Health iPASS Revenue Cycle Insights

Top 3 Revenue Cycle Issues for Orthopedic Practices

Posted by Allyson Howard on Jun 3, 2019 11:32:56 AM

Make no bones about it (yes, I just did that), the patient revenue cycle can be particularly challenging for orthopedic practices, more so than for many other medical specialties. Common orthopedic treatments and surgeries are some of the most common and expensive procedures out there, leaving many providers searching for a better way to get paid for their work while still remaining sensitive to the payment challenges faced by patients. For this post, we are going to take a closer look at the unique challenges faced by orthopedic practices when it comes to the revenue cycle.

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Topics: healthcare payments, orthopedic practices, patient payment

Health iPASS Makes it Easy to Change with Deep Practice Management System Integration

Posted by Allyson Howard on May 7, 2019 1:55:28 PM

How many times have you been told that change is the only constant in life? It gets pretty old, am I right? Just because things are always changing doesn’t make it any easier, especially when it comes to making major changes to your practice workflow with new technology.

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Topics: payment auto-posting, patient payment, system integration

Health iPASS Now Available in athenahealth’s Marketplace!

Posted by Imran Ahmad on Apr 16, 2019 9:55:14 AM

Ever have too many errands to run, making you wish there was a one-stop shop for all your needs? What a time and energy saver that would be, am I right? Well, hey presto! If you’re an athenahealth user, we’ve got some great news for you! Health iPASS is now an MVP Marketplace Partner available in the athenahealth® Marketplace to athena’s growing network of 120,000 healthcare providers.

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Topics: The HealthiPASS Solution, patient payment, athenahealth partnership

Working Together to Accelerate Patient Payments: Health iPASS Partners with POS

Posted by Rajesh Voddiraju on Apr 9, 2019 1:46:04 PM

It’s springtime again, folks! I don’t know about you, but I’m getting the home improvement itch! When I’m working on a project, I love using tools that have multiple capabilities through different configurations and attachments. You get a lot more bang for your buck, the different tool capabilities complement and enhance each other, and you only have to haul one box out of the shed! At Health iPASS, we love our channel partners because they allow our platform and theirs to do just that—increase the functionality of each organization’s technology and strategically leverage each other’s networks to increase our market reach.

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Topics: Partnerships, optimizing patient payments

Heard the Buzz About VC Funding and its Impact on the Revenue Cycle in Healthcare But Want to Know More? Listen to Our Latest Podcast Episode!

Posted by Allyson Howard on Apr 8, 2019 7:27:31 AM

If you have been buzzing about the healthcare startup hive,  you may be aware that venture capital (VC) funding has been steadily increasing in the healthcare space, skyrocketing 858 percent from 2010-2017.  2018 was a banner year with healthcare investments accounting for over 28% of all VC funding. If you’ve heard the buzz but are still looking for the bees, check out our latest podcast recording where we sit down with Health iPASS COO Imran Amhad to discuss what VC funding in healthcare is all about.

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Topics: VC Funding, Podcast Promotion

Looking to Accelerate Patient Payment Collections? Check In With Health iPASS at MGMA Operations and AOAO Conferences

Posted by Mike Hill on Apr 4, 2019 1:55:02 PM

Ever wish you could get a glimpse inside what your competitors are up to? Or perhaps get the inside scoop on how some practices seem to be enjoying high levels of operational success? Even if things are going well at your practice, it’s always nice to hear some of the steps others are taking that you might not have thought of. That’s why attending conferences can be such a great way to reinvigorate your efforts to create operational efficiencies and accelerate patient payments at your practice. Here are a few that Health iPASS will be attending in April.

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Topics: Conference Announcements & Recaps, patient revenue cycle, patient payment

Gain a New Perspective on Patient Revenue Cycle Issues at AMGA 2019 Booth #1901

Posted by Mark McGregor on Mar 27, 2019 2:12:33 PM

In order to see a clear solution to a complicated problem, sometimes it helps to take a step back and gain a new perspective. Let’s say your practice is struggling to find its way amid a tangle of patient payment revenue cycle woes. The best approach may be to get a view from the top to see the big picture.

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Topics: patient revenue cycle, AMGA 2019

Why Clients Love Our Performance-Based Contract Reimbursement Model

Posted by John Trader on Mar 21, 2019 12:52:10 PM

Throughout history, the basis for what made the world go ‘round (read, fueled the economy) has evolved over time. For many centuries, it was agriculture, then industry/manufacturing. These days, services are accounting for more and more of the world GDP — in fact increasing at a faster rate than other industries. Think about all the services you, your family, or your business uses. I’m not just talking about what you would obviously think of as services, like getting service on your car or at a restaurant, but also any business that provides an electronic or digital service like your wifi, logistical services like UPS or any trucking carrier, or computing service like hosting your information in the cloud.  Another trend that has been emerging within the service industry itself is a shift from a fee-for-service model to a pay-for-performance, or performance-based contracting model. But what does that mean and is it a better model?

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Topics: Patient Payments, patient revenue cycle, performance-based

Patient Payment Automation is a Manifestation of a Healthcare Culture Shift

Posted by Billy Kopp on Mar 17, 2019 1:14:42 PM

In the immortal words of Ferris Bueller of the perennial 80s favorite Ferris Bueller’s Day Off: “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” And oh, how true those words are, especially these days where today’s big news is tomorrow’s forgotten Instagram post. If you picked up 80s Ferris and dropped him down in 2019, he would be in for a serious culture shock. Pop culture has been changing so quickly, it could make you dizzy. However, some things are slow to change and catch up the expectations of today. One industry that is notoriously change resistant? Healthcare.

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Topics: price transparency, patient revenue cycle, healthcare consumerism, automation, patient payment, 2019 patient revenue cycle predictions

Need a Strategy to Collect More Patient Payments? Download Our New Card-On-File Whitepaper!

Posted by Paul Prikazsky on Mar 11, 2019 12:41:46 PM

Think about all of the industries that require a deposit, payment, or a payment method on file before they will perform a paid service. Anytime you go to a hotel, or have work done to your home, or even order takeout, you either need to provide a payment method or turn over cash upon delivery. Not so with healthcare.  Once a patient leaves their provider’s office, there is only a 40% chance that they will pay their bill. In 30% of cases, nothing is ever paid at all. Is that any way to sustain a business?

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Topics: patient payment, Card on file whitepaper, card on file

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