RCM services in Hyderabad

Revenue Cycle Management in the Healthcare Industry

Hospitals, clinics, and small practices provide healthcare industry services that play a critical role in improving health and saving lives. Although providing healthcare is a service, healthcare providers cannot offer their services free of cost. Every healthcare organization has to develop and follow certain processes and uniform procedures to maintain their financial health and survive […]

How Can Medical Billers Avoid Claim Denials?

Medical billing is a critical process in the revenue cycle management of every healthcare providing organization and helps the healthcare provider get its dues in the form of timely claim reimbursements for the services provided. A medical billing denial results in revenue losses for the provider and affects the bottom line negatively. A medical bill […]

Common Revenue Cycle Myths that Affect Healthcare Providers

Healthcare providers have a tough task in optimizing their revenue cycle because of the nature of business they are in that deals with the health of people. Although it is challenging in the beginning stages, it is not entirely difficult to drive revenues to increase cash flow if healthcare facilities are capable of making their […]

Ways Healthcare Facilities Can Improve Charge Capture

Charge capture is an important process of revenue cycle management that helps the physicians and healthcare facilities to record the services and procedures performed on patients that is later on submitted to the insurance companies to get the reimbursement. Doctors record and transfer the charge capture information in various ways like using spreadsheets, post-it notes, […]

Ways to Take Control of Medical Accounts Receivables

One common thing that bothers healthcare providers is poor accounts receivables management and the unacceptable cash flows resulting thereby. Healthcare providers can focus on providing quality healthcare only when they have proper revenues and problems in accounts receivables result in loss of revenue. The revenue cycle management of a healthcare provider involves achieving the shortest […]

Dealing with Pre-Authorization in Medical Industry

Among the many frustrating and time-consuming processes, physicians are required to complete as part of their job is to deal with the pre-authorization. Getting pre-authorization for procedures to be performed is expensive in terms of time and productivity as it takes a considerable amount of time in getting it from the payers. Receiving pre-authorization for […]

Revenue Cycle Risks Healthcare Providers Should Deal With

Every now and then, healthcare facilities have to deal with various risks that hinder any of the critical areas of a healthcare facility in achieving its goals. As per the revenue cycle management experts, the critical areas of a healthcare facility that could be affected by risk are; quality patient care, operations, compliance with regulations, […]

Take Charge of Common Issues in Medical Billing Proactively

A lot of issues are faced by healthcare organizations in the process of revenue cycle management and they need a robust system in place to tackle these issues effectively. All the various issues related to operations, communication, and finances have to be managed carefully or else healthcare providers may suffer the loss of revenue. To […]

Best Practices for Optimizing Revenue Cycle Management

The healthcare industry is an industry that has unpredictable revenues due to the uncertainties involved in the collectibles. To stay in the business of providing healthcare it is requisite that the facility receives its revenues on time. Healthcare providers need to streamline their revenue cycle management to ensure that their business runs smoothly. Providing care […]

4 Credible Ways to Improve Revenue Cycle Management

Healthcare industry is vastly different from the other businesses and hence faces a lot more challenges than the other industries in managing its complicated revenue cycle. The waning reimbursement rates of the claims and the dynamic health policies make it challenging for the healthcare industry managers to improve the financial health of the facilities by […]

Scroll to top
Open chat