The core of physician billing services for a medical practice or facility begins with the first contact with the patient and includes every step of dealing with insurers and payers until you receive payment; however, there is more to revenue cycle management (RCM) than that. There are several aspects of RCM that take…

Every practice or medical organization manages its 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…

  Regardless of the industry, business success clearly depends on getting paid for goods and services provided. In the healthcare sector, revenue cycle management (RCM) is more elaborate and complicated than it is in any other field. In its most simplified form, medical RCM begins when the patient contacts a provider to make an appointment….

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…

In today’s society, technology is at the centre of just about everything we do. It has improved the way people communicate and connect with each other, and it changed the way we save, store, and access relevant information. As far as the medical field is concerned, technology has made an impact on that as well….