Total Community Benefits Were 13.9% of Total Hospital Expenses in 2018
Revenue cycle management tracks patient revenue from the initial encounter with the healthcare system to payment of balance. Getting the seven steps of revenue cycle right helps providers avoid missteps that are costly to the bottom line.
COVID-19 has changed just about every aspect of daily life, including the way care is delivered. Looking toward a post-COVID landscape, practice leaders will need to reevaluate processes and assess the best way forward.
NMGMA leaders answer questions about challenging practice management issues.
Now in the second year after the federal Tax Cuts and Jobs Act of 2017 passed, there are a number of considerations healthcare businesses should keep on their radar as they prepare to file.
Whether it's a hospital struggling to keep enough doctors in their community or a new medical practice trying to find administrative staff or outsourcing solutions to cut costs, today's healthcare workforce environment is creating challenges that are far reaching.
Area financial and business services experts share tips and insights to get the year off to a strong start.
Compliance is king, but that's not how it should be. Since the introduction of HIPAA in 1996, the healthcare field has centered data privacy and security efforts around compliance.
As demands on practices continue to rise, some physicians are turning to Medical Services Organizations (MSOs) to handle back office functions.
Even in an uncertain landscape, healthcare deals are getting done ... but buyers and sellers are becoming more discriminate.
On Aug. 17, nearly 250 healthcare industry professionals gathered at the Westin Nashville to attend the "Developing Healthcare Ventures: Investor and Entrepreneur Collaboration" panel, an annual event put on by the Nashville Health Care Council and Nashville Capital Network (NCN.)
LBMC, one of the Southeast's largest accounting and business consulting firms, recently announced Andrew C. Eckstein has been named shareholder, helping lead the firm's Transaction Advisory Services Practice.
Derek McLaren recently joined LBMC, PC's Nashville office, where he serves as lead post-acute healthcare consultant in the healthcare consulting group.
If Nashville had a city bird, it would be a crane ... no, not the long-necked, long-legged avian but the soaring steel tower cranes that seem to dot the sky in every direction.
Changes to R&D tax credits and specifications within the PATH Act could impact the tax returns for providers and other healthcare businesses.
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