Revenue Cycle Management

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.

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

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.

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.

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.

Collecting from patients is not an easy job, but there are ways to handle it in an efficient and compassionate manner. We talk to experts on how to prevent payment delinquencies and how to handle them when they occur.

What is the difference between an acute, uncomplicated illness and an acute illness with systemic symptoms?

It’s one area that is not always completed correctly.

Reducing manual processes can result in increased revenue while freeing up staff.

These non-traditional KPIs have a significant impact on collections and cashflow.

In order to better anticipate and respond to future obstacles, providers must implement data analytics tools that will allow them to quickly and reliably identify potential weaknesses and opportunities for improvement.