Managing claim denials is essential in the revenue cycle, recouping lost healthcare revenues and maximizing reimbursements. So what if you could stop (or at least reduce) claim denials in their tracks?Read More
We’ve all experienced both love and hate for something, admit it. I confess, I continue to experience a love-hate relationship with Denials. Let me explain.Read More
41% of Americans make New Year’s resolutions every January and on average one third are able to maintain their resolution through March.Read More
The start of the new year is a great time to evaluate your facility’s past performance, identifying areas of excellence and areas for improvement. After evaluating the strengths and weaknesses of each department and your revenue cycle, crafting a set of resolutions can help you achieve optimal results and surpass prior year’s successes.Read More
There is a lot of information floating around about Early Out Self-Pay, an emerging healthcare service necessity, but as with many things, not all of it is based in fact.
Do you spend sleepless nights thinking about how to maximize throughput within your revenue cycle functions? Throughputs can include increasing cash, decreasing days in revenue outstanding, improving customer satisfaction or maintaining compliance standards and the available strategies are often complicated by external factors such as: consumerism, newly insured patients, increases in patient liability, sophisticated payer edits, denials for payment and staff turnover.Read More
Are you frequently reviewing your post ICD-10 risk mitigations plan? Did you even create a post implementation risk mitigation plan for your revenue cycle? If the answer is no to either of these questions don’t worry it is not too late to do something. The greatest risk areas in the revenue cycle is a delay in cash flow. You can start a simple risk mitigation plan by asking yourself some simple questions:Read More