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The healthcare revenuecyclemanagement (RCM) domain, a crucial component for any healthcare establishment, has seen seismic shifts since the pandemic. Evolving Needs in the Healthcare RevenueCycleManagement Landscape The ongoing global pandemic has added complexity to an already intricate RCM landscape.
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 revenuecyclemanagement. The post Preparing for 2025: Key Trends & Predictions in Medical Collections appeared first on RevCycle.
2024 RevenueCycleManagement 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.
As healthcare continues to evolve, so do the complexities of managing the revenuecycle, with denial management being one of the most persistent challenges. Denial management is an essential component of healthcare revenuecyclemanagement (RCM) because denials directly impact an organization’s financial health.
Decoding the Intricacies of Healthcare Billing: Navigating Claims Denials and RevenueCycleManagement Home / December 8, 2023 Healthcare billing is a vital function in the medical administration ecosystem, playing a crucial role in sustaining the financial health of healthcare organizations.
The Evolution of Electronic Medical Claims and RevenueCycleManagement in the US Healthcare System Home / November 29, 2023 In the constantly evolving landscape of US healthcare, the story of electronic medical claims and revenuecyclemanagement stands out as a testament to technology’s transformative power.
May 24, 2023 9 Essential Questions RevenueCycle Leaders Should Be Asking About Their Claims and Clearinghouse Partner Welcome to the world of healthcare revenuecyclemanagement, where every aspect of your business is crucial to success.
The Evolution of Medical Billing Clearinghouse Vendors in RevenueCycleManagement: Spotlight on The SSI Group, LLC (SSI) Home / December 20, 2023 Author: Christy Wright, CMO at The SSI Group, LLC In the intricate tapestry of healthcare finance, the journey of a medical claim from inception to resolution is critical.
The healthcare revenuecyclemanagement (RCM) domain, a crucial component for any healthcare establishment, has seen seismic shifts since the pandemic. Evolving Needs in the Healthcare RevenueCycleManagement Landscape The ongoing global pandemic has added complexity to an already intricate RCM landscape.
In this challenging operating environment plagued with labor shortages and financial woes, SSI remains focused on helping providers optimize their Cerner investment by addressing any claim errors within Cerner work queues prior to claim generation for time savings and shorter payment cycles. Denial Management (3). revenuecycle (7).
In the complex world of healthcare revenuecyclemanagement, insurance claims and prior authorizations are among the most time-consuming and error-prone processes.
Join Tracey Tillman, Director of Product Management at SSI, in an engaging webinar where she will take you on a journey of our seamless integration with Epic. You’ll discover how our cutting-edge technology, combined with our commitment to constant innovation, can help you achieve peak performance in revenuecyclemanagement.
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
Prior authorization is not only one of the most time-consuming aspects of all revenuecycle transactions, but it is also one of the leading causes of claim denials, according to a recent report by the American Hospital Association (AHA). Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar].
Cash Reserves : Maintain a cash reserve to cover unexpected expenses or revenue shortfalls, such as during periods of low occupancy. RevenueCycleManagement : Streamline billing and collections processes to ensure timely payments from residents, insurance companies, and government programs. Access and visibility are key.
Register today Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for?
Tracey Tillman, Director of Product Management, will present the webinar Streamline Your Claims Management Process with Epic & SSI Integrations. In pursuing a frictionless revenuecycle, the ability to work medical claims directly within your Epic system is vital.
What is RevenueCycle in Healthcare: Understanding Rev CycleManagement Home / March 4, 2024 Author: Kristy Boldt, Sr. This system is known as revenuecyclemanagement (RCM), and it’s crucial for keeping healthcare providers operating smoothly.
May 24, 2023 9 Essential Questions RevenueCycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenuecyclemanagement, where every aspect of your business is crucial to success.
Reboot Your RevenueCycle with Prior Authorization Automation. This webinar, developed in partnership with HFMA, breaks down the real-world benefits of prior authorization automation for your staff, your revenuecycle and your patients. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar].
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
What’s Top-of-Mind for RevenueCycle Leaders in 2022. There is no doubt healthcare revenuecycle leaders have faced unprecedented challenges these past few years. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. epic his (1).
