Revenue Cycle Management

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 […]

Healthcare Documentation Training for Better Prospects

It is an agreed fact that by availing the services of healthcare documentation specialists, primary healthcare providers can reduce the burden of documenting healthcare procedures on clinicians. This facilitates improved workflow and job satisfaction by enhancing the time for patient interaction for the physicians. Studies on evaluation of the effect of using scribes and how […]

EHRs Play a Crucial Role in Fighting Coronavirus

Electronic health records (EHRs) that are the digital version of paper charts of healthcare providers play a critical role in maintaining the health records of patients. The EHRs provide real-time and patient-centric records that are easily accessible by the authorized people who include physicians, healthcare staff, and the patients. Since electronic health records have comprehensive […]

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, […]

Revenue Cycle Management and Why HealthCare facilities should find an RCM partner today! -Avontix

Did you know that Insurers reject nearly 26% of all claims and up to 40% of those claims are never resubmitted? This means every physician can lose up to 10% revenue. Introduction of Revenue Cycle Management Systems can increase payments and decrease the bad debt write-offs. Let us see what RCM is and why it […]

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