Shift from Fee-For-Service to Value-based Reimbursement Impacts on Revenue Cycle Loom

April 202018Shift from Fee-For-Service to Value-based Reimbursement Impacts on Revenue Cycle Loom


As a critical measure to ensure timely reimbursement payments, hospitals and physician practices must pay close attention to the intricacies of new reimbursement requirements resulting from the shift from FFS to Value-Based reimbursement which increases the onus hospitals to improve collection processes with additional pressures in collecting direct payments from patients. As a way to ensure timely receivables, providers must engage tighter processes in communicating and capturing proper information on the front end registration process, in addition to putting more focus on an effective denials management and back-end collections process.

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