Cloud-Based Solutions: Consider adopting cloud-based solutions for revenuecyclemanagement. Continuous Learning: Stay updated on industry trends and best practices related to revenuecyclemanagement. This can reduce errors and expedite the claims process.
Read More The SSI Group Announces Key Partnership with RCxRules The SSI Group, a leader in financial performance solutions for providers and payers, announced today a partnership with RCxRules, a leading provider of automated billing solutions for healthcare organizations’ population health and revenuecycle operations.
Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeways]. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar].
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. claim denials management (1).
Revenuecyclemanagement improvement is a constant in the healthcare industry. Whether you're looking to improve outcomes, protect and increase revenue, lower costs, leverage technologies, improve analytics or even dip your toes is a broader pond of talent—it all boils down to continuous improvement in the face of change.
As denials become an even bigger pain point for healthcare organizations and leaders, a well-orchestrated denial management strategy powered by the right technology and processes is becoming a must-have if you want to better manage denials and appeals – and stop revenue leaks. Denial Management (3). revenuecycle (7).
Eligibility Denials: A Major Challenge for Hospitals March 13, 2023 Denials are one of the most expensive revenuecycle issues, posing major concerns to revenuecycle leaders throughout the country. Problems that lead to denied claims occur throughout the revenuecycle but routinely point to eligibility.
October 4, 2022 (Mobile, AL) — The SSI Group, LLC (SSI), a leading provider of revenuecyclemanagement (RCM) solutions, today announced the launch of a turnkey, end-to-end electronic prior authorization solution for healthcare providers that connects in real-time to more than seven-hundred payers. “We RevenueCycle.
The Dignity Statement: A Beacon of Respect RevCycle, a leader in healthcare revenuecyclemanagement, exemplifies this commitment to respectful language with their innovative “ Dignity Statement.”
In pursuing a frictionless revenuecycle, the ability to work medical claims directly within your Epic system is vital. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar].
Together, they’ve implemented a streamlined revenuecyclemanagement solution that fits their current needs and is easily scalable for any future expansion. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Denial Management (3).
Save my seat Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for? . • Q&A session to discuss Michigan’s prior authorization process, implementation, and impact on healthcare.
Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes. Among them, the 275 electronic attachment is emerging as an essential tool in the realm of RevenueCycleManagement (RCM).
With provider margins razor thin, hospitals and medical groups report continued revenuecycle workforce shortages and increased challenges competing to fill open positions amidst compensation wars. With that experience comes a wealth of claims data that we share with revenuecycle leaders.
Streamline Your Epic Claims Management Process with SSI Integrations [On-Demand Webinar] The SSI Group, LLC (SSI) invites all hospitals and health systems that run Epic as their HIS to watch this on-demand webinar specifically tailored to highlight the available integrations between our systems.
With its denial budget decreasing every year, Anderson Regional wanted to do everything possible to address denials and meet its revenue goals. Additionally, SSI Eligibility helps providers follow best practices of checking eligibility early and often throughout the revenuecycle.
W e know back-end functions of a business office are complex, so we 're here to share a few tips to make it more manageable. Having trouble keeping up with claims? A/R days quickly adding up? Overwhelmed by denials? There are solutions for these.
For one, labor shortages are looming over revenuecycle leaders, with a recent survey published in Becker’s Hospital Review showing nearly half are experiencing severe shortfalls in vital positions, from front-end revenuecycle to denial management experts.
Read More The SSI Group Announces Key Partnership with RCxRules The SSI Group, a leader in financial performance solutions for providers and payers, announced today a partnership with RCxRules, a leading provider of automated billing solutions for healthcare organizations’ population health and revenuecycle operations.
Productivity boost enables you to reallocate staff to more rewarding work, reduce headcount or better manage staffing shortages, improving margins and cutting per patient labor costs. Reduction in the administrative burden on revenuecycle teams in turn leads to improved job satisfaction and employee retention.
As revenuecycle leaders and CFOs of hospitals and health systems, you’re at the helm of operational excellence and financial sustainability. The world of revenuecyclemanagement (RCM) is no different. Yet, even amidst this digital transformation, one element remains irreplaceable: the human touch.
Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenuecycle. RCM is the strategic approach to managing the financial aspects of the entire patient care journey, from when a patient seeks medical services to the final payment received from insurance providers and patients.
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