Key takeaways: Aligning payments to suppliers with reimbursements from payers is critical for healthcare organizations striving to optimize cash flow and increase working capital. AleraCare leveraged Remitra®'s Managed Accounts Payable (AP) solution to extend payment terms, increase working capital and…
Key takeaways: Learn how Henry Ford Health implemented a top-down procure-to-pay (P2P) transformation to achieve a 79 percent touchless invoice rate. Analyzing metrics, data and robust intelligence dashboards can help identify accounts payable bottlenecks and optimize workflows. Discover how Remitra®'s check…
Key takeaways: Increased labor costs and labor availability in healthcare continue to create challenges in 2023-2024. Healthcare organizations should look to prioritize technology solutions that automate workflows to achieve greater efficiencies, boost productivity and generate cost savings. One area not…
Key takeaways: Ambulatory infusion centers (AICs) are gaining a strong foothold in the U.S. healthcare system, enabling patients with complex chronic conditions to receive ongoing treatment outside the hospital. Injectable medications are expensive and payer reimbursement can be slow, which…
Key takeaways: Employee burnout and turnover are real threats to a healthcare organization’s mission to provide quality care delivery. These staffing challenges aren’t limited to doctors, nurses and others on the front lines of patient care; a healthcare organization’s finance…
Key takeaways: Smaller providers across the Continuum of Care (CoC) are facing their own post-COVID-19 financial and labor challenges. Accounts payable (AP) automation can provide healthcare organizations of all types and sizes relief in the form of greater operational efficiencies,…
Key takeaways: To address ongoing financial pressures, forward-thinking health system leaders are looking to new areas of their organizations for solutions, revenue and cost savings – including accounts payable (AP). By reimagining their AP department and automating outdated supply chain…
Fraud and theft associated with invoices and checks have been ever-present risks in the business world, and they show no signs of letting up any time soon. According to a 2021 survey opens in a new tab report issued by the Association…
Antiquated. Inefficient. Low-tech. Not the words that come to mind when we think of the U.S. healthcare industry; yet, zero in on the supply chain invoicing and payables processes across the industry, and those same words become accurate descriptors. According…
Healthcare organization AdventHealth includes 80,000 providers and staff in physician practices, hospitals, outpatient clinics, skilled nursing facilities, home health agencies, and hospice centers across 12 states. They have nearly 50 hospital campuses and hundreds of care sites in diverse markets…
Healthcare is one of the most noble, exciting and innovative industries in the world. It’s also sprawling, fragmented and often inefficient, especially on the non-clinical operations side. As a healthcare provider or supplier, you deserve and command better, which was…
In today’s healthcare landscape, provider organizations have transitioned away from traditional file cabinets and into the digital realm. This includes everything from electronic health records (EHR) to digital interactions with insurance companies (payers) and more. Yet many health systems are…
Although the U.S. has one of the most sophisticated healthcare systems in the world, it’s far from the most efficient. Our latency, as an industry, in adopting modern technology integrations leads to significant inefficiencies in operations and in finance opens in…
Ask any healthcare leader today, “what keeps you up at night,” and you’re likely to hear some variation of “delivering the highest quality care at the lowest possible cost” as the answer. One area not to be overlooked when seeking…
CHARLOTTE, N.C. — Premier Inc. opens in a new tab (NASDAQ: PINC), a leading healthcare improvement company, today acquired substantially all the assets and certain liabilities of Invoice Delivery Services, LP (IDS), a leading provider of procure-to-pay solutions in healthcare…