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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

Collection, digitization, verification, coding and approval of Invoices and Bills improves finance efficiency by up to 95%. Cash Reserves : Maintain a cash reserve to cover unexpected expenses or revenue shortfalls, such as during periods of low occupancy. Access and visibility are key.

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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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Infographic: Get Out of the Denial Danger Zone

SSI Healthcare Rev Cycle Solutions

A Smarter Denials Management Strategies is a Necessity. A Path Forward: SSI Solutions (Claims Reporting and Analytics, Denial Management, Audit Management). SSI AUDIT MANAGEMENT: Gain insight into the root cause of denials and maximize appeal recoveries. billing and claims management (3).

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

SSI Healthcare Rev Cycle Solutions

Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems Home / July 13, 2023 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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Optimizing Clean Claim Rates: A Key Strategy for Financial Efficiency

SSI Healthcare Rev Cycle Solutions

Maintaining a high CCR is indicative of efficient billing and coding processes, leading to faster reimbursements and improved cash flow. Staff Training: Regular training programs for billing and coding staff help maintain up-to-date knowledge of coding standards and payer requirements, reducing the likelihood of errors.