future of RCM – How technology can bring an end to reimbursement uncertainty

Improve margins and the patient experience through high PFS performance

Financial distress among American hospitals is on the rise. At least 30 hospitals entered bankruptcy in 2019, according to Bloomberg. Additionally, 2019 saw a record number of rural hospital closures with nearly 20 hospitals closing their doors.

The difficult financial circumstances faced by many of the nation’s hospitals and health systems are partly driven by an uncertain reimbursement environment. This webinar will dive into best practices for accelerating collections and improving the patient experience through better revenue cycle management.

Key points:

  • How to deploy powerful pricing strategies to resolve reimbursement and transparency concerns
  • How to apply effective use of robotic process automation to drive touch reduction
  • How to utilize trending to reduce and overturn denials
  • How to maximize revenue from aged insurance accounts receivable

ParaRev is a leader in accounts receivable recovery and resolution. The company works as a virtual extension of your hospital’s central billing office to help resolve and collect more of your insurance accounts receivables faster while improving operating margins through a seamless partnership with your internal team.

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