Revenue leakage – defined in this case as the loss of reimbursement due to revenue cycle management (RCM) issues or inefficiencies – has long been an issue in healthcare. McKinsey & Company reports that today these inefficiencies consume 15 cents of..
Welcome to the ZirMed Connections blog! This is your direct connection to the insight from ZirMed’s massive cloud-based network of more than 300,000 healthcare providers, millions of patients and billions of healthcare transactions. You’ll hear from ZirMed’s leaders on the hottest topics in the healthcare industry and the inside scoop on the latest technology projects and company updates.
“That’s the way we’ve always done it.” Who among us hasn’t heard that phrase at some point in our careers?
It’s definitely a common refrain in business. Change can be difficult, which means it’s much easier to continue doing what you’ve always done,..
Hospitals and physician groups are facing what is perhaps the greatest recent challenge to their bottom lines—the growing portion of the medical bill that is charged to patients. While in the past healthcare providers have shrinking reimbursements..
As the rules and requirements around health insurance continue to increase in complexity, and financial pressures intensify due to the transition from fee-for-service to value-based billing, more healthcare providers are beginning to look to..
CMS recently released the Outpatient Prospective Payment System (OPPS) Final Rule for 2017. For organizations that have provider-based clinics, this year’s final rule offers guidance as to the changes in how reimbursement will be handled. Let’s take a..