In a lot of ways, revenue cycle management (RCM) serves as the backbone for healthcare organizations. It is needed for administrative purposes, which includes revenue generation, claims processing, and accepting forms of payment. With rising provider costs, frequent advances in… Read More
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How To Improve Your Medical Medical Billing Audits
Medical billing is the process healthcare providers go through to submit claims with insurance companies. Being that so much goes into this extensive and laborious process, it is not uncommon for there to be errors along the way. For that… Read More
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3 Current Healthcare Trends
The medical world is always changing. Every year, we see new trends in the healthcare industry. For the most part, we are moving in the right direction. The new advances in technology are opening the door for all kinds of… Read More
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What Should We Expect From The Revenue Cycle Management Market?
There are several components in healthcare revenue cycle management (RCM). With a good RCM system in place, it should handle the following: collect payments as they are due, charge for patient services, ensure billing is done in a timely fashion… Read More
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Improving Hospitals ROI Through Revenue Cycle Management
Effective revenue cycle management (RCM) will maximize the return on investment (ROI) of a hospital. If you don’t have a good system in place, it can be challenging to juggle the various overhead expenses while still needing to pay the… Read More
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How To Be Successful In Your Denial Management Process
Medical claims get denied every day for a variety of reasons. It is important to remember that managing your claim denials can benefit your organization on several levels. Not only will it lead to happier patients, but you will also… Read More
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4 Tips For Improving Your RCM
Revenue Cycle Management (RCM) helps to manage a organization’s cash flow, payments, and claims. Billing is an extensive process, and there are a lot of moving components. In the case of a large hospital, it is easy to make a… Read More
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A Closer Look At Medical Billing
Medical billing is an incredibly extensive process. Simply put, it is the process that doctors and other healthcare providers go through to submit claims with insurance companies. We have seen a few considerable changes in medical billing processes over the… Read More
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How To Achieve Better Results From Your Revenue Cycle Management
Are you looking to strengthen your medical organization’s revenue cycle management (RCM)? To put it simply, RCM is needed to manage your organization’s cash flow, payments, and claims. Without it, a hospital or practices billing process would likely be in… Read More
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Why Are Hospitals Outsourcing Their Medical Billing?
In recent years, we have seen more hospitals outsource their medical billing out to teams of trained specialists. The billing process is rather extensive, and there are plenty of aspects can go wrong along the way. To ensure accuracy and… Read More