Healthcare Administration Archives - Sift Healthcare
CEO Perspectives: Health Systems Are Wrong About Their Denial Rates
I don’t mean that to be provocative, I mean it literally. The number any given hospital revenue cycle team reports as its denial rate is almost certainly not its denial rate. Upstream Revenue Loss Most health systems measure denials through...
AI, Technology & Compassion. Give it a listen.
Sift's Blake Sollenberger and Affinity Strategies' Claire Vincent talk about the impact of AI on healthcare payments. They cover the challenges health systems face as they increasingly act as financial lenders, the importance of a positive patient experience in billing,...
The Revenue Cycle Is Ready For AI… Are You?
AI can drive payments and cut waste, but where do you start? Download our roadmap for healthcare executives, AI for the Healthcare Revenue Cycle, a free and unbiased implementation guide.
Want To Add AI to Your Revenue Cycle? Data Intelligence is the First Step.
So you want to add AI to your revenue cycle? You have to start by establishing a solid foundation of data intelligence. This comes from normalizing and organizing payments data in a way that provides actionable insights.
Healthcare Providers Have Become Lending Organizations
Every day healthcare providers are extending credit in the form of care, and they have little idea whether, how much or when they will be paid. It’s time for healthcare providers to start deploying well-established data science and analytics tools...
The 25% Challenge
Sift Healthcare is proud to be participating in AVIA's 25% challenge, aimed at helping US health systems adopt digital technologies that will reduce the notorious administrative waste in healthcare.
Thank You For Prioritizing Care
At Sift Healthcare we have seen time and time again that healthcare leaders are clear on care. When we talk to healthcare leaders, from CFOs and VPs of Revenue Cycle to CTOs and Chief Innovation Officers, they always start and...
The Impact Of The Chief Innovation Officer
Hats off to the Chief Innovation Officers. 97% of health systems that have Chief Innovation Officers also had positive operating margins. For healthcare providers, a commitment to innovation and strategic change improves the quality of care, patient experience and financial...
Hospital CFO’s & The “Negligible” Use Of Data Analytics
93% of healthcare administrators say that data analytics are “crucial” to future healthcare operations. At the same time, 84% say the usage of advanced analytics at their organization is “negligible”. In healthcare payments, there are three key roadblocks to the...
Want To Control Your Cost To Collect & Utilization? You Need A Holistic View Of Your Healthcare Payments.
Every healthcare CFO and revenue cycle leader should be looking at their insurance payer payments in relation to patient payments -- identifying how they relate and influence one another. This is essential intelligence in an ever-complex revenue cycle.