Have health systems adapted their revenue cycle processes to increase hospital collections effectively? Enhance the RCM solutions and processes at your healthcare organization by following these 3 tips.
Will blockchain technology increase the likelihood of receiving patient payments? Can robust hospital revenue cycle technology make it easier, and therefore more likely for patients to pay? These questions are covered in detail via analysis of current news about the hospital revenue cycle (RCM) industry.
How do hospitals ensure they get paid? Patient access processes need to be streamlined, consistent, and smart in order to maintain healthy hospital revenue cycle management. Combining intelligent patient access software with properly trained registration staff dramatically reduces errors, helping hospitals get paid.
In addition to the mounting reporting administrative tasks on providers, other hospital revenue cycle management challenges threaten financial health include billing disputes and prolonged A/R days. Learn what hospitals can do to improve clean claims rates, get paid faster, and mitigate the risk of legal actions.
When it comes to hospital billing best practices, we discovered a lot of documentation about common errors and also some helpful advice on how to avoid them.
What happens when physicians disagree on what is medically necessary? What’s the difference between outright fraud and failure to accurately meet medical necessity for services that were rendered? Let’s explore these issues in greater detail.
Hospital billing and claims management processes have a clear and direct impact on the financial health of an organization. However, oftentimes healthcare executives blame poor performance on external factors, rather than analyzing internally. We take a deeper look at this issue and how hospitals can improve their practices to increase revenue.
Billing mistakes account for a significant source of lost revenue for hospitals, clinics, and providers annually. Learn about these common billing mistakes and how to avoid them with best practices and advanced claims management technology.