Healthland acquires Rycan for revenue cycle

Healthland acquires Rycan for revenue cycle Healthland, one of 7 Medical’s direct customers, is an IT development group for rural and community hospitals. Recently, they acquired Rycan to broaden their revenue cycle management (RCM) offering. Rycan, based out of Minnesota, will continue focusing on expansion within large health systems. The acquisition will help strengthen Healthland’s…

5 IT challenges of supporting value based reimbursements

5 IT challenges of supporting value based reimbursements The technological obstacles to addressing Value-Based Reimbursement are many — and it all starts with confusing language that does not clearly address the system changes needed. Take the Patient Centered Medical Home (PCMH) concept, for instance. PCMH alone might have any one of 10 or more different…

Five impacts for radiology reimbursement in 2015

Five impacts for radiology reimbursement in 2015 As radiologists welcome a new year, they must also continue to meet the challenges delivered by healthcare reform and adapt to changes. This includes enhanced utilization of available data that is necessary for practices to make informed decisions and long-term, significant changes for business sustainability. That being said,…

Why providers should charge like hotels

Why providers should charge like hotels The prices of healthcare services and how they are displayed are hot topics of debate in healthcare, especially as consumer responsibility increases due to the shift to high-deductible health plans. Countless articles have been published in support of the “restaurant model” for price transparency. Most notably, Time magazine published…

What is driving claims in healthcare about EHR usability?

What is driving claims in healthcare about EHR usability? Over the past several months, healthcare association and industry reports have highlighted the importance of EHR usability to the success of healthcare organizations and providers providing efficient, effective, and safe patient care. In 2014, the American Medical Association (AMA) released a new framework comprising a multitude…

Metrics and analytics pose different challenges for rural hospitals

Metrics and analytics pose different challenges for rural hospitals Rural hospitals must track many of the same business metrics as their suburban and urban cousins, although there are a few key issues of more significance to healthcare facilities in less populated areas. “Like larger community hospitals, days cash on hand and keeping both gross and…