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What is Revenue Cycle in Healthcare: Understanding Rev Cycle Management

SSI Healthcare Rev Cycle Solutions

What is Revenue Cycle in Healthcare: Understanding Rev Cycle Management Home / March 4, 2024 Author: Kristy Boldt, Sr. This system is known as revenue cycle management (RCM), and it’s crucial for keeping healthcare providers operating smoothly. Delays can strain the provider’s cash flow.

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Accounting Automation: The Definitive 2023 Guide

Future Firm

This is my complete guide to accounting automation in 2023. If you’re looking to automate accounting processes in 2023, here are some steps you can take: 1) General Ledger Accounting Software. but when it comes to the A/R part of the revenue cycle, they’re invisible. Save time by automating your accounting processes.

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Unwinding Medicaid Continuous Coverage: Understanding the Importance of a Solid Eligibility Verification Strategy and PBE

SSI Healthcare Rev Cycle Solutions

January 17, 2023. 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 revenue cycle management (RCM) needs.

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Solving the Prior Authorization Dilemma: How Michigan Led the Way and What’s Next

SSI Healthcare Rev Cycle Solutions

Additionally, we will discuss the upcoming reporting requirements for payers, set for June 1, 2023, and the outlook and readiness of payers. Updates on program performance, data collection, and upcoming reporting requirements for payers. •

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Eligibility Denials: A Major Challenge for Hospitals

SSI Healthcare Rev Cycle Solutions

Eligibility Denials: A Major Challenge for Hospitals March 13, 2023 Denials are one of the most expensive revenue cycle issues, posing major concerns to revenue cycle leaders throughout the country. Problems that lead to denied claims occur throughout the revenue cycle but routinely point to eligibility.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Copayments are normally collected upfront at the time of service.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Copayments are normally collected upfront at the time of service.