Key Takeaways By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Behavioral health is one of the fastest-growing segments in healthcare. Demand for mental health and substance use disorder treatment has surged in the last five years, driven by expanded insurance coverage, reduced stigma, and a post-pandemic recognition that
Key Takeaways By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing The Most Expensive Mistakes Happen Before a Claim Is Ever Filed When healthcare organizations talk about revenue cycle management, the conversation almost always starts with billing. Claim denials. Payment posting. AR follow-up. These are the functions that get
Key Takeaways By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing The Denial Crisis Hiding in Plain Sight A decade ago, the typical US hospital operated with a claim denial rate between 5 and 8 percent. That number was manageable. Most organizations absorbed it as a cost of doing
The Hidden Revenue Leak Most Practices Ignore By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways Why Does Credentialing Matter So Much to Revenue? Credentialing is the process of verifying a healthcare provider’s qualifications (education, training, licensure, board certification, malpractice history) and enrolling them with insurance payers
Handle Volume Without Hiring Locally By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways What Makes Revenue Cycle Management So Difficult at Scale? Running revenue cycle operations for a large health system is a staffing challenge disguised as a billing challenge. A multi-hospital system with 500 beds
Reducing Delays and Denials Before They Happen By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways Why Is Prior Authorization Such a Massive Problem? Prior authorization was designed as a cost containment tool: require providers to get approval before delivering certain services to ensure medical necessity. In
Navigating CMS Rules with Offshore Teams By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways Why Is Medicare Billing Different from Commercial Insurance Billing? Medicare billing operates under a fundamentally different framework than commercial insurance. Commercial payers negotiate contracts with providers, set their own fee schedules, and
Rethinking What Offshore Healthcare Staffing Can Be By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways A few years ago, I sat down with the leadership of a physician-led, multi-specialty healthcare organization serving patients across a broad network of clinical practices. They had been running an offshore
The 10 Questions That Separate Good from Great By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways Selecting an offshore healthcare staffing partner is a decision that carries disproportionate weight. The wrong choice creates operational friction, compliance risk, and cultural disruption that persist long after the engagement
Five Trends Reshaping the Industry Through 2030 By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways In 2010, healthcare outsourcing meant one thing to most American hospital administrators: a call center in India or the Philippines answering patient billing inquiries for a fraction of the domestic cost.
