4th April 2023 Estimated reading time : 10 Minutes The Top 9 RCM Trends in 2023 The year 2022 was economically challenging for hospitals, Healthcare systems, and even mid to large-sized physician offices. Additionally, the long period of hardship brought on by COVID-19, and its inflationary effects also had an influence on Healthcare providers. Also,…
12th Dec 2021 Estimated reading time : 10 Minutes Prior authorization and it’s outsourcing benefits Pre Authorization OR Prior Authorization is the process of obtaining prior approval from the payer (insurance company) before a healthcare provider provides services to a patient; also known as prior approval or pre-certification, it is the health insurer’s confirmation that…
10th Sep 2021 Estimated reading time : 7 Minutes The 5 Key areas where RPA is transforming the Healthcare Industry The healthcare industry has always been reluctant to use robotic process automation (RPA) to investigate new possibilities. With the implementation of different healthcare reforms, many firms have begun to use RPA and other creative technology…
21st Jan 2021 Estimated reading time : 7 Minutes Optimize and Improve the Medical Claims Billing Process The medical billing process’s bureaucracy and behind-the-scenes conspiracies mean that the revenue cycle is much more complicated than in the days before the industry started introducing software automation tools to the mix. The medical billing process today is…
10th Nov 2020 Estimated reading time : 5 Minutes Role of Telemedicine Post-Covid 19 Pandemic The COVID-19 pandemic has shifted telemedicine from an anomaly and outlier to a necessity overnight, and doctors say they can’t see ever going back to their old model of care. As we experience a resurgence in Covid-19 cases, healthcare consumers…
01st Oct 2020 Estimated reading time : 5 Minutes Managing Accounts Receivables in Covid-19 Accounts receivable is one of the major factors in the revenue cycle management. With almost all major economies of the world coming to a standstill due to stringent lockdown and social-distancing measures, most organizations are reeling for cash. The tremors of…
09th sep 2020 Estimated reading time : 5 Minutes Telemedicine and Medical Coding in Covid-19 As the world continues to deal with the COVID-19 pandemic, telehealth is emerging as an effective and sustainable solution for precaution, prevention and treatment to stem the spread of COVID-19 and is offering an excellent way for practices across the…
08th Sep 2020 Estimated reading time : 5 Minutes How to Improve AR and Enhance Cash Flow Setting up an efficient AR (accounts receivables) management strategy is an important part of any successful business. Even though there is no such company which intends to adopt weak accounts receivable policies but lack of planning or a…
08th Sep 2020 Estimated reading time : 5 Minutes 5 benefits of outsourcing Accounts Receivables For healthcare organizations with an inefficient A/R infrastructure, billing is usually delayed or are often inaccurate. This can lead to a reduced bottom line alongside worsening your patients relationship with your hospital when inefficiencies occur. Without the acceptable A/R structure,…
19th Aug 2020 Estimated reading time : 1 Minutes Impact of Covid-19 on Medical billing companies in US The global COVID 19 pandemic attack has gone far beyond thousands of infections and deaths and has affected almost all sectors. Healthcare organizations and medical billing companies being in the vanguard during this travail state are most…