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Posted on January 17, 2020
In Innovation

Asking outdated RFP questions related to early out processes places hospitals at risk of ruling-out prospective vendors whose technology and processes surpass legacy/status quo vendors’ abilities. In the early-out world, phrasing questions that do not adequately probe/consider/assess innovation that surpasses the current knowledge/experience base, limits bonafide possibilities to materially improve recoveries and enhance your patients’ billing experience.   Today’s best practices require more--they require the science of sophisticated behavioral and statistical analytics at the account level to truly understand individual guarantors’ attributes...

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Posted on July 17, 2019
In Innovation

[vc_row full_screen_section_height="no"][vc_column][vc_column_text]When you hire a third party to assist with your hospital’s self-pay recovery efforts, access to real-time data can make the difference between a successful partnership and unsuccessful one. Your financial investment into the relationship should be a profitable one, and you should be provided with the ability to drill down into the partner’s performance and use the data generated by their efforts to further enhance the performance of your revenue cycle. CaptureNet provides its clients with a robust Business...

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Posted on April 25, 2019
In Innovation

Robotic Process Automation (RPA) is a technology powered by virtual robots that work in tandem with existing software applications to automate manual and repetitive tasks. The process does not take the place of human staff but rather uses simple rules and business logic developed by those individuals to eliminate redundant and tedious tasks. The result: less time wasted and more time spent on higher revenue generating activities. Many processes are great candidates for RPA. RPA is most valuable for processes that...

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Posted on January 10, 2019
In Client Success, Press Releases

[vc_row full_screen_section_height="no"][vc_column][vc_column_text]While over 1,000 hospitals trust MEDITECH to make business and clinical processes more efficient, the one area where MEDITECH hospitals often come up short (and often without the knowledge of hospital executives) is in the area of self-pay recovery. “MEDITECH Hospitals struggle with self-pay recovery, an accounts receivable segment where balances have increased significantly in recent years,” says Bryan Healy, Managing Principal and Co-Founder of CaptureNet. “MEDITECH does not natively address these challenges. Fortunately, CaptureNet, a fully-integrated self-pay solution rooted in...

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Posted on May 31, 2018
In Patient Collections

Mary Lee Decoster is no stranger to the challenges faced by professionals working within the hospital financial management field. Mary Lee is a 50-year industry veteran. In this interview, Mary Lee shares lessons she has learned throughout her impressive career.   CaptureNet (CN):  Thank you for agreeing to sit down with us for this interview!  Please give our community an overview of your career experience. Mary Lee Decoster (MLD): I’ve worked in healthcare receivables management for my entire career – over 50 years...

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Posted on September 7, 2017
In Press Releases

CaptureNet is a proud sponsor of the Healthcare Financial Management Association’s (HFMA) HERe initiative. The HERe initiative aims to inspire not only women but men invested in the professional development of women leaders in the health care field with the tools and resources they need to succeed.   In honor of our support for this program, we are dedicating this month’s blog to introducing CaptureNet’s Vice President of Client Operations, Amber Kirkpatrick and the contributions she has made (and continues to make)...

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Posted on June 20, 2017
In Patient Collections

According to the CDC, the Affordable Care Act has decreased the uninsured population in the United States to 9.1%.  As the number of uninsured Americans has declined, the number of Americans covered by High Deductible Health Plans (HDHPs) has increased significantly. The latest census data provided by the America’s Health Insurance Plan (AHIP) reports over 19.7 million Americans have HDHPs with these plans accounting for approximately 36% of all plan types.  Many of the individuals subscribing to HDHPs are ill-informed about...

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Posted on May 19, 2017
In Patient Collections

Have you ever considered where you may be accepting the status quo with your current practices? Are there areas in your organization you are challenged by third parties to review, but a lack of time or knowledge leads you to say, “We think we are doing a good job,” or “What we are doing is ‘good enough’”? How do you know if “good enough” is truly “good enough”? We understand. We challenge our prospective clients to challenge the status quo of their...

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