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Preparing for 2025: Key Trends & Predictions in Medical Collections

RevCycle

In 2025, a strategic approach to collections, leveraging technology and focusing on patient relationships, will be essential for having efficient, quality and performance improvement in your revenue cycle management. Conduct regular compliance audits: Identify potential vulnerabilities and implement corrective actions.

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North American Assisted Living & Aged Care Purchasing, Procurement, Finance and Accounting Best Practices.

Compleatable

When it comes to the operational aspects of running assisted living facilities or nursing home, such as purchasing, procurement, finance, and accounting, there are several best practices that can help ensure efficiency, compliance, and financial stability. Here are a few that can aid your home management. staffing, supplies, utilities).

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The Evolution of Electronic Medical Claims and Revenue Cycle Management in the US Healthcare System

SSI Healthcare Rev Cycle Solutions

The Evolution of Electronic Medical Claims and Revenue Cycle Management in the US Healthcare System Home / November 29, 2023 In the constantly evolving landscape of US healthcare, the story of electronic medical claims and revenue cycle management stands out as a testament to technology’s transformative power.

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How To Maximize Medicare Reimbursements

RevCycle

Programs such as the Merit-based Incentive Payment System (MIPS) and Accountable Care Organizations (ACOs) reward providers for improving patient outcomes and efficiency. Incorrect codes or insufficient documentation can lead to underpayments, claim denials, or even audits.

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Accounting Automation: The Definitive 2023 Guide

Future Firm

This is my complete guide to accounting automation in 2023. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Automate all 15 areas of your accounting. What is Accounting Automation? Will Automated Accounting Replace You? Let’s get started.

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Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems

SSI Healthcare Rev Cycle Solutions

July 13, 2023 Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems As hospitals and health systems strive to optimize revenue cycle management, the role of edits in streamlining claims processing and expediting payments has become increasingly crucial.

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Understanding Revenue Leakage: Causes, Prevention and Solutions

Billing Platform

Further to the point, systems like customer relationship management (CRM), enterprise resource planning (ERP), and billing require real-time data synchronization to help ensure accurate and complete data to identify revenue gaps. Revenue assurance platforms to track and automate revenue workflows. Perform internal audits.

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