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Revenue Cycle Management - Billing & Collections

Five steps to improve a practice’s revenue cycle management systemPractices must focus on building an efficient RCM system that helps them collect payments while allowing them to focus on patient care.
Analyst: Big changes ahead for revenue cycle management systemsNew RCM systems will improve small practices’ ability to manage claim denials, improve reimbursements and boost their business operations.
Revenue cycle management: Is it time to outsource?Is it time to outsource? Here’s a closer look at the pros and cons of outsourcing vs keeping it in-house
Hospital admissions: Coding scenarios to considerHow do you bill situations when you see the patient in the office and then direct the patient to go to the emergency department (ED)?
Premium Content Preview | Getting a Handle on Revenue Cycle ManagementEvery practice management system can produce reports, but are you utilizing those reports on a monthly basis? They are the key to your practice management numbers, but it’s amazing how many people I work with who do not know how to run reports
Premium Content Preview | Focus on Technology: Preparing your practice for ICD-10The role technology plays in transitioning your practice to ICD-10 can’t be overstated. Testing that technology and training your staff are also important, but putting the right system in place to begin with is critical
Leveraging the front office
Leveraging the front officeIndependent physician practices can start increasing their cash flow and reducing their bad debt immediately—and they don’t need fancy software or renegotiated reimbursement agreements to do it. All they need is to have some simple systems in place.
Talking treatment costs: Navigating financial discussions with patients
Talking treatment costs: Navigating financial discussions with patientsWhat role should physicians play in discussing the financial impact of treatment decisions, and how can they better manage these conversations?
The revenue cycle decision
The revenue cycle decisionEven the most experienced physicians and practice managers face a daunting dilemma on the financial front: Should they handle billing and collections internally or hand over these tasks to an external vendor? There are strategies that physicians can use to evaluate potential vendors and make the best decision for their practice.
10 tips to assess Revenue Cycle Management vendors