{"id":12368,"date":"2024-11-13T16:05:31","date_gmt":"2024-11-13T09:05:31","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=12368"},"modified":"2024-11-13T16:05:31","modified_gmt":"2024-11-13T09:05:31","slug":"clarivate-healthcare-business-insights-unveils-2023-revenue-cycle-award-winners","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=12368","title":{"rendered":"Clarivate Healthcare Business Insights Unveils 2023 Revenue Cycle Award Winners"},"content":{"rendered":"\n\n\n
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Recognizing Roper St. Francis Healthcare, Bon Secours Mercy Health, and Bronson Methodist Hospital for excellence in Physician and Hospital Groups<\/i><\/p>\n

LONDON<\/span><\/span>, Nov. 13, 2024<\/span><\/span> \/PRNewswire\/ —\u00a0Clarivate Plc<\/a>\u00a0(NYSE:CLVT) a leading global provider of transformative intelligence, announced the 2023 winners of the Clarivate Healthcare Business Insights\u2122<\/a>\u00a0annual Revenue Cycle Awards. Now in its 12th year, the Revenue Cycle Awards recognize U.S.-based healthcare organizations for exceptional performance on revenue cycle KPIs, based on data from their most recent and preceding full fiscal years. The 2023 recipients include Roper St. Francis Healthcare (Physician Group) \u2013 SC; Bon Secours Mercy Health (Physician Group) \u2013 OH; Bronson Methodist Hospital \u2013 MI; and Roper St. Francis Healthcare \u2013 SC.<\/p>\n

The Clarivate Healthcare Business Insights Revenue Cycle Awards honor healthcare organizations demonstrating excellence in KPIs critical to fiscal health. This year’s winners achieved top decile performance across diverse metrics and implemented forward-looking initiatives to address key challenges in the healthcare landscape.<\/p>\n

Brad Cording, Vice President, Product Management, Life Sciences and Healthcare, Clarivate, said: <\/b>“We are honored to recognize the outstanding achievements of this year’s Revenue Cycle Award recipients, whose commitment to excellence sets a benchmark for the healthcare industry. By demonstrating innovation and resilience in the face of today’s complex challenges, these organizations underscore the importance of effective revenue cycle management in fostering financial health and enhancing patient care. We are proud to support and celebrate their successes within the healthcare community.”<\/p>\n

In addition to financial outcomes, recipients were selected based on effective revenue cycle operations, including initial denial percentages across revenue cycle areas that reveal insights into root causes and workflow accuracy. Entrants also highlighted initiatives focused on revenue cycle data analytics, process optimization, and payer management.<\/p>\n

While all winners share high-performing revenue cycles, they represent varied segments within the healthcare landscape, as defined by annual net revenue. The 2023 Healthcare Business Insights Revenue Cycle Awards winners are:<\/p>\n