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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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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. Popular Topics Access Management (1). revenue cycle (10).

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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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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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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

Fast-forward to the present day, Anderson Regional now has a single solution to manage front-end verification for eligibility, estimation, collections, back-end claims scrubber, clearinghouse, and denials. This is integrated with their host EHR, which facilitates the movement of data to quickly identify areas for improvement.

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

SSI Healthcare Rev Cycle Solutions

Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle. Copayments are normally collected upfront at the time of service. The claim is then electronically submitted to the patient’s insurance provider for processing.