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Preparing for 2025: Key Trends & Predictions in Medical Collections

RevCycle

As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. HIPAA: Cybersecurity Focus: With increasing cyber threats, HIPAA may introduce stricter cybersecurity standards to protect patient health information.

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Streamlining Payer Requests for Information: A Provider’s Guide

RevCycle

Hospitals are facing a growing threat to their bottom lines, namely payer requests for information (RFI’s). Cloud-Based Solutions: Consider adopting cloud-based solutions for revenue cycle management. Continuous Learning: Stay updated on industry trends and best practices related to revenue cycle management.

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

Compleatable

Cash Reserves : Maintain a cash reserve to cover unexpected expenses or revenue shortfalls, such as during periods of low occupancy. Revenue Cycle Management : Streamline billing and collections processes to ensure timely payments from residents, insurance companies, and government programs. 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. RCM denial management (3). revenue cycle (7).

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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

Strategies to Improve Clean Claim Rates Enhancing CCR involves implementing several key strategies: Accurate Data Capture: Ensuring that patient demographics and insurance information are correctly captured during registration is crucial. Errors in this data are a common cause of claim denials.