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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RCM

The Future of RCM: Artificial Intelligence

[vc_row][vc_column][rev_slider_vc alias="future-of-rcm"][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_column_text]No doubt the pandemic has shifted the revenue cycle model. However, that model had already started to change with payor contracts and fee schedules, higher patient responsibility and deductibles, and a move towards value-based payments. The Revenue Cycle needs an update to deal with the increase in healthcare technology. We see more A.I. being used in clinical treatment and triage but triaging the revenue cycle is a different...

Donna White
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Working Common Denials (part 1)

[vc_row][vc_column][rev_slider_vc alias="common-denials"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Depending on your practice, there may be several types of top denials. In today’s article, we are going to review best practices for follow up on some of the most common denials, regardless of specialty. Coverage Termed/Expired Per the EOB, the patient’s service denied as Coverage Termed or Expired at the time of the service. In your practice management system, check the Insurance Screen’s eligibility area to see what eligibility information...

Donna White
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