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May 24, 2023 9 Essential Questions RevenueCycle Leaders Should Be Asking About Their Claims and Clearinghouse Partner Welcome to the world of healthcare revenuecycle management, where every aspect of your business is crucial to success.
2024 RevenueCycle Management Challenges and Emerging Trends Home / January 16, 2024 Author: David Mancuso, Sr. This year promises to be a crucible of transformation, testing the resilience and adaptability of industry leaders while offering fresh perspectives on managing revenuecycles more efficiently and effectively.
The Evolution of Electronic Medical Claims and RevenueCycle Management in the US Healthcare System Home / November 29, 2023 In the constantly evolving landscape of US healthcare, the story of electronic medical claims and revenuecycle management stands out as a testament to technology’s transformative power.
What is RevenueCycle in Healthcare: Understanding Rev Cycle Management Home / March 4, 2024 Author: Kristy Boldt, Sr. This system is known as revenuecycle management (RCM), and it’s crucial for keeping healthcare providers operating smoothly. After adjudication, we reach the payment posting leg.
The Evolution of Medical Billing Clearinghouse Vendors in RevenueCycle Management: Spotlight on The SSI Group, LLC (SSI) Home / December 20, 2023 Author: Christy Wright, CMO at The SSI Group, LLC In the intricate tapestry of healthcare finance, the journey of a medical claim from inception to resolution is critical.
May 24, 2023 9 Essential Questions RevenueCycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenuecycle management, where every aspect of your business is crucial to success.
Eligibility Denials: A Major Challenge for Hospitals March 13, 2023 Denials are one of the most expensive revenuecycle issues, posing major concerns to revenuecycle leaders throughout the country. Problems that lead to denied claims occur throughout the revenuecycle but routinely point to eligibility.
Together, they’ve implemented a streamlined revenuecycle management solution that fits their current needs and is easily scalable for any future expansion. Disparate Computer Systems: As Northern Regional Hospital expanded and acquired new specialty practices, its revenuecycle began to experience significant slowdowns and delays.
With provider margins razor thin, hospitals and medical groups report continued revenuecycle workforce shortages and increased challenges competing to fill open positions amidst compensation wars. With that experience comes a wealth of claims data that we share with revenuecycle leaders.
Additionally, with mobile payments we’ve stripped away all the roadblocks between receiving and paying a bill so patients don’t have to download an app, remember their password, or reference an account number from a paper statement. Learn more about SSI Mobile Patient Payments , or request a demo. Request Demo What are you looking for?
With an organization’s significant investment in Epic, one of your top criteria when evaluating claims/clearinghouse vendors should be choosing one that can smoothly integrate with Epic and support your revenuecycle needs downstream. Rapid Retest provides real time feedback in order to shorten the accounts receivable days.
” It involves a detailed accounting for services rendered and an initial intake of important information. Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenuecycle. Learn more about SSI’s RCM solutions or request a demo by clicking HERE.
July 13, 2023 Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems As hospitals and health systems strive to optimize revenuecycle management, the role of edits in streamlining claims processing and expediting payments has become increasingly crucial.
With provider margins razor thin, hospitals and medical groups report continued revenuecycle workforce shortages and increased challenges competing to fill open positions amidst compensation wars. With that experience comes a wealth of claims data that we share with revenuecycle leaders.
” It involves a detailed accounting for services rendered and an initial intake of important information. Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenuecycle. Learn more about SSI’s RCM solutions or request a demo by clicking HERE.
With an organization’s significant investment in Epic, one of your top criteria when evaluating claims/clearinghouse vendors should be choosing one that can smoothly integrate with Epic and support your revenuecycle needs downstream. Rapid Retest provides real time feedback in order to shorten the accounts receivable days.
The 277 response is designed to enable the automatic posting of the status information directly to patient accounts, eliminating the need to manually enter individual queries. Click the button below to receive a customized tutorial catered to your specific revenuecycle management (RCM) needs Request Demo What are you looking for?
What examples of solutions have you seen that take into account the various levels of clinical specifics that may be required after the authorization has been approved? Yes, request a demo of our SSI Prior Authorization solution and we’ll get back to you about how we can best meet your specific needs.
Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems Home / July 13, 2023 As hospitals and health systems strive to optimize revenuecycle management, the role of edits in streamlining claims processing and expediting payments has become increasingly crucial.
Enhanced Revenue Collection Through the automation of billing and payment procedures, medical practices can speed up the collection of payments, thus reducing the accounts receivable backlog and improving the cash flow. Automated processes result in immediate claims dispatch, resulting in quicker reimbursement.
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