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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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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. For more information on SSI PBE, contact us or request a demo. Click the button below to receive a customized tutorial catered to your specific revenue cycle management (RCM) needs.

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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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Solving the Prior Authorization Dilemma: How Michigan Led the Way and What’s Next

SSI Healthcare Rev Cycle Solutions

. • Updates on program performance, data collection, and upcoming reporting requirements for payers. • Save my seat 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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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.

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Flawless Execution of Professional Billing for Northern Regional Hospital

SSI Healthcare Rev Cycle Solutions

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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Rising Paper Statement Costs and the Switch to Mobile Patient Payments [Infographic]

SSI Healthcare Rev Cycle Solutions

Rampant inflation is about to make patient payments more difficult (and more expensive) to collect as prices for everything including every day items like gas and food continue to increase. Omni channel billing is the best strategy for collecting reimbursements, where every option is made available to a patient. revenue cycle (7).