Health iPASS Revenue Cycle Insights

Allyson Howard

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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

28 States Have Enacted Healthcare Price Transparency Legislation. It’s Time to Do Better!

Posted by Allyson Howard on Mar 2, 2019 8:00:00 AM

You may have heard the phrase, “Build a better mousetrap, and the world will beat a path to your door," which is often attributed to Transcendentalist writer and philosopher Ralph Waldo Emerson. This quote embodies the power of innovation to solve even the smallest problems. But what if your problem was much bigger than a mouse? What if it involved an enormous industry that makes up 17.9 percent of the U.S. GDP, an industry where life and death literally hang in the balance? What if that industry was hemorrhaging money, with skyrocketing costs beyond any other developed country sometimes without the quality to justify such costs? You have likely guessed that we are speaking of the healthcare industry. The “mousetrap” here are the current efforts to increase healthcare price transparency. And you know what? Many providers need to do something better.

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Topics: Patient Payments, price transparency, healthcare consumerism

Patient Payments Crystal Ball with Rajesh Voddiraju: Predictions for 2019

Posted by Allyson Howard on Jan 5, 2019 6:00:00 AM

Ah, the beginning of a new year. It’s a time to look back and do some self-reflection on what worked for you and what didn’t in 2018. A new year presents the opportunity to make a change for the better (who doesn’t love that?). And of course, it’s a time of predictions and hopes for the coming year. Wondering what’s next for your patient revenue cycle? Let’s consult our resident expert, Rajesh Voddiraju, on his 2019 patient revenue cycle and patient payment  forecast. He dusted off his famed “patient revenue cycle crystal ball” once again in order to provide the following insights.

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Topics: Patient Payments, patient revenue cycle, optimizing patient payments, improved patient experience, patient payment

Top Three Patient Revenue Cycle Misconceptions—And a Winner of Our Facebook Quiz Giveaway!

Posted by Allyson Howard on Dec 15, 2018 6:00:00 AM

Psst—how would you like to make $100 for two minutes of your time? If that sounds good to you, sorry to say that you missed your chance—this time. If you follow Health iPASS on any of our social media channels, you might have seen our quiz entitled, “Are You a Patient Revenue Cycle Expert?” which tested participants on their knowledge of some surprising statistics behind collecting patient payments. Those who took the quiz were entered to win a $100 Amazon gift card, just in time for holiday shopping.

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Topics: Credit Card on File, Patient Payments, The HealthiPASS Solution, automation

Test Your Knowledge of the Patient Revenue Cycle with Our New Facebook Quiz, and Be Entered to Win a $100 Amazon Gift Card!

Posted by Allyson Howard on Oct 29, 2018 8:25:31 AM

Facebook quizzes can be fun, but most of the time they are fluff pieces created to suck away your time with very little long-term or educational value. Sure, sometimes it's tempting to “Find Out What Cheese You Are Based on Your Zodiac Sign” or discover “Do You Know More About Donuts Than Your Friends?” but what do you really get out of it beyond losing several minutes of your time your will never get back?

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Topics: The HealthiPASS Solution, patient revenue cycle, optimizing patient payments, Health iPASS giveaways

Webinar Today! Accelerating Patient Revenue Performance Through Automation with Special Guest Kate Cullip from Colorado Allergy & Asthma Centers

Posted by Allyson Howard on Sep 27, 2018 8:40:36 AM

We hope that you can join us today at 2pm EDT for a special webinar on the value of automating your patient revenue cycle to accelerate positive performance. We are pleased to be co-presenting today with Kate Cullip, Business Office Director at Colorado Allergy & Asthma Centers who has been using the Health iPASS check-in and patient revenue cycle solution since April of 2018.

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Topics: Revenue Cycle Management, Patient Payments, patient revenue cycle, revenue cycle, Webinars, Colorado Allergy & Asthma Centers

Paperless Billing Helps You “Get More Green” with Our Patient Revenue Cycle Management Solution

Posted by Allyson Howard on Jul 21, 2018 6:00:00 AM

Jim Henson’s beloved character Kermit the Frog famously said, “It’s not easy being green.” However, due to the technological advances in our modern society, going green has actually become simpler and more beneficial to businesses and consumers than ever. How can healthcare providers do their part? One significant step in the right direction is switching to a paperless billing and payment system.

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Topics: Patient Consumerism, patient pay, Paperless Billing

Cultivating Your Online Reputation to Boost Patient Retention

Posted by Allyson Howard on May 31, 2018 1:19:52 PM

I live in the Chicago suburbs, and during this time of year, everyone is outside working on their lawns. Right now, my lawn looks beautiful—lush and green, free of weeds and carefully mowed in attractive lines. Call me lawn-obsessed, but when I see a dandelion appear in the middle of my pristine lawn, I’m out there with a trowel ready to dig it up. As the summer gets hotter, our lawn must be watered as much as possible within the limits established by our town, so it doesn’t become a yellow, brittle mess.

Just like a suburban lawn, the online reputation of small businesses, including medical providers, must be judiciously maintained. Bad reviews can be like those pesky dandelions—no matter how pretty the rest of the lawn is, just a few of them can be what visitors to your home see first.

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Topics: Patient Perspective, Patient Satisfaction, Patient Retention, price transparency

Are Inefficient Patient Revenue Cycle Practices and A Lack of Price Transparency Damaging Everyone's Health?

Posted by Allyson Howard on May 13, 2018 3:03:05 PM

As a kid who was fascinated by science and machines, I was delighted to learn about the concept of the Rube Goldberg machine. If you don’t remember what a Rube Goldberg machine is, watch this video depicting a Rube Goldberg photo booth. I promise, you will be enchanted! A Rube Goldberg machine is defined in Webster’s Dictionary as “a comically involved, complicated invention, laboriously contrived to perform a simple operation.” These machines are often characterized by a long series of actions that finally loop around to complete a small task such as turning the page of a book or pouring breakfast cereal into a bowl. Rube Goldberg machines are classic fodder for the school science fair, intended to educate children about machines and entertain onlookers.

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Topics: Financial Transparency

Is Improving Your Revenue Cycle the Secret to Patient Retention?

Posted by Allyson Howard on Apr 18, 2018 7:38:12 AM

In a world where online bill payment has become the norm, the healthcare industry has woefully lagged behind when it comes to providing convenient and transparent billing and payment methods.

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Topics: Revenue Cycle Management, Patient Consumerism, Patient Retention, Medical Billing

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