How To Fix The Entire Revenue Cycle Management Process

Posted in Revenue Cycle Management (RCM)

There has always been an interest in Revenue Cycle Management (RCM) because healthcare organizations continually face delays in receiving payments that can often be measured in months. Uncertainty surrounds most of the healthcare payment process, and providers are looking to revenue cycle optimization as one way to regain control. Healthcare is one of the few …

Continue Reading »

Revenue Cycle Management (RCM) Assistance Comes in Many Forms

Posted in Revenue Cycle Management (RCM)

When it comes to revenue cycle management (RCM), you need an outsourced medical billing partner that understands all aspect and nuances of the billing process. Recently, a large radiology billing services company, located in the Northeast U.S., faced a unique billing challenge. The company had been in business for more than 20 years and serves …

Continue Reading »

Reward Yourself By Getting Legacy Accounts Receivable under Control

Posted in Revenue Cycle Management (RCM)

Today’s healthcare professionals, who are responsible for revenue cycle management, must feel like fire fighters who while fighting the main blaze must deal with smaller fires that keep breaking out all around them. The challenge these healthcare professionals face is how to ensure all present billing gets accomplished and collected, while working on legacy A/R …

Continue Reading »

A Professional Business Outsourcing (BPO) Partnership Can Help You

Posted in Revenue Cycle Management (RCM)

A Professional Business Process Outsourcing (BPO) Partnership Can Help You To Be Prepared for Natural Disasters like Hurricane Sandy. No one could have predicted the magnitude of the recent devastation wreaked by Hurricane Sandy across the eastern part of our nation. CNN reports that “at least 81 people in the United States and two in …

Continue Reading »

Why Hospitals Are Expected to Rely on Business Process Outsourcing

Posted in Revenue Cycle Management (RCM)

The landscape of the healthcare industry is dominated by attempts to manage rising medical costs. At the same time, healthcare organizations must respond to demands for an increasingly higher quality of service. Lingering manual processes and disparate systems have fostered an environment of process inefficiencies. Hospitals are realizing that they cannot keep up with the …

Continue Reading »

Top 5 Questions and Answers on Accountable Care

Posted in Revenue Cycle Management (RCM)

The federal government spends around $1 trillion a year on health care programs. Different communities — the elderly, the disabled, military and civilian federal employees, low-income individuals and their families, and others — benefit from these programs. The two largest programs are Medicare and Medicaid. Although nearly 48.6 million Americans are uninsured (source: The Commonwealth …

Continue Reading »

5 New Ways To Solve Healthcare Revenue Cycle Management Problems

Posted in Revenue Cycle Management (RCM)

The healthcare revenue cycle management (RCM) is just beginning to feel the effects of consumerism as employers focus on containing healthcare costs. This means that today’s growing financial pressures on healthcare organizations will continue to escalate as consumers bear an increased financial responsibility for their healthcare costs. Hospitals are under pressure to collect various streams …

Continue Reading »