To maximize their reimbursement rates, today’s healthcare providers must take control of revenue cycles, and that requires optimizing three particular areas: estimates, claims, and collections.
3 tools you need to manage the modern revenue cycle
Healthcare Runs On Revenue
In order to help their patients, healthcare providers need to buy equipment, pay salaries, and spend money to maintain an effective, efficient customer experience. Revenue is what makes healthcare work, so preserving revenue should be a main priority for healthcare administrators.
3 Quick Tips for Way Better RCM (Revenue Cycle Management)
Here are three improvements that can facilitate process improvements, increased revenue and accelerated reimbursement from both patients and payers:
Revenue Management: Have Your Cake & Eat It Too!
The title of the article may look unrealistic but you may find an answer towards the end. Revenue Cycle Management (RCM) has been a problem area for many practices and most of them leave the money on the table without even realizing that they have a problem.
Study finds 50% of Practices Are Taking a Revenue Hit
Almost half of physician practices may be missing out on an opportunity to generate revenue by providing annual wellness visits to Medicare patients, according to a new study.
Can BI tools benefit your organization leading to financial victory?
As competing priorities emerge, it’s getting tougher and tougher to find the time and resources to effectively manage today’s revenue cycle processes.
Health Care Leadership: 5 Ways To Empower Your People
As we help our clients with their internal campaigns, we hear the same cries for help during interviews and focus groups and watch as employees become unstuck when their leadership starts implementing ways to address employee engagement. Here are a few ways you can refocus your attention on the real measure of ROI in your organization—your people.
Medical Billing Software Enhances Efficiency
Here are some common features of medical billing software that can contribute a lot to increasing practice efficiency:
How To Have A Successful Healthcare Revenue Cycle Management
When it comes to running your practice more efficiently, maintaining a steady cash flow and driving revenue, you must make healthcare revenue cycle management a priority.
RMC PARTNERS WITH PRACTICE EHR
“Being a Practice EHR Channel Partner allows Revenue Management Corporation (RMC) to offer my customers an easy-to-use, billing integrated, specialty-specific EHR platform for an extremely competitive price.”
