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The Human Side of Healthcare Debt Collection

The Human Side of Healthcare Debt Collection

by Nicholas Sachs | Apr 25, 2024 | Patient Experience, Revenue Cycle Optimization

Summary Healthcare debt is a growing concern in the United States, placing a significant burden on both patients and providers. While Artificial Intelligence (AI) is making waves in the debt collection industry, this paper argues that a human-centric approach focused...
Keeping Rural Healthcare Afloat: Midwestern Financial Struggles

Keeping Rural Healthcare Afloat: Midwestern Financial Struggles

by Nicholas Sachs | Mar 20, 2024 | Revenue Cycle Optimization

The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial...
Beyond the Bottom Line: Dignity, Respect & Netback

Beyond the Bottom Line: Dignity, Respect & Netback

by Nicholas Sachs | Feb 21, 2024 | Revenue Cycle Optimization

Healthcare collections often carry a negative connotation, conjuring images of aggressive tactics and strained relationships. But what if it didn’t have to be that way? At RevCycle, we believe that dignity, respect, and patient understanding are not just ethical...
Holiday Collection Policy Tips from the RevCycle Heroes

Holiday Collection Policy Tips from the RevCycle Heroes

by Nicholas Sachs | Dec 7, 2023 | Revenue Cycle Optimization

The holiday season is a time for giving and receiving. It’s also a time when many businesses experience an increase in delinquent payments. This can put a strain on your staff and increase your operating expenses. Reducing delinquent payments during the holiday...

Healthcare RCM: Here Come the Corporations!

by Nicholas Sachs | Jul 20, 2022 | Revenue Cycle Optimization

Make no mistake, the healthcare industry is rife for new entries across a wide span of verticals and corporate America has taken note. This is due to the cost burden crushing consumers and employers alike; and is a natural extension of the increased consumerism...
Alleviating Financial Pressure in the New Normal

Alleviating Financial Pressure in the New Normal

by Nicholas Sachs | Apr 5, 2021 | Revenue Cycle Optimization

It has now been over a year since COVID-19 arrived in the U.S., wreaking havoc on healthcare’s already thin margins while creating new financial pressure. As early as March 2020, hospital revenue streams began taking a huge hit due to the cancellation of elective...
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