Effective Strategies To Optimize Revenue Cycle Management

Optimizing revenue cycle management is crucial for the financial health of any healthcare organization. Revenue cycle management is the process of managing the revenue generated by patient encounters from the time a patient schedules an appointment until payment is received. Inefficient revenue cycle management can lead to increased payment delays and denials, ultimately impacting a …

7 Essential Key Metrics To Measure Revenue Cycle Management Success

When it comes to Medical Billing and Revenue Cycle Management the primary requisite can be focusing towards cleaner claims and faster payments; however these achievement are part of the greater and ultimate target to ensure the business goals are lucratively achieved.  Every organization strive towards keeping up their business successful and profitable. RCM and Medical …

How to Address the Physician Practice Management Challenges?

The best experience for any physician or practice is to be able to attend to maximum patients without worrying about other management or billing-related process or about the financial hiccups from inadequate Practice Management Services. However, most independent physicians and medical practices with lack of time to provide the 360-degree attention to all aspects of …

Factors To Consider When Outsourcing Medical Billing

Factors To Consider When Outsourcing Medical Billing While Medical Billing is the major process that helps the practice achieves the bottom line purpose of running the business, it often takes a backseat considering patient care as the core responsibility of the Physician. Patient care and patient satisfaction are mostly the primary areas of attention for …

Guide To Make Your Medical Practice More Profitable In 2021

Guide To Make Your Medical Practice More Profitable In 2021 With the after effects of 2020 pandemic, running a Medical Practice successfully is more complex than ever. With the attack of Novel Corona Virus resulting in an overhaul of changes in the Healthcare and Medical Industry, there has been various areas as listed below which …

Tips for Optimizing your Accounts Receivable

Account receivable management is one of the key factors in revenue cycle managementfor all kinds of industries. Similarly, it is the chief component of the healthcare industry. Most of the insurance agencies pay a large number of bills without which any medical practice or hospital’s expense cannot be recovered. This may lead to the inappropriate medical care …