4 Ways PT Claims Management Processes Fall Short
Unfortunately, there is no real way to determine if your revenue cycle management processes are falling short until you receive notice that a claim has been denied. There is no doubt that the medical billing process is a complex and... Read More →
Ways to Improve Your Revenue Cycle Management
How to Effectively Boost Your Practice’s Revenue Cycle Management While you might love being a physical therapist, you may not be so enthused about the medical billing aspect of the job. Specifically, it could be revenue cycle management that’s giving... Read More →
Revenue Cycle Management-Medical Billing Outsourcing
5 Tips to Increase Revenue Through Better Coding Practices The medical billing department is at the foundation of your revenue cycle management. The speed and accuracy with which the massive amounts of data are entered can be the difference between... Read More →
5 Ethical Concerns in Financial Reporting and Analysis
Financial reporting and analysis create success and well-being for all companies and organizations. The ethics of a company or organization come into play for proper reporting and analysis. Within the healthcare industry, financial reporting and analysis should come with ethics. Lives... Read More →
5 Tips to Improve Your RCM
You may not have gotten into healthcare to make a lot of money, but without proper revenue cycle management, you’ll find it very difficult to maintain smooth, efficient operations and help your patients. That’s why it’s important to keep your... Read More →
An Overview & Outlook of US Physician Revenue Cycle Management
For better or for worse, one thing is true in both the healthcare field and the financial infrastructure around it; change is inevitable. As new methods of treatment and new methods of organization come into practice, this affects how payments... Read More →
How a Third Party Can Plug Your RCM Leaks
Revenue cycle management is a bit like plumbing in a home. It’s a largely invisible structure that most people don’t pay much attention to when it works, but once the flow is impeded or there’s a blockage, it can bring... Read More →
How Tracking Key Revenue Metrics Can Boost Hospital Profitability
Revenue cycle management or RCM, may superficially be regarded simply as a way to keep track of payments, claims, reimbursements and other financial transactions that are normal for any clinic or hospital. But while good RCM practices do serve this... Read More →
Revenue Cycle Best Practices
Maintaining a strong stream of revenue for your practice has always been a delicate balancing act. Wages have not steadily increased at the same rate as inflation, and more and more families are saddled with sky-high consumer debt, and ever-decreasing... Read More →