Digital Transformation in Healthcare Finance
No aspect of the world has gone untouched by the massive digital transformation over the past few years. While many fields have been digitally transformed, digital transformation in healthcare has ...
2022 Healthcare Financial Trends: Challenges and Opportunities
Although the worst of the COVID-19 pandemic may be behind us, the results of the pandemic — including rising expenses in healthcare — are lingering. One study found that healthcare spending in 2020 ...
Healthcare Finance Software & HIPAA Compliance
As data breaches continue to threaten businesses of all types, healthcare professionals have a lot at stake. The Health Insurance Portability and Accountability Act (HIPAA) is a behemoth of a force ...
How to Choose the Right Healthcare ERP
If your healthcare organization has outgrown your basic accounting software and you're looking for more functionality and integration with other systems, you may want to find an ERP specific to ...
Healthcare Finance KPIs You Should Be Tracking
The healthcare industry has gotten more regulated, competitive, and data-centric than ever. This means that your healthcare organization needs to do whatever it can to ensure that it is accurately ...
Challenges and Opportunities in Healthcare Finance for Rural Health Organizations
Rural healthcare organizations serve their communities as the key point of care for roughly 20 percent of Americans. Due to the location, rural healthcare organizations face significant healthcare ...
Congratulations to our friends at Cerner Corporation
As Cerner states, Healthcare is too important to stay the same. And we completely agree.
What Are The Different Types of Healthcare Software?
Healthcare information technology is predicted to reach a value of $511 billion by 2027. Healthcare software is becoming even more prevalent and important as the COVID-19 pandemic continues. With ...
The Top Five Healthcare Blogs Finance Professionals Should be Following
It’s vital for finance healthcare professionals to stay abreast of what’s happening in their industry, especially since events like COVID-19 have dramatically reshaped how healthcare is delivered on ...
What is Healthcare Cost Accounting? How Do Hospitals and Other Healthcare Organizations Use It?
It can occur on a spreadsheet or a scrap of paper. Or with a misplaced digit or a mistyped decimal point. A harmless accounting error becomes a harmful mistake. A simple discrepancy turns into a ...
What Type of Accounting Do Hospitals Use?
Being able to explain the fundamentals of hospital accounting is important for a number of reasons. First, the accounting team needs to understand what systems and healthcare accounting software they ...
What is the Difference Between Patient Accounting & Hospital Accounting?
Hospitals have one of the most complex accounting structures. In addition to multiple internal entities and closely integrated third-party partners, patient accounting has to deal with different ...