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SUMMARY:Webinar: Payor Contracting Strategy and Revenue Cycle Best Practices
DESCRIPTION:Presenter\nBruce Shepard\, Chief Revenue Officer\, Payrhealth \nRural hospitals today face significant cash flow and revenue cycle challenges\, primarily due to a combination of low patient volumes\, high rates of uninsured or underinsured patients\, and reliance on government payers along with shrinking yields and margin on commercial payor contracts. These factors lead to tighter margins\, making it difficult for rural hospitals to maintain financial stability. Additionally\, many rural hospitals struggle with outdated billing systems\, limited staff resources\, and complexities in navigating regulatory requirements\, all of which can result in delays in billing and payment collections. The cumulative effect of these challenges threatens the financial viability of rural hospitals\, impacting their ability to provide essential healthcare services to their communities. \nWebinar Objectives \n\nOverview of key components of hospital revenue cycle process\nReview of top trends and challenges impacting rural hospital’s cash flow\nActionable strategies for rural hospitals to improve their cash flow\nShowcase of PayrHealth’s solution and successes\nHow to create a strategy for your payor contract negotiations\nHow to use contract negotiations to address your hospital’s biggest challenges with payors.\nHow to get past “NO” in Payor negotiations.\n\nRegistration\n\nMember\nNon-Member – $25.00
URL:https://learntelehealth.org/event/webinar-payor-contracting-strategy-and-revenue-cycle-best-practices/
LOCATION:VIRTUAL\, United States
CATEGORIES:Webinar
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