SSI Healthcare Rev Cycle Solutions

DECEMBER 21, 2023

The Evolution of Medical Billing Clearinghouse Vendors in Revenue Cycle 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.

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SSI Healthcare Rev Cycle Solutions

MAY 24, 2023

May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success.

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Accounting Tools

MAY 12, 2024

Most of these transactions can be aggregated into a relatively small number of transaction cycles related to the sale of goods, payments to suppliers , payments to employees , and payments to lenders. This set of sequential, interrelated activities is known as the sales cycle , or revenue cycle.

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RevCycle

NOVEMBER 27, 2024

Programs such as the Merit-based Incentive Payment System (MIPS) and Accountable Care Organizations (ACOs) reward providers for improving patient outcomes and efficiency. Value-Based Care (VBC) : Under VBC, providers are incentivized to deliver high-quality care while reducing overall costs.

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SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

With provider margins razor thin, hospitals and medical groups report continued revenue cycle 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 revenue cycle leaders.

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SSI Healthcare Rev Cycle Solutions

MARCH 13, 2023

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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RevCycle

APRIL 5, 2021

Revenue cycle optimization – 78%. Fixing the Financial Pressure – Healing your Revenue Cycle for 2021 & Beyond. and robotic process automation for repetitive revenue cycle tasks to free up manpower for more human-centric tasks. Account for heightened PPE usage now and in the future, and.

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MediRevv

AUGUST 20, 2021

So, let’s talk patient accounting systems and your revenue cycle strategy. As many of us witnessed during the pandemic – from restaurants to healthcare providers – the ability to adapt to meet consumer needs and perform well financially is critical.

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SSI Healthcare Rev Cycle Solutions

AUGUST 25, 2022

Together, they’ve implemented a streamlined revenue cycle 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 revenue cycle began to experience significant slowdowns and delays.

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SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

With provider margins razor thin, hospitals and medical groups report continued revenue cycle 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 revenue cycle leaders.

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SSI Healthcare Rev Cycle Solutions

JULY 7, 2023

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 revenue cycle needs downstream. Rapid Retest provides real time feedback in order to shorten the accounts receivable days.

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SSI Healthcare Rev Cycle Solutions

SEPTEMBER 13, 2023

” 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 revenue cycle. The claim is then electronically submitted to the patient’s insurance provider for processing.

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SSI Healthcare Rev Cycle Solutions

SEPTEMBER 9, 2022

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. Reboot Your Revenue Cycle with Automated Prior Authorization [HFMA Webinar]. revenue cycle (7).

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SSI Healthcare Rev Cycle Solutions

JULY 13, 2023

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 revenue cycle management, the role of edits in streamlining claims processing and expediting payments has become increasingly crucial.

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SSI Healthcare Rev Cycle Solutions

SEPTEMBER 13, 2023

” 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 revenue cycle. The claim is then electronically submitted to the patient’s insurance provider for processing.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing AR 52

SSI Healthcare Rev Cycle Solutions

JULY 7, 2023

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 revenue cycle needs downstream. Rapid Retest provides real time feedback in order to shorten the accounts receivable days.

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SSI Healthcare Rev Cycle Solutions

APRIL 19, 2023

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 revenue cycle management (RCM) needs Request Demo What are you looking for?

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SSI Healthcare Rev Cycle Solutions

FEBRUARY 21, 2023

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? Click the button below to receive a customized tutorial catered to your specific revenue cycle management (RCM) needs Request Demo What are you looking for?

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SSI Healthcare Rev Cycle Solutions

JULY 13, 2023

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 revenue cycle management, the role of edits in streamlining claims processing and expediting payments has become increasingly crucial.

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Counto

NOVEMBER 7, 2024

Understand Your Revenue Cycles For high-turnover F&B businesses, understanding and forecasting revenue cycles are vital for preparing for fluctuations in cash flow. Manage Accounts Receivable and Payable Timely management of receivables and payables is essential to avoid cash flow gaps.

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Nanonets

SEPTEMBER 22, 2023

It includes  order management ,  credit management ,  order fulfillment , invoicing, accounts receivable, payment collection, and  data management. Additionally, an optimized OTC process promotes faster payment collection, improves cash flow, and drives  revenue growth.

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Invoicera

MAY 23, 2024

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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RevCycle

JULY 6, 2021

The majority of Americans live paycheck to paycheck – gone are the days of having savings accounts to cushion against unexpected costs. We are always happy to discuss any revenue cycle concerns! Here’s why. Payment Plans Help Patients Help Themselves.

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Remote Quality Bookkeeping

APRIL 1, 2024

Bookkeeping software includes computer programs or online applications that handle businesses’ financial transactions and accounting needs. These programs record and process accounting transactions within some functional regions, such as payroll, receivables, payables, and trial balances. What is Bookkeeping Software?

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RevCycle

FEBRUARY 21, 2024

Furthermore, automation streamlines tasks like payment processing and account management, freeing up our team to focus on personalized interactions with patients. This allows us to tailor communication and offer personalized payment plans that are realistic and achievable.

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Future Firm

NOVEMBER 9, 2022

This is my complete guide to accounting automation in 2023. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Automate all 15 areas of your accounting. What is Accounting Automation? Will Automated Accounting Replace You? Let’s get started.

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RevCycle

JANUARY 23, 2025

Mandatory Debt Collection Policies: Healthcare providers are required to adopt and publish their medical debt collection policies, promoting transparency and accountability. Yet compliance remains paramount, so we must not lose sight of state-specific regulations to ensure that your patients are treated fairly within the law.

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