Blogs

Healthcare revenue cycle management is critically dependent on the management of accounts receivable (A/R). Healthcare providers may increase cash flow, lower the risk of bad debt, and enhance their overall financial performance by managing AR properly. The revenue management cycle is a significant element that must be maintained in medicine and healthcare, where efforts are... Continue Reading

Putting a financial amount on a discussion may seem unusual at first, but it actually makes perfect sense. Why? because patient experience has a significant influence on the growth of RCM healthcare revenue. First, ask yourself: Do you approach every patient interaction as though it can have a favorable or negative impact on your bottom... Continue Reading

We live in a patient-centric, technologically advanced, outcomes-based, digital environment. Doctors must not only provide correct diagnoses and treatment plans, but they must also focus on satisfying patients’ expectations and breaking medical market prejudices. Optimizing RCM services for your practice’s business aspect will help you collect unaccounted-for income and enhance the patient experience during the... Continue Reading

A significant portion of the income for your practice comes from medical billing and coding denials. Refusals of claims might result in severe financial loss. Denied claims can cost you money if they are not swiftly handled since they prolong the revenue cycle and interrupt cash flow. The burden is further increased by the expense... Continue Reading

As per the Healthcare Company National Association, the best-performing medical practises have an insurance premium denial rate of only 4%. Given the often-complex maze that is required to get health claims paid by following payers, it is remarkable that these practises maintain such a low denial rate. But it is necessary to do so. What... Continue Reading