Banks are starting to show providers some love via new services geared toward straightening out the maddeningly complex revenue cycle. That's the good news. The bad news is that the revenue cycle is and will remain maddeningly complex until banks, providers and payers find some common ground around EOBs and 835 remittance advice transactions.
Officials from U.S. Bank and Luther Midelfort Mayo Health System (an affiliate of Rochester. Minn.-based Mayo Health System) explained just how tough that can be during a presentation at the Financial Systems Symposium of the HIMSS 2010 Conference & Exhibition in Atlanta.
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