SSI Healthcare Rev Cycle Solutions

JANUARY 17, 2023

However, a recent spending bill passed in December 2022 changes this and sets April 1, 2023, as the end date for the continuous coverage requirement, regardless of whether the PHE is still in effect. This could result in an increased burden on hospitals to screen patients for charity care, financial assistance, and collection activity.

Revenue Cycle 75

Revenue Cycle Revenue Cycle Management Billing Collections 75

SSI Healthcare Rev Cycle Solutions

AUGUST 25, 2022

Flawless Execution of Professional Billing for Northern Regional Hospital. As Northern Regional Hospital continued expanding its system and services, its leadership found themselves with a problem – completely independent computer systems to manage the hospital and individual practice billing. August 24, 2022. August 24, 2022.

Billing 52

Billing Revenue Cycle Revenue Cycle Management Computation 52

SSI Healthcare Rev Cycle Solutions

MARCH 8, 2023

Decoding the Differences Between Hospital Billing vs. Professional Billing February 21, 2023 Hospital billing and professional billing both refer to the process of submitting and receiving payment for medical services provided to patients. What is Hospital Billing? What is Professional Billing?

Billing 40

Billing Revenue Cycle Revenue Cycle Management Collections 40

Invoicera

MAY 23, 2024

This is why they need medical billing software to automate and optimize the billing process. The right medical billing software can streamline the billing process, saving time and improving accuracy. Experience a 20% efficiency increase in revenue collection with medical billing software.

Billing 52

Billing Revenue Cycle Collections Invoicing 52

RevCycle

NOVEMBER 15, 2023

Many people who have medical debt are forced to cut back on other expenses to pay their medical bills. Another thing that can be done to address the problem of medical debt is to help people who are already struggling to pay their medical bills. Medical debt is the most common type of debt in collections.

Revenue Cycle 83

Revenue Cycle Collections Billing Financial Services 83

SSI Healthcare Rev Cycle Solutions

MARCH 13, 2023

Eligibility Denials: A Major Challenge for Hospitals March 13, 2023 Denials are one of the most expensive revenue cycle issues, posing major concerns to revenue cycle leaders throughout the country. Problems that lead to denied claims occur throughout the revenue cycle but routinely point to eligibility.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

SSI Healthcare Rev Cycle Solutions

MARCH 6, 2023

We will also delve into the “Fail First Steps Therapy Reform,” a piece of the bill that was eliminated to expedite the process, and where things stand with it currently. Updates on program performance, data collection, and upcoming reporting requirements for payers. •

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

SSI Healthcare Rev Cycle Solutions

APRIL 7, 2023

Fast-forward to the present day, Anderson Regional now has a single solution to manage front-end verification for eligibility, estimation, collections, back-end claims scrubber, clearinghouse, and denials. Pre-billing eligibility edits caught 1,803 edits worth $5.9

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

SSI Healthcare Rev Cycle Solutions

SEPTEMBER 13, 2023

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Accounts Receivable 52

SSI Healthcare Rev Cycle Solutions

SEPTEMBER 9, 2022

Rampant inflation is about to make patient payments more difficult (and more expensive) to collect as prices for everything including every day items like gas and food continue to increase. I already have an online portal where patients can pay their bills. Reboot Your Revenue Cycle with Automated Prior Authorization [HFMA Webinar].

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

Billing Platform

APRIL 11, 2025

However, there are strategies you can put in place that will minimize revenue leakage. Second Do all industries encounter revenue leakage? Unfortunately, revenue leakage is more prevalent in industries that require complex billing systems, like telecom, software as a service (SaaS), finance, and logistics.

Billing 52

Billing Accounts Receivable Accounts Receivable Account Receivables 52

SSI Healthcare Rev Cycle Solutions

SEPTEMBER 13, 2023

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing AR 52

RevCycle

MARCH 20, 2024

These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial margins and collecting patient revenue. Up-front collections , where possible, can significantly improve cash flow. However, it’s crucial to balance the need for revenue with patient access to care.

Collections 77

Collections Billing Revenue Cycle 77

Billing Platform

JANUARY 20, 2025

Collect and analyze data and use the insights to create lead-nurturing campaigns that highlight the increased value of premium features/functionality over the basic freemium offering. Central to these systems is your billing platform. Provide exceptional customer support, as well as personalized services.

Billing 52

Billing Revenue Cycle Customer Service Collections 52

RevCycle

JULY 6, 2021

The following excerpt is from a recent Forbes article : “ According to interviews AccessOne conducted