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SSI Wins Oracle Cerner 2022 Collaboration Award. November 9, 2022. This year, the SSI Group, LLC (SSI) is pleased to announce that we were named the 2022 Collaboration Award Winner at the recent Oracle Cerner Health Conference. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar].
2024 RevenueCycleManagement Challenges and Emerging Trends Home / January 16, 2024 Author: David Mancuso, Sr. Marketing Manager at The SSI Group, LLC Welcome to the healthcare landscape of 2024 – a complex terrain where high stakes meet numerous challenges, defining a dynamic and demanding era in healthcare.
As healthcare continues to evolve, so do the complexities of managing the revenuecycle, with denial management being one of the most persistent challenges. Denial management is an essential component of healthcare revenuecyclemanagement (RCM) because denials directly impact an organization’s financial health.
Live webinar: Thursday, December 15, 2022 2:00 pm CT. Prior authorization is not only one of the most time-consuming aspects of all revenuecycle transactions, but it is also one of the leading causes of claim denials, according to a recent report by the American Hospital Association (AHA). billing and claims management (3).
A study by Kodiak Solutions shows that the denial rate from initial RFI’s has increased by nearly 9% since 2022. The first five months of 2024 had $6B in claims delayed across more than 1900 hospitals, which when prorated over the year would be $14.4B, versus $11B in 2022. This can reduce errors and expedite the claims process.
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways]. SSI Wins Oracle Cerner 2022 Collaboration Award. billing and claims management (3).
However, a recent spending bill passed in December 2022 changes this and sets April 1, 2023, as the end date for the continuous coverage requirement, regardless of whether the PHE is still in effect. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs.
What’s Top-of-Mind for RevenueCycle Leaders in 2022. August 8, 2022. There is no doubt healthcare revenuecycle leaders have faced unprecedented challenges these past few years. ” (Kaufman Hall, National Hospital Flash Report, July 2022 ). SSI Wins Oracle Cerner 2022 Collaboration Award.
The state of Texas was the first to pass the “gold card” law, which went into effect on October 1, 2022. Due to the efforts of the coalition, on March 23, 2022, the Michigan House of Representatives passed Senate Bill 247 with strong support. RCM denial management (3). revenuecycle (9). revenuecycle KPIs (1).
Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes. Among them, the 275 electronic attachment is emerging as an essential tool in the realm of RevenueCycleManagement (RCM). However, the winds of change are blowing.
October 4, 2022 (Mobile, AL) — The SSI Group, LLC (SSI), a leading provider of revenuecyclemanagement (RCM) solutions, today announced the launch of a turnkey, end-to-end electronic prior authorization solution for healthcare providers that connects in real-time to more than seven-hundred payers. ssi group (11).
Positioning Your Organization to Win at Denial Management. August 17, 2022. With claim denials on the rise and nearing the “danger zone” at many hospitals, it’s important to leverage all the tools available to help you identify, manage, and ultimately prevent as many denials as possible. revenuecycle (7).
August 24, 2022. August 24, 2022. Together, they’ve implemented a streamlined revenuecyclemanagement solution that fits their current needs and is easily scalable for any future expansion. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs.
CDT on October 20, 2022. Tracey Tillman, Director of Product Management, will present a Fall Solutions Spotlight Webinar: Streamline Your Claims Management Process with Epic & SSI Integrations. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs.
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
Denials and Revenue Loss According to SSI data, there has been a 53% increase in PA denials from the beginning of 2022 compared to the end of 2022. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for?
September 9, 2022. On July 10, 2022, the United States Postal Service increased the price of a First-Class Mail Forever stamp from fifty-eight cents to sixty cents. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. RCM denial management (3).
Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeways]. December 16, 2022. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. SSI Wins Oracle Cerner 2022 Collaboration Award.
Based on $962 Billion of aggregated gross US healthcare claims adjudicated in 2022 by SSI: If we continue to follow the numbers, we can better understand the root cause of denials. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for?
Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes. Among them, the 275 electronic attachment is emerging as an essential tool in the realm of RevenueCycleManagement (RCM). However, the winds of change are blowing.
CAQH’s 2022 data reveals that a vast majority, 73%, of the roughly 181 million annual claims attachments are still being processed through manual means. SSI Pro Tip #5: Compare payer behavior insights and bottlenecks in cash flow to drive a more strategic revenuecycle.
Although the legislation was passed in 2022, its anticipated changes are not expected to start taking effect until this summer. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for?
CAQH’s 2022 data reveals that a vast majority, 73%, of the roughly 181 million annual claims attachments are still being processed through manual means. SSI Pro Tip #5: Compare payer behavior insights and bottlenecks in cash flow to drive a more strategic revenuecycle.
3 American Medical Association (AMA) poll released in February 2022. 4 According to the Healthcare Financial Management Association. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for? 1 CAQH Index 2021.
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