Clearwater, FL (PRWEB) May 29, 2013
The dramatic impact the Affordable Care Act and other reforms will have on revenue cycle management – the lifeblood critical to the financial well-being of healthcare providers – is analyzed in a new white paper available from Pyramid Healthcare Solutions as a part of its thought leadership series.
Titled “6 Critical Impact Factors on Revenue Cycle Management in the Health Reform Era,” the white paper provides insights on those areas most affected by reforms, including reimbursements and cash flow pressures, higher patient volumes, new payment models, ICD-10 transition, industry consolidation and outsourcing.
The white paper explores how hospitals and other healthcare providers should examine their entire revenue cycle operations and adapt their thinking and methodologies to better meet the new realities of the healthcare financial landscape.
“Over the next few years the healthcare industry will undergo a fundamental change,” stated Nav Ranajee, Vice President of Sales and Marketing at Pyramid. “In this white paper we explore how movements to Accountable Care Organizations, reimbursement pressures and industry consolidations will require an extensive review of revenue cycle people, process and technologies.”
Planning for the ICD-10 transition and revenue cycle outsourcing strategies for services such as coding and cash collections also are explored.
Perspectives on these key revenue cycle issues are available at no charge by downloading the white paper at the Pyramid Website here.
About Pyramid Healthcare Solutions
Founded in 1985, Pyramid Healthcare Solutions partners with healthcare providers to assess, validate and resolve gaps in their revenue cycle, leading to improved and sustainable financial results. Owned by Avantha, Pyramid offers a complete best-practice suite of revenue cycle solutions, including coding services (on-site and remote), HIM services, cancer registry, revenue cycle, revenue discovery, charge capture, accounts receivable management, patient financial services, human resources, managed care services, and education and training. Headquartered in Clearwater, Fla., Pyramid employs more than 300 credentialed, knowledgeable healthcare professionals and best practices developed with more than 500 clients. For more information on Pyramid Healthcare Solutions, visit http://www.pyramidhs.com.
The US$4 billion Avantha Group is one of India’s leading business conglomerates. Its successful entities, in addition to Pyramid Healthcare Solutions, include BILT, Crompton Greaves, Avantha Power & Infrastructure, The Global Green Company, Biltech Building Elements, JG Containers Sdn Bhd, Solaris ChemTech, and Salient Business Solutions. With an impressive global footprint, Avantha operates in more than 20 countries, employing over 22,000 people worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, insurance food processing, glassware, chemicals, farm forestry, IT and ITES. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors. For more information on Avantha group, please visit http://www.avanthagroup.com.
Avantha PR Contact: Shravani Dang, VP & Group Head - Corporate Communications, Avantha, Tel: +91 9811261080, Email: s.dang(at)avanthagroup(dot)com.