All small practices, hospitals, and bigger healthcare systems are known for treating patients and saving lives. Also, every healthcare practice or organization needs to create successful procedures and policies for staying financially healthy. Here, the healthcare revenue cycle management plays an important role to simplify administration for medical institutions, especially for hospitals. It helps to manage clinical and administrative functions related to payment, claims processing, and revenue generation. Practically, a healthcare revenue cycle management flow chart is the strategy that healthcare organizations generally adapt to... Read More

Accounts Receivable Management in Medical Billing is referred as a dedicated procedure where an undesirable account aging along with intensifying number of Accounts Receivable days and denials are controlled and managed. AR involves the management of many reports related to collection analysis, insurance, write-offs, ratio analysis, and bad debt reviews. As per current trends of increasing patient deductibles, falling rate of reimbursement, and rising operating costs, it is critical for physicians and hospitals, filing and following up on the process of insurance claims. So, AR... Read More

Revenue Cycle Management (RCM) is also referred as the lifeline of any medical practice. Many physicians sometimes mistakenly find a Revenue Cycle Management Company similar to Practice medical billing company. RCM medical billing is more extensive than medical billing which involves coding and billing, denial management, claim processing, patient payments, and revenue generation. End to end revenue cycle solutions for an increased revenue stream involves time management and the practice workflow that starts at the time of registration. Here, eligibility for patient’s insurance policy is... Read More