Increased Spending

Service Spotlight: Payment Posting and Denials Management

[vc_row][vc_column][rev_slider_vc alias="pp-and-denials"][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_column_text]Getting your reimbursement from payors is key to any successful practice. However, ensuring those payments are posted accurately and denials are worked promptly, can not only make a huge difference in your cash flow, but your practice’s overall financial health. Why is timely payment posting so important? When payments are posted within 24-48 hours of receipt, it ensures your Accounts Receivable (AR) and Days Sales Outstanding (DSO) is accurate....

Donna White
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CMS Spending Growth

RCM Transformation Needed

[vc_row][vc_column][rev_slider_vc alias="rcm-transformation"][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_column_text]COVID-19 has no doubt re-shaped the way healthcare is conducted. From more telehealth visits to nurse only visits for vaccine administration, both physician office and hospital visits are not what they were two years ago. Which has all impacted the way the Revenue Cycle must be managed. Hospitals have taken the biggest hit, with major changes to their payor mix. A shift from Commercial payors to more Medicaid (a...

Donna White
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RCM Risks

Revenue Cycle Risks in 2019

[vc_row][vc_column][rev_slider_vc alias="risks-2019"][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_column_text]A new year means new complications for the Healthcare Revenue Cycle. A new report from Crowe, a public accounting, consulting and technology firm explores the potential risks for healthcare in 2019. This report came from reviewing risk assessments in 2018 for more than 250 hospitals, physician practices and other providers. Billing and Collections Many practices are outsourcing their billing and collections. This is a great option for many organizations to...

Donna White
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denials management

Denials Management

[vc_row][vc_column][rev_slider_vc alias="denials-management"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]What exactly is denials management? What are the benefits of tracking and managing your denials? Who should be tracking your denials rate? In today’s blog, we’re going to explore these questions. Denials Management Denials management is the process of reporting on received denials on a regular timetable, usually set by executive management. Be it weekly or monthly, depending on the size of your practice, tracking your denials types will help...

Donna White
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