A medical practice should always be looking for continuous improvements in their denial management processes. It serves as a major part of a healthcare organization because medical claims are denied all the time for various reasons. Since we want your… Read More
The Most Common Challenges Hospitals Face With Their Revenue Cycle
Many hospitals today face a variety of challenges with their revenue cycle. It is an extensive process that needs all departments within the organization to work together for it to be a success. For hospitals to succeed from an economic… Read More
Tips for Improving Your Denial Management Process
Every day, thousands of medical claims are denied for a multitude of reasons. Medical organizations need to understand and appreciate that successfully managing their claims will benefit them in many regards. In addition to boosting your collections rate, it will… Read More
Why Patient Status Rules are Essential for Accurate and On-Time Payments
The complexities surrounding Medicare regulations and billing procedures often lead hospitals to miss out on important revenue opportunities. Hospitals are often hesitant when misapplying guidance and standards set forth by the Centers for Medicare and Medicaid Services (CMS). It is… Read More
Three Common Issues Medical Practices Make With Their Revenue Cycle
Revenue Cycle Management (RCM) is needed in order to make a medical practice as profitable as possible. A primary reason why many practices struggle with their RCM is because they are so focused on their patients, but do not put… Read More
How to Create a Successful Medical Billing Audit Process
It is essential for healthcare providers to have an auditing process in place to ensure that their claims are accurate. If you want to provide insurance companies with the correct information, you have to go through a thorough process to… Read More
How to Update Your Patient Payment Portals in 2019
With 2018 now in the books, now is the time to improve the patient experience at your medical practice. When did you last update your payment portal? Such updates will not only make the payment process easier for your patients… Read More
3 Tips for Making Your Revenue Cycle Management More Efficient
The year is coming to a close, and many medical practices have made big plans for 2019. If you want your organization to be as successful as possible, it needs a strong revenue cycle management system in place. In a… Read More
How to Make Your Medical Billing Process More Patient-Friendly
Your medical billing process is in a lot of ways, the backbone of your practice’s revenue cycle. In order for operations to run as smoothly as possible, you need to have a clear process in place for your patients. When… Read More
The Most Common Causes of Medical Billing Denials
Medical claims get denied for a variety of reasons. When this happens, it ultimately holds up the revenue cycle. Resubmissions can sometimes take several months, so it is in your best interest to get it right the first time around…. Read More