Avelead News

Check out what’s happening around Avelead and in the healthcare world today!

Understanding Revenue Integrity in 2022

Understanding Revenue Integrity in 2022

What is Revenue Integrity? Have you ever experienced troublesome revenue leakage or compliance risks that snowball into bigger dilemmas? There’s actually an answer to those problems! Revenue integrity is the practice of solving those issues. Once referred to as...

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Expert’s Corner: Daniel Rasmussen for Avelead ContractID

Expert’s Corner: Daniel Rasmussen for Avelead ContractID

Avelead’s Daniel Rasmussen is the mastermind behind Avelead ContractID, a software that helps hospitals gain leverage and insight into all their contracts. With his years of experience in the healthcare technology field, he has been able to help hospitals discover...

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Expert’s Corner: Dan Hildebrandt for Avelead CashID

Expert’s Corner: Dan Hildebrandt for Avelead CashID

Avelead’s Dan Hildebrandt has built an excellent reputation as the go-to guy for everything that involves Avelead CashID, a software that helps hospitals reconcile their financial deposits. With his extensive experience, he, along with Avelead’s other experts, has...

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The 4 Best Benefits of a Healthcare Audit for Your Hospital

The 4 Best Benefits of a Healthcare Audit for Your Hospital

Healthcare Auditing to Fix Gaps A hospital’s state of being revolves around policies and procedures that encourage accuracy and accountability. Even with them, many healthcare organizations still have weak spots that haven’t been identified, or ones that staff don’t...

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The Best Steps to Fix Your Revenue Cycle Management

The Best Steps to Fix Your Revenue Cycle Management

To say that a hospital’s revenue cycle always has room for improvement is an understatement. Many times, they need to be completely reconstructed because the collection of billing and filed claims was too complicated and inefficient to stay competitive. Even when they...

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Best Practices to Optimize a Hospital’s Chargemaster

Best Practices to Optimize a Hospital’s Chargemaster

A hospital’s chargemaster is a finely tuned system that must be maintained to ensure it is being used to the best of its abilities. This means that a chargemaster that has been properly maintained can be the difference in whether a hospital remains in compliance with...

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How Hospitals Can Stay Competitive

How Hospitals Can Stay Competitive

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...

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Daily Charge Capture Reconciliation

Daily Charge Capture Reconciliation

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...

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Managing Change Control in Healthcare

Managing Change Control in Healthcare

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...

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EMRs vs. EHRs: Which One Should I Choose?

EMRs vs. EHRs: Which One Should I Choose?

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...

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3 Tips to Transform Your Revenue Cycle Management

3 Tips to Transform Your Revenue Cycle Management

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...

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Healthcare Claims: The Role of 835s and 837s

Healthcare Claims: The Role of 835s and 837s

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...

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Master Healthcare Accounts Receivable Discrepancies

Master Healthcare Accounts Receivable Discrepancies

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...

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Revenue Cycle Management – A Comprehensive Guide

Revenue Cycle Management – A Comprehensive Guide

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...

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