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Epic River Blog

The latest news and industry trends

How to Increase Revenue with an Integrated Patient Financing Program

on Aug 9, 2019 3:30:31 PM By | Haley Clark | 0 Comments | Patient Financing
According to a recent report by Bain, M&A activity has been ramping up in the healthcare industry. Last year, total deal valuation reached an all-time high of $435 billion, an amount that is only expected to increase in 2019 and beyond.
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Why Your Hospital is Losing Accounts Receivable and How Patient Financing Can Stop It

on Aug 6, 2019 1:59:44 PM By | Haley Clark | 0 Comments | Patient Financing
In 2018, a prominent Illinois hospital reported a $92 million accounting error after discovering they had heavily overestimated their accounts receivable (AR).
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Why Banks Should Serve Distressed Communities with Patient Financing Services

on Jul 11, 2019 10:03:00 AM By | Haley Clark | 0 Comments | Patient Financing
The new 2017 tax law is projected to provide $6 million in capital to economically distressed communities across America. The law will provide incentives for financing property development, startups, and small businesses.
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5 Reasons to Outsource Revenue Cycle Operations Like Patient Financing

on Jul 8, 2019 9:59:44 AM By | Haley Clark | 0 Comments | Patient Financing
With more hospitals outsourcing billing and other revenue cycle operations, the medical billing market is projected to hit $19.7 billion by the year 2026. There are revenue cycle management programs to help you with accounts receivables, denials, bad debt, and more.
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Why Competitive Healthcare Providers are Investing in Digital Innovations Like Patient Financing

on Jun 7, 2019 11:08:30 AM By | Haley Clark | 0 Comments | Patient Financing
According to a Black Book Research survey, 8 in 10 healthcare CFOs think the long-term survival of a practice hinges upon digital transformation.
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Three Healthcare Services that Benefit from Patient Financing Services

on Jun 4, 2019 1:21:26 PM By | Haley Clark | 0 Comments | Patient Financing
The health insurance crisis is causing just as many problems for providers as for patients.
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Patient Financing Programs and Other Innovations in Revenue Cycle Management Services

on May 10, 2019 11:08:54 AM By | Haley Clark | 0 Comments | Patient Financing
Revenue cycle management tools are among Deloitte’s top 10 innovations in healthcare.
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How to Reduce Employee Burnout with Patient Financing

on May 7, 2019 11:38:35 AM By | Haley Clark | 0 Comments | Patient Financing
Poor employee well being is associated with a higher prevalence of medical errors. It’s no wonder then that healthcare providers are looking for ways to improve employee morale.
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Patient Financing, AI, and More: Predictions in Revenue Cycle Management for 2019

on Apr 9, 2019 12:33:51 PM By | Haley Clark | 0 Comments | Patient Financing
On Thursday, Healthcare Finance presented Seth Cohen of OODA Health’s predictions for revenue cycle changes by the end of 2019.
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How Patient Financing Helps Mitigate Declining Margins in Healthcare

on Apr 2, 2019 2:20:12 PM By | Haley Clark | 0 Comments | Patient Financing
Hospitals’ operating margins have decreased by 38.7% since 2015. One main cause explains this decline: expenses are growing at a faster rate than revenues.
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