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Preparing for 2025: Key Trends & Predictions in Medical Collections

RevCycle

In 2025, a strategic approach to collections, leveraging technology and focusing on patient relationships, will be essential for having efficient, quality and performance improvement in your revenue cycle management. Conduct regular compliance audits: Identify potential vulnerabilities and implement corrective actions.

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North American Assisted Living & Aged Care Purchasing, Procurement, Finance and Accounting Best Practices.

Compleatable

Cash Reserves : Maintain a cash reserve to cover unexpected expenses or revenue shortfalls, such as during periods of low occupancy. Revenue Cycle Management : Streamline billing and collections processes to ensure timely payments from residents, insurance companies, and government programs. Access and visibility are key.

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The Evolution of Electronic Medical Claims and Revenue Cycle Management in the US Healthcare System

SSI Healthcare Rev Cycle Solutions

The Evolution of Electronic Medical Claims and Revenue Cycle 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 revenue cycle management stands out as a testament to technology’s transformative power.

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Streamlining Payer Requests for Information: A Provider’s Guide

RevCycle

Cloud-Based Solutions: Consider adopting cloud-based solutions for revenue cycle management. Enhance Data Quality & Accuracy Regular Data Audits: Conduct regular audits to identify and correct errors in patient data, such as incorrect insurance information or missing medical codes.

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Infographic: Get Out of the Denial Danger Zone

SSI Healthcare Rev Cycle Solutions

A Path Forward: SSI Solutions (Claims Reporting and Analytics, Denial Management, Audit Management). Our powerful, easy-to-use platform simplifies denial management from the start and helps your revenue cycle team take a proactive approach to working unpaid claims and managing the recovery process. Search for: Recent Posts.

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How To Maximize Medicare Reimbursements

RevCycle

Incorrect codes or insufficient documentation can lead to underpayments, claim denials, or even audits. Master Correct Coding & Documentation Accurate coding and documentation are fundamental to securing appropriate Medicare reimbursements.

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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.