One of the most overlooked yet critical components of a successful Epic revenue cycle implementation is the thoughtful evaluation of current third-party vendors and tools. As your organization transitions to Epic, failing to assess which systems should be retired, retained, or integrated can lead to duplicate functionality, poor data flow, and wasted spend.
Implementing Epic’s revenue cycle suite is one of the most critical undertakings a health system can pursue. While much attention is given to system build and go-live timelines, one of the most overlooked – and often most disruptive – elements is what happens to your people during this transition.
OverviewSystem conversions necessitate extensive planning, design, resource commitment, and resource alignment. One of the key components of a successful conversion that sometimes gets underestimated or overlooked is the strategy for the legacy system accounts receivable (AR). One of the first decisions likely to be considered when evaluating your legacy AR is the idea of conversion vs. pursuing an AR rundown strategy. This decision is likely evaluated around the criteria of legacy process and [...]
When healthcare organizations outsource their Revenue Cycle Management (RCM), they can “potentially” experience noteworthy cost savings and improved efficiency. Nonetheless, managing an outsourcing partner and achieving desired outcomes comes with its own set of challenges and oftentimes significant setbacks in performance. There are several tactics organizations can implement to mitigate some of these risks. To maximize a successful partnership, healthcare organizations must establish Service Level Agreements (SLAs) that are clear, measurable, and [...]
