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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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What’s Top-of-Mind for Revenue Cycle Leaders in 2022

SSI Healthcare Rev Cycle Solutions

What’s Top-of-Mind for Revenue Cycle Leaders in 2022. There is no doubt healthcare revenue cycle leaders have faced unprecedented challenges these past few years. Collectively, they expressed ongoing concerns over payers’ willingness and ability to help them achieve the desired outcome. August 8, 2022.

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App Partner Stories: Supporting a (robotic) bird’s eye view of analytics (literally)

Xero

That used to be a two-week process of collecting hours and modifying data. Handling invoices this way, I can collect data, run a couple of reports, get it reviewed, get it onto an invoice, get that reviewed, and we’re out the door,” says Jeff. Jeff now gets time back to focus on the larger financial picture. .

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

SSI Healthcare Rev Cycle Solutions

This could result in an increased burden on hospitals to screen patients for charity care, financial assistance, and collection activity. Click the button below to receive a customized tutorial catered to your specific revenue cycle management (RCM) needs. healthcare revenue cycle (4). revenue cycle (10).

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Mastering Patient Eligibility Verification: Best Practices, Proven Solutions, and Real-World Examples [SSI Preventing Eligibility Denials Series: Part 3 of 3]

SSI Healthcare Rev Cycle Solutions

For the last blog in this series, we are going to cover the best practices for eligibility verification, a real world-case study, and solutions to address eligibility needs. Additionally, SSI Eligibility helps providers follow best practices of checking eligibility early and often throughout the revenue cycle.

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Healthcare RCM: Here Come the Corporations!

RevCycle

Our last blog post touched on inflation while addressing the staffing crisis – healthcare providers are truly under siege. Revenue Cycle – Optimize, optimize, OPTIMIZE! However, those financial boosts solve nothing if there are unknown revenue cycle issues undermining their performance.

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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.