For a healthcare organization to succeed from a financial standpoint, revenue cycle management needs to be in place. It can be described as the management of claims, payment, and revenue production. To put it simply, it ensures that claims reimbursements… Read More
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Hospital Revenue Cycle Challenges
In the past few years, hospitals have been able to improve many revenue cycle components. Although this is good news, a recent Revenue Cycle Survey from Advisory Board showed that there has also been a drastic increase in claim denials…. Read More
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Community Health Centers Are Currently Facing Revenue Cycle Management Struggles
The increased patient volumes at community health centers have caused a laundry list of problems. Some of which include sustaining and building infrastructures, understaffing, unstable healthcare revenue streams, and few resources necessary to establish new payment models. The affordable care… Read More
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What To Expect In Healthcare Finance
Due to the development of technology in recent years and the concern of value-based care, health systems are looking for ways adapt with the future in mind. Healthcare finance is not what it used to be. There are several ways… Read More
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The Importance Of Revenue Cycle Management For Healthcare Organizations
Revenue cycle management has a significant impact on the healthcare industry. This is because healthcare organizations need to have policies and practices in place for remaining financially fit. For this reason, revenue cycle management comes into play and plays a… Read More
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Value-Based Payment In Behavioral Health Care Services
We are beginning to see another form of reimbursement that could potentially replace the previous payment model. This new alternative is attractive to many because it should, in theory, promote better quality health care services to patients. There are considerable… Read More
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How To Improve Medical Billing
Medical billing is a huge stressor for not only patients but medical facilities. It does not take much for an aspect to go wrong and before you know it, you have several disgruntled patients in your face. Many medical facilities… Read More
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MedHelp, Inc. is Here for All Your Revenue Cycle Needs!
Unlike other for-profit industries, companies in the medical field adhere to specific legalities and practices to ensure the safety and care of their clients, all while maintaining the professional protocol of any business. In order for any successful medical facility… Read More