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2024 Revenue Cycle Management Challenges and Emerging Trends

SSI Healthcare Rev Cycle Solutions

2024 Revenue Cycle Management 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.

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

SSI Healthcare Rev Cycle Solutions

This process involves several steps that trace the entire healthcare claims life cycle from when a patient checks in at a facility to when they receive a bill from their insurance provider. This bill includes details about the services provided, the insurance payment received, and the patient’s portion of the cost.

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

SSI Healthcare Rev Cycle Solutions

This process involves several steps that trace the entire healthcare claims life cycle from when a patient checks in at a facility to when they receive a bill from their insurance provider. This bill includes details about the services provided, the insurance payment received, and the patient’s portion of the cost.

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Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems

SSI Healthcare Rev Cycle Solutions

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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How Healthcare Billing Departments Can Maximize AR Potential Before Year-End

SSI Healthcare Rev Cycle Solutions

This proactive measure not only fortifies the billing process but also enhances financial health by accelerating cash flow by 6-10 days and reducing the days in accounts receivable (AR), ensuring a smoother and more efficient revenue cycle. Yet, within these challenges lie opportunities for significant financial gains.

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How Healthcare Billing Departments Can Maximize AR Potential Before Year-End

SSI Healthcare Rev Cycle Solutions

This proactive measure not only fortifies the billing process but also enhances financial health by accelerating cash flow by 6-10 days and reducing the days in accounts receivable (AR), ensuring a smoother and more efficient revenue cycle. Yet, within these challenges lie opportunities for significant financial gains.

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SSI’s Integrations Make Epic Medical Billing Easy

SSI Healthcare Rev Cycle Solutions

Rapid Retest provides real time feedback in order to shorten the accounts receivable days. Rapid Retest is a collaboration between SSI and Epic that builds on CRD functionality, reducing the accounts receivable days associated with our clients’ erred claims.

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