Every practice or medical organization manages their revenue cycle to some degree, but an organized, well-designed approach to revenue cycle management can be the difference between a struggling practice and a thriving one. Revenue Cycle Management (RCM) begins when the patient enters into a relationship with a healthcare organization and continues through the entire process…

Effective revenue cycle management (RCM) is critical to the financial success of a medical organization and outsourcing to experts makes the process both more accurate and efficient. Many people do not realize that RCM is much more than bookkeeping and cost cutting. Everything related to how a practice gets paid, from getting insurance approval when…

Medical Billing Companies

The accounts receivables have to be collected in the shortest time possible for proper management of the revenue cycle. Another name for accounts receivable is patient accounts, that denotes the revenue generated but not yet realized. To generate enough cash flow for effective management, the medical office needs to maximize the revenue potential. According to…

Medical Billing Expert

  Business crucial for business growth. Same holds for the Medical and healthcare industry. A competitive business environment call for acquiring and retaining well-satisfied clients. To accomplish it, medical facilities need to provide quality against the value of money while meeting the demands of patients. The service level agreements as well as on-time delivery of…

medical billing services

    In the medical Industry, the insurance claims and other billing issues are a growing concern for medical physicians. There are many medical entrepreneurs, practicing doctors, healthcare providers, and administrators that are embracing the concept of outsourcing their medical billing. Others stick to a more conservative approach and keep the processing and collection in-house….

Medical billing inefficiencies can bankrupt a medical practitioner, a group, hospital or medical center. The demands from insurance organizations are mounting immense pressure on providers to straighten out their coding and billing processes and to improve their revenue cycle. As a medical professional, no matter what position you hold, either you are an independent physician,…

Revenue Cycle Management is a process that is employed in the US healthcare system. In the United States, the revenue from patients is tracked from their first encounter with a medical facility to avail any form of medical service or product to their most recent payment of balance. The cycle can be defined as, “all…

Medical billing acts as the bridge between a healthcare provider and the insurance company. The number one problem that healthcare clinics and other medical facilities face, is collecting money from patients in the form of insurance claims. Problems mount when healthcare providers try to handle both their healthcare practice and the financial burden of the healthcare…

© 2018 - MEDCARE MSO

Medcare MSO
WordPress Lightbox