Tag: Revenue Cycle Management

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How to prevent and manage claim denials...

For many healthcare providers, claim denials are a frustrating cost of doing business. Each year, around 5-10% of medical billing claims are rejected (possibly...

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How Contract Manager improves revenue cycle management...

A recent Black Book survey of more than 500 healthcare networks revealed that hospitals in the U.S. have been painstakingly slow in adopting healthcare revenue...

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How can customizable edits improve your denial rate?...

Healthcare organizations have been forced to deal with billing challenges for so long that many might consider the struggle to simply be the price...

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Tackling healthcare collections challenges with techno...

The burden of healthcare expenses on patients is a growing problem for hospitals and patients alike. Hospitals are losing about $7.5 billion in out-of-pocket medical expenses that...

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How Schneck Medical Center manages denials promptly an...

Healthcare providers should be able to focus on what’s important: their patients and the care they need. However, providers and their staff must spend...

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How Boys Town Hospital overcame its revenue management...

About 8 percent of the costs involved in U.S. healthcare are spent on administrative costs. Whether it’s paperwork for a simple follow-up or processing billing for...

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Reduce the time it takes to get claims paid...

It’s no secret that claim denials cost healthcare organizations. They take about 16 more days to pay out than claims that have not been denied. On...

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How automation simplifies patient collections...

Healthcare providers are relying on patients for more of their revenue as more of the burden of healthcare costs shifts to them. In fact,...

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How to increase clean claims and reimbursement rates...

Healthcare runs on revenue, and claims denials can put a big dent into the budgets of healthcare providers — between 5 and 10 percent of claims...

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