by Connie Lee | Apr 14, 2021 | Avelead, Blog
On a regular basis, hospitals use their chargemaster price as a base price when they are negotiating with private insurance providers, but it doesn’t stop there. Current market fluctuations are the ultimate decider, forcing the hospital and providers to agree upon a...
by Connie Lee | Apr 2, 2021 | Avelead, Blog
A healthcare organization’s revenue cycle can quickly become chaotic if there aren’t proper practices put in place to maintain it. The charge reconciliation process is a necessity because it allows fast and accurate charge capture and resolution of any pending...
by Connie Lee | Mar 17, 2021 | Blog, Uncategorized
Over the last decade, systems within healthcare organizations have experienced numerous, transformational changes to bring efficiency and structure. All departments have gone through some kind of change but most of the alterations can be attributed to those sectors...
by AveleadMarketing | Mar 4, 2021 | Blog, MBAT
Healthcare records are an integral part of a hospital, but they come in several different forms including paper, EMR, and EHR. If you’re thinking about an EHR or EMR conversion, it’s important to know which one is a better fit for you. What exactly is the difference...
by AveleadMarketing | Feb 17, 2021 | Blog, Rev Cycle
Revenue cycle management is a multi-faceted process that touches all parts of a hospital. Hospitals not prepared to take control of their revenue flow find themselves leaking millions as their bottom line falls away. These are challenging times for hospitals around...
by AveleadMarketing | Feb 3, 2021 | Blog, MBAT, Rev Cycle
Intro Recovering healthcare claims from insurance providers is an essential part of good revenue cycle management, but the process is convoluted. This claims process revolves around two different files. 835s, and 837s. These files can be understood as the bill and the...
by AveleadMarketing | Jan 21, 2021 | Blog, Data Comparison, Rev Cycle
Intro Processing healthcare claims is an essential step in the revenue cycle management journey. From the 837s to the 835s, it’s a long process, and not always an easy one. Even if you handle every step correctly, at the end of the day the payors may just deposit the...
by AveleadMarketing | Jan 7, 2021 | Blog, MBAT, Rev Cycle, Revenue Identification
Intro The healthcare revenue cycle is the flow of money through a hospital. Revenue cycle management is the process of finding, gathering, and managing that flow of revenue from patients and payers to ensure monetary stability and success. On this page, we will unpack...
by AveleadMarketing | Dec 3, 2020 | Technology, Blog, MBAT
Intro The last couple of decades have seen a significant shift in the healthcare world. Clinical and financial systems are switching from paper to electronic, and hospitals that can’t keep up will be left in the dust. This electronic health record (EHR)...
by AveleadMarketing | Dec 1, 2020 | Blog, Technology
Overview In the last few decades, an increasing number of hospitals have sought to keep up with the technology boom by outsourcing their IT to third-party consulting firms. In 2020, that trend has risen exponentially as hospitals scramble to deal with the Covid-19...
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