Radiology billing is a complex process and involves precise documentation and coding skill. Billers require to be up to date with their knowledge, for even small errors lead to rejection of claims.
A case study on how Bristol Healthcare Services, Inc. transformed revenue cycle efficiency and improved financial outcomes for a leading Podiatry Clinic in Los Angeles, CA.
A medical facility’s entire financial process is termed Healthcare Revenue Cycle Management (RCM) and it covers management and collection of revenue from healthcare service to patients.
The primary and the most crucial aspect of reducing claims denials and improving medical practice revenue is understanding the medical coding and billing process completely.
RCM begins when a patient makes his/her appointment to visit a physician. And it ends when all payments due to the physician for services rendered are collected from payors and patients. The process from start to finish is rather complicated.