Last year, hospitals, health systems, physician practices, and other healthcare providers in the United States faced unprecedented challenges, both operationally and financially. Even with the rapid increase in telehealth use…
So much of revenue cycle management optimization is about reducing errors and streamlining processes to increase profits and track a more accurate projection of cash flow for a hospital system.…
It’s been nearly 25 years since the United States government first began using risk adjustment in the Medicaid program and more than 20 since the country started using it in…
Analysts estimate that hospitals and health systems in the United States could collectively lose $53 billion in revenue this year. And that’s an optimistic assessment. Even before the COVID pandemic,…
Contrary to many opinions, revenue cycle management (RCM) solution is not solely a function of billing. Furthermore, the two terms, RCM and billing, are not interchangeable. The focus on revenue…
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