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Fall 2023

Converting Data into Cash

BY MICHAEL J. FERRIE, MBAPresident, Laboratory & Pathology, Coronis Health, Fenton, MO Any discussion of converting data into cash begins and ends with understanding what constitutes usable information. For the world of laboratory & pathology, usable information comes out of data elements spit out by generally horrible information systems. CPT codes? Diagnosis codes? Payers? Rejections […]

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How to Get Claim Denials Under Five Percent

BY JIM YARSINSKY, CRCE-1President, Zinserv Healthcare, Marlton, NJ The most important action a revenue cycle department can make is to implement a well-thought-out process for managing claim denials. Of course, the best way to manage denials is to avoid them in the first place, and this should be a top priority. CLAIM DENIALS CAN DRAIN […]

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Collaboration is Key to the Financial Health of Healthcare: Is your “Bottom Line” Like a Hot Air Balloon—Lost in Space?

BY LYMAN G. SORNBERGERCEO/President, Lyman Healthcare Solutions, Inc., Broadview Heights, OH The number one concern these days in healthcare is inflation, and over 70 percent of healthcare leaders say that their “financial health” is at risk. Hospitals and providers of all sizes have been on a mission now that prioritizes, among other goals, higher-quality care […]

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Four Ways to Stop Working Against Physicians: So They Can Start Working for Your Patients

BY LOUIS CARTERCEO and Founder, Best Practice Institute, West Palm Beach, FL Give physicians the right tools, technology and supportive environment required to thrive daily, and they will be much more willing to put up with the pressure, on-call shifts and time away from their families. Health system leaders often need to catch up on […]

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The Pros and Cons of Hiring Outside Consultants

BY MITCH MITCHELLPresident/CEO, T. T. Mitchell Consulting, Inc., Liverpool, NY To some, having an independent consultant write an article with the above title can look somewhat promotional or self-serving. Luckily, I’ve been on both sides of the equation, which means I have served as both an internal staffer and an outside expert. As a result, […]

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A Change in the Air

BY TONY MIRAInterim CEO For those of you who have baked for the last three months under an unrelenting summer sun, you can take a deep breath and relax, because fall is about to arrive. No more 105-degree temperatures and no more August drought. We can look forward to colorful leaves and an invigorating nip […]

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Signs of Stress: Hospitals Faced with Increasing Nursing Woes

BY JUSTIN VAUGHN, MDIVVice President of Anesthesia Compliance, Coronis Health, Jackson, MI Incoming! The exclamation is not foreign to the ears of those in the military. Those who’ve been under the incessant bombardment of the enemy are well aware that this word of warning means that another munitions round is on its way. From the […]

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