Medical practice administrators, clinic owners, and IT managers often look for practical ways to improve financial results without hurting patient satisfaction.
One important area that can affect both money and patient experience is patient access.
Patient access means the first administrative and operational tasks between patients and healthcare providers.
This includes scheduling appointments, patient registration, insurance checks, and getting approval before services.
Improving these steps helps reduce delays, lower claim denials, and cut financial losses.
That leads to better revenue cycle management (RCM) in healthcare.
The revenue cycle starts with patient access.
If there are mistakes or delays here, they affect billing, payments, and cash flow later.
Healthcare organizations that improve patient access see benefits such as:
The 2021 National Healthcare Quality and Disparities Report points out four main factors that affect patient access:
health insurance coverage, having a regular care provider, difficulty in getting treatment, and timely care.
These affect how patients connect with healthcare and the money results from those services.
Many healthcare providers face common problems with patient access that affect their revenue cycles:
A case study at Lawrence General Hospital showed that poor workflow and technology caused less revenue, more write-offs, and late claim filings.
After improving workflow and technology, the hospital had a 3.4% increase in net revenue, $8.5 million yearly gains, fewer write-offs, and happier staff.
Medical managers and healthcare leaders can improve revenue by focusing on:
Automated scheduling systems cut errors and make patient check-in smoother.
Pre-registration lets staff check insurance, gather info, and give cost estimates before visits.
Studies show good scheduling lowers wait times and eases admin work, helping both operations and patient loyalty.
Checking insurance coverage early is key to getting paid.
Automated tools check coverage, co-pays, and possible gaps before services start.
This cuts denied claims because of coverage issues.
Providers using automation see fewer denials, better cash flow, and higher collections.
For example, a California network reduced denials by 22% and saved 35 staff hours weekly by automating verification.
Getting approvals before treatment can be slow and cause payment delays.
Changing workflows and using technology to handle authorizations better cuts denials and speeds payments.
St. Charles Health System improved revenue by automating these steps.
Patients want clear info about costs and coverage upfront.
Explaining expenses and payment options early reduces confusion and unpaid bills.
Flexible payment plans and online tools improve patient satisfaction and timely payments.
Regular staff training on insurance, billing, and communication helps reduce errors.
Standard processes for registration and verification lower mistakes and improve compliance.
Healthcare providers in the US are using artificial intelligence (AI) and automation more to handle patient access and revenue cycles.
These tools reduce manual tasks, speed up processes, and improve accuracy.
AI can take over tasks like insurance checks, approval requests, and data validation.
Tools such as robotic process automation (RPA) and natural language processing (NLP) make insurance verification and claims review faster and less error-prone.
A 2023 survey reported 46% of hospitals use AI in revenue management, and 74% use some automation.
Benefits include:
Generative AI helps with tasks like finding duplicate records, improving clinical notes, managing authorization steps, and writing appeal letters.
This supports better workflow alignment so tools and processes work well together.
AI also helps with patient payments by creating payment plans, sending billing reminders, and answering questions with chatbots.
This improves payment rates and patient experience by making billing clearer and easier to understand.
AI billing agents have increased cash flow up to 300% and shortened patient collection times to about 13 days in some organizations.
To get the most from AI, healthcare providers must fit the technology with current workflows and train staff to use it well.
Technology alone won’t fix revenue cycles without good integration and process changes.
Hospitals like Lawrence General and St. Charles have improved revenue by combining technology, workflow upgrades, and staff management.
Healthcare managers should watch key performance indicators (KPIs) to improve patient access and revenue cycles.
Important KPIs include:
Tracking these helps spot problems and revenue leaks.
Using dashboards and analytics lets leaders change workflows, train staff, or update technology early.
Healthcare providers must see patient access as a key step in the revenue cycle with effects on finances and patient satisfaction.
Putting effort into staff training, process redesign, and AI automation can cut errors and delays at patient access.
This means fewer denied claims and better payment collection.
Clear patient communication about costs and payment plans also helps lower unpaid bills.
Leaders need to connect AI tools with workflows and keep staff trained.
They should encourage teamwork across clinical, admin, and IT departments for full revenue cycle improvement.
Healthcare groups can benefit from:
In short, improving patient access with technology, staff training, and clear patient talks offers a solid way to boost revenue cycle results in the US healthcare system.
LGH faced challenges including decreased revenue, higher volumes of avoidable write-offs, increased claims exceeding filing time limits, and increased days to payments on claims due to insufficient staffing, a new EHR system, and the COVID-19 pandemic.
LGH adopted a holistic approach, recognizing that revenue cycle improvement involves aligning technology, processes, and people across the entire organization rather than just focusing on isolated processes.
LGH partnered with Nordic Consulting to assess their operations, identify issues, and implement recommendations for operational and technical improvements.
The team focused on three areas: Patient Access, Service Capture, and Patient Financial Services to optimize workflows, technology, and improve revenue cycle performance.
In Patient Access, improvements included optimizing technology and aligning workflows across scheduling, registration, insurance verification, and authorization management, leading to decreased write-offs and improved staff productivity.
In Service Capture, LGH saw increased point-of-service charge capture, improved clinical documentation integrity, earlier detection of clinical denials, and a decrease in write-offs related to medical necessity.
The team redesigned workflows and optimized technology in Patient Financial Services, which resulted in increased automation, improved collections, reduced outsourcing costs, and enhanced customer service in billing.
By May 2022, LGH realized $8.5 million in annualized net revenue gains, representing a 3.4% increase in total net revenue, with expectations of reaching $9.7 to $11.2 million in sustainable improvements.
LGH sought expertise in process improvement, technology optimization, staffing alignment, change management, and strategic advisory to ensure comprehensive and sustainable revenue cycle improvements.
Change management is crucial as it ensures that improvements are sustainable over time, enabling organizations like LGH to maintain performance gains and adapt to ongoing changes in the healthcare landscape.