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2024 Revenue Cycle Management Challenges and Emerging Trends

SSI Healthcare Rev Cycle Solutions

2024 Revenue Cycle Management Challenges and Emerging Trends Home / January 16, 2024 Author: David Mancuso, Sr. Marketing Manager at The SSI Group, LLC Welcome to the healthcare landscape of 2024 – a complex terrain where high stakes meet numerous challenges, defining a dynamic and demanding era in healthcare.

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How Healthcare Billing Departments Can Maximize AR Potential Before Year-End

SSI Healthcare Rev Cycle Solutions

With provider margins razor thin, hospitals and medical groups report continued revenue cycle workforce shortages and increased challenges competing to fill open positions amidst compensation wars. With that experience comes a wealth of claims data that we share with revenue cycle leaders.

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How Healthcare Billing Departments Can Maximize AR Potential Before Year-End

SSI Healthcare Rev Cycle Solutions

With provider margins razor thin, hospitals and medical groups report continued revenue cycle workforce shortages and increased challenges competing to fill open positions amidst compensation wars. With that experience comes a wealth of claims data that we share with revenue cycle leaders.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle. Step 6: Healthcare Claim Adjudication Upon receiving the claim, the insurance provider initiates the claim adjudication process. Patients are then responsible for making timely payments to the healthcare facility.

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Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle. Step 6: Healthcare Claim Adjudication Upon receiving the claim, the insurance provider initiates the claim adjudication process. Patients are then responsible for making timely payments to the healthcare facility.

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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 the Order to Cash Process: A Simple Guide

Nanonets

The  OTC process  encompasses a series of steps, starting from when a customer makes a purchase to when the business receives and clears cash for that purchase. It includes  order management ,  credit management ,  order fulfillment , invoicing, accounts receivable, payment collection, and  data management.