Avelead News
Check out what’s happening around Avelead and in the healthcare world today!
What is Charge Capture’s Role in Healthcare?
What is Charge Capture? Charge capture is the practice of health care providers documenting performed services in a chargemaster and then submitting those charges for payment from a patient or insurance provider. After a patient has completed their visit, the hospital...
What Are CPT Codes?
In healthcare, CPT (Current Procedural Terminology) codes are numbers used to describe the tests, surgeries, evaluations, and any other medical procedure performed by healthcare providers at an institution or hospital. Published twice a year and maintained by the...
Revenue Integrity and Healthcare
What is Revenue Integrity? Revenue integrity is the practice of translating patient experiences to revenue in a healthcare organization and avoiding revenue leakage or compliance issues. Once referred to as “revenue optimization,” the term “revenue integrity” is a...
Avelead Partners with USA Health in System-Wide Cerner Millennium Upgrade
We're happy to announce that Avelead is now a member of the Streamline Health family! With our shared mission to be leaders in healthcare revenue integrity, we’re excited to see what the future holds for both companies. Read the press release below outlining the...
Streamline Health® Expands SaaS Portfolio Through Acquisition of Avelead
We're happy to announce that Avelead is now a member of the Streamline Health family! With our shared mission to be leaders in healthcare revenue integrity, we’re excited to see what the future holds for both companies. Read the press release below outlining the...
Three Ways Third-Party Software Vendors Can Help a Hospital Increase Their Patient Satisfaction
With all the pressure and requirements of today, it’s more important than ever for hospitals to mobilize their organizations so they can put more focus on patients’ quality of care. The issue is that a hospital can leave itself vulnerable to errors, revenue leakage,...
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...
Transforming Healthcare with Technology: How Better Care Has Been Created
Technology in Healthcare To say that technology has transformed healthcare is an understatement. The use of technology has not only made patient care more reliable, but it has given hospitals insight into data they didn’t have access to before with manual processes....
The 4 Best Ways to Transform Your Revenue Cycle Management for Better Patient Satisfaction
Your revenue cycle management (RCM) and patient experience go hand-in-hand. If you have proper practices put into place to handle your revenue integrity, your patients won’t have to be vulnerable due to any errors from your side. That also means that you and your...
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...
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...
How Healthcare IT Consulting Can Benefit Your Organization
Because of fast-paced environments within hospitals, making any sort of change can be difficult since major problems can often start at the foundation level. To even start the recovery process, healthcare organizations will have to isolate each issue and be honest...
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...
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...
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...
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...
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...
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...
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...
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...