Six Fundamental Revenue Cycle Management Metrics

Revenue cycle management is important because it lets you keep track of claims processing, payment and revenue generation. If you do not want to lose revenue, it is essential to track revenue cycle management metrics, as every dollar lost can cause more adverse impact than you expect. 1. Gross Collection Percentage: This is the difference …

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What is a Line of Credit and How Can it Help Your Hospital

Before we talk about how a line of credit can help you, it would be beneficial to first establish what exactly it is. Put in basic terms, it’s a loan. However that is too over-simplistic to be helpful. A line of credit is, yes, a loan. But the customer or entity receiving the loan will …

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Chiropractic Treatment A Diagnosis Of Neuromuscular Disorders

According to doctors, there are more than 600 types of neuromuscular disorders. This type of disorder can impact the brain and central nervous system. So far, the only medical solutions for dealing with this problem are medicines, but they come with drawbacks. One simple and cheap solution to deal with this issue is chiropractic treatment. …

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The Healthcare Industry Tackles the Opioid Crisis

Opioids are used all over the world to relieve pain. They range from oxycodone and hydrocodone, which are mild or moderate in concentration, to the highly-concentrated fentanyl. When taken, they induce drowsiness, sedating the person to get their bodies to rest. However, opioids also induce psychoactive tendencies in the person, which has led to their …

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Financial Viability Is the Major Concern of Healthcare CEOs

‘Financial viability is the ability to generate sufficient income to meet operating payments, debt commitments and, where applicable, to allow growth while maintaining service levels.’ To survive and thrive in a highly competitive business environment, every organization wants to ensure a steady flow of cash to meet the expenses and to reinvest for infrastructure development. …

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