Revenue cycle leaders are formalizing the training that they require for their employees, putting in place certifications and ongoing education for them, and even partnering with local universities.
As organizations shift away from outsourcing revenue cycle operations, leaders are making workforce development a priority. Managing the revenue cycle workforce comes with a unique set of challenges.
With so many components to the process – payer contracting, registration, authorization and certification, financial counseling, co-pay and coinsurance collection, dictation and transcription, coding, ...
Revenue cycle management (RCM) is vital for healthcare organizations. It ensures financial stability and efficient operations. RCM involves managing the financial processes from patient registration ...
As we enter the second decade of the 21st century, medical practices face a host of financial challenges. The unknowns of health care reform, changing reimbursement and rising bad debt from the ...
The U.S. spends more on healthcare administration than other countries, according to a JAMA study. In fact, the estimated cost of waste accounts for approximately 25% of total healthcare spending.
Please provide your email address to receive an email when new articles are posted on . Orthopedic surgeons, like any health care service provider, desire appropriate compensation for the work ...
Acute Care Hospitals, Specialty Hospitals, and Behavioral Health Facilities using the certified version of InsightCS® will now be able to apply the system's applicable functionality toward meeting ...
AUSTIN, Texas--(BUSINESS WIRE)--Revenue Cycle, Inc. and Revenue Cycle Coding Strategies LLC. d/b/a Coding Strategies, Inc., two nationally recognized medical specialty consulting and education firms, ...
Chandler Barron is president of Parathon, which provides hospitals and health systems tools to collect all the revenue they have earned. There's an intensifying arms race in the revenue cycle. Many ...