Revenue Cycle Management

Medical professionals use advanced technology to deliver optimal patient care on the frontline, but data shows that many business offices in the healthcare industry are hesitant to do the same.

Specialty providers can take steps now to succeed with MIPS and VBC while prioritizing caring for their patients.

With the right strategies, independent practices can ensure they are financially sustainable while continuing to provide high-quality care to their patients.

To help practices prepare for their value-based care transition, here are three top considerations for success.

Generation Z is driving changes to patient engagement and payment.

Navigating payer denials requires the most expertise to handle within revenue cycle management

Cash-based health care is a win-win for vulnerable groups and primary care providers.

Outsourcing allows doctors to focus on patients instead of billing

How net revenue forecasting can give health leaders financial x-ray vision

Use these to develop a strategic approach to profitably manage and effectively resolve low-dollar accounts receivables.

A digital payment strategy benefits the patient and streamlines operations

Recover revenue by utilizing proactive measures and technological solutions to navigate this difficult terrain.

Given the currently released policies and where we see the market going, we see three major stances insurance companies can and will take.

Outsourcing the billing process has become popular but it isn’t the right choice for every practice.

Inefficient billing processes can result in frequent delays in claim submission, issue resolution and revenue capture.

Practices need to have better analytics and more efficient workflows from the start to the end of the Revenue Cycle Management (RCM) pipeline.

Reframing collections as a continual process can minimize bad debt.

They cost you a lot more than you think.

Investing in digital solutions can automate administrative processes and elevate the patient experience.

‘Winging it’ is not the right approach when providers integrate social determinants of health into care models.

As providers increasingly face staffing challenges that are not expected to lighten, it becomes imperative that they adopt technology solutions that can also boost the efficiency of existing staff members.

Three tips and tricks for practices looking to boost the bottom line.

For most of us, doing better will mean doing differently.

Making a cultural shift in terms of patient payments and bad debt isn’t easy, but it helps both those giving and receiving care.

As the human side of revenue cycle management becomes more of a growing concern, medical practices, hospitals, and health systems are seeking alternative solutions, including virtually accessible, remote administrative support.

RPA could emerge as one targeted solution that could help financial executives maintain a healthy bottom line.

Plotting a financial path to practice success

Patient engagement begins by recognizing that greater responsibility for payment has also led to greater expectation and choice on the part of patients.

Cost-saving initiatives that you need to know

Healthcare revenue cycle management is experiencing a revolution with the latest automation and remote work trends.