Modernize Your Collections Cycle: Essential Strategies for an Efficient Revenue Cycle
In today’s evolving healthcare landscape, patient responsibility for healthcare costs has grown substantially, and as a result, the collections process has become a pivotal component in sustaining a healthy revenue cycle.
Implementing a Robust Pre-Visit Process: Essential Strategies for Strengthening the Revenue Cycle
In an era where patient financial responsibility continues to rise, establishing an efficient pre-visit process offers several benefits.
Reviewing Payer Contracts: Essential Strategies for Strengthening the Revenue Cycle
By proactively managing these contracts, you can set your practice up for long-term financial stability, even as payer expectations and reimbursement models evolve. (1).webp)
More Than 80% of Prior Authorization Appeals Succeed, What’s Stopping Us from More?
The reluctance to appeal stems from a combination of logistical barriers, resource limitations, and emotional disincentives. A recent AMA survey offers valuable insights into why this gap exists.
Medical Claims Denials On the Rise, A Recent Survey Reveals
As healthcare providers continue to navigate the complexities of modern claims management, the latest data from a 2024 report paints a concerning picture: denial rates are rising, complicating revenue collection and creating a cascade of operational challenges..webp)