Category: RCM

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Future Trends in EMR Technology

Health technology plays a significant role in improving the diagnosis and treatment of patients. Proactive healthcare organisations should know the future of technology trends so they can be prepared to adopt them to remain competitive and deliver high-quality patient care. The advent of digital solutions and healthcare technology has revolutionised healthcare in many ways. Let’s...

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How to Effectively Review Your Revenue Cycle Process

The healthcare industry is large and there needs to be a proper revenue cycle to function properly. Without a proper and functioning revenue cycle, hospitals will not be able to fulfil their promise to provide superior healthcare services to their patients. Revenue tracking from the first patient appointment to the very end of the reimbursement...

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Top Best RCM Strategies for Small and Rural Hospitals

In this article we are going to discuss about RCM Strategies for Small and Rural Hospitals. Rural hospital leadership and management teams with generally accepted best practice concepts in revenue cycle management to consider performance improvement opportunities within their hospitals and individual departments. It is also designed to help State Rural Health Office Directors and...

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The Role of Technology in RCM: Automation and Data Analytics

We live in a digital age. It’s almost impossible to walk down a city street without seeing someone fixated on their smartphone. Hospitals and healthcare organisations rely on technology to improve their revenue cycle management components. Which should improve profitability. Revenue cycle management (RCM) can be described as a strategy that healthcare organisations use to...

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Sick And Tired Of Doing RCM The Old Way? Read This!

For the growth of every business, the effective management of revenues is very important. When it comes to the health sector the health service provider usually lag in the management of their revenues. They usually face problems like errors in billing and failing to cope with the new regulation and policies.nnThe biggest challenge health Care...

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Revenue Cycle Management: Get Paid For What You Do

In the medical billing process, Revenue Cycle Management is the key for any practice to smoothly manage its revenue and make the health care center financially stable.nnThe whole revenue cycle management system revolves around managing, identifying, and collecting revenues.nnIt has become essential for any health service provider to efficiently manage its revenue otherwise an outstanding...

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RCM in Medical Billing: 6 Strategies You Need To Follow

Ensuring effective RCM in Medical Billing and also providing excellent service to your patients is not an easy task. nnMedical practices looking to balance these functions often consider installing medical billing software in their systems for efficiently carrying out revenue cycle management of their business. Medical billing software saves time, cuts costs, and minimizes errors. nnFurthermore,...

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RCM: The Art of Compassionate Billing – Reasons to Put Patients First

The most common answer, when people ask about the area where medical practitioners have to be the most compassionate, is the clinical side of things. This is the right answer, however, it’s not the only place where people should be careful. nnGetting billed out of nowhere is a real surprise and one that happens quite often....

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5 Reasons Why Payment Posting Is Necessary For Medical Billing Process

Payment posting plays an essential role in the medical billing process. You can use it to assess your revenue cycle management system and discover ways to improve your revenue stream.nnPayment posting may sound like a very basic task. But, one mistake can cause many problems, like denied claims, late payments, etc., which can be troublesome...

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Why Revenue Cycle Management Is Important For Healthcare Industry

With a growing population, the subsequent rise in demand for healthcare facilities alongside claims to various medical reimbursements has rendered the medical bills profoundly blunder inclined.nnHealthcare providers are encountering a rise in the cost of operations and a reduction in revenues due to the changing government controls within the healthcare field. For this reason, revenue...