Why Specialized RCM Solutions in Healthcare is must now

RCM

Revenue Cycle Management solutions help the medical services with the crucial tasks of processing claims and payments along with the services of effective management of the revenue cycle. These providers ensure streamlined cash flow and workflow in the health care industry by keeping in touch with the patients’ insurance reimbursement status and by checking their … Read more

Top 10 Challenges Physicians are Expected to face in 2020

Top 10 Challenges Physicians Are Expected to Face in 2020

The new decade has come with new challenges accompanied by some other problems that left unresolved during the last decade. 2020 came with some unprecedented and unpredictable predicaments such as a global medical emergency due to the covid-19 outbreak making its way from China to the US in a few days. It increased the burden … Read more

Independent Practice and Its Top Challenges in 2022: What to Look For?

The Top Challenges That Independent Practices Are Facing In 2020

Independent practices make up a major part of the American healthcare system. Undoubtedly, people are more influenced by these independent practices as they are relatively inexpensive and ensure better care than larger healthcare organizations and hospitals. Moreover, these practices have won patients’ trust by adding to their convenience as they provide low-beneficiary costs and are … Read more

Exploring the Purpose of revenue cycle management in Healthcare – 2023 Updated Guide

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As the healthcare industry is much inclined towards providing healthcare to every patient, it is equally necessary to maintain a successful revenue management cycle. As technological advancements are chipping in, effective healthcare revenue cycle management has become the need of the day. Often the health practitioners are of the opinion that what is the purpose … Read more

Healthcare Revenue Cycle Management Market Growth And Demand

Revenue Cycle Management Market Growth And Demand

Revenue cycle management (RCM) in healthcare means a streamlined process of billing and payment collections. To achieve revenue targets, and optimized revenue cycle must feature seamless payment claim processing, medical coding, charge capture, payment posting, explanation of benefits (EOB) reconciliation, denial management and account receivable services. The revenue cycle workflow starts from the patient’s billing … Read more

Three Factors that Affect RCM for physician practices in Healthcare

3 Factors That Affect the Revenue Cycle of Physician Practices

While every healthcare is committed to providing the best healthcare facilities to the patients and everyone around, they also need to make sure that their revenue management cycle doesn’t compromise. This is why it is essential to understand the physician revenue management cycle. What is revenue cycle management healthcare means for physician credentialing practices? The … Read more

Major Challenges of the Healthcare Industry in 2020

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The healthcare industry is one of the most rapidly changing industries in the world. Challenges, such as rising costs, value-based care delivery, payment reforms, data security and transformation to smart healthcare technologies have engaged healthcare professionals in recent times and there is more to come in 2020. Technology is transforming healthcare at a faster pace, … Read more

What Is the Cost of HIPAA Compliance and Implementation?

Hippa Compliance

HIPAA stands for Health Insurance Portability and Accountability Act of 1996. It is a United States legislation that provides data privacy and security provisions for safeguarding medical information. It has two main purposes: to provide continuous health insurance coverage for workers, who lose or change their job, and to reduce the administrative burdens and cost … Read more

What is World Heart Day – How It Promotes the Importance of Healthy Hearts?

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World heart day is a globally celebrated campaign, during which individuals, communities, families, and governments of various nations across the globe participate and become the custodian of their heart health or their loved ones. The campaign is organized every year to raise awareness about Cardio-Vascular Diseases (CVD) among the general public and their possible outcomes. … Read more