Healthcare execs, do you know what’s in your chargemaster?

Healthcare execs, do you know what’s in your chargemaster?

A hospital’s charge description master (CDM), or chargemaster, is often referred to as the “heart” of the healthcare revenue cycle. It includes codes for every procedure, material used, medication, and service that a healthcare organization provides its patients. It...
Want to get the most bang for your tech bucks? Stop automating bad practices.

Want to get the most bang for your tech bucks? Stop automating bad practices.

The business world seems to be moving in the direction of business process automation, yet in the healthcare industry only about 20% of provider organizations are widely engaging in hospital financial automation, according to a new Black Book CFO survey. Automation...
Want to make the right permanent hire? Hire an interim first

Want to make the right permanent hire? Hire an interim first

When an executive leaves unexpectedly or a major personnel changes occur in your organization, the void is felt at all levels of the organization. Rather than rushing to return to a feeling of equilibrium, I believe one of the best ways to make the right permanent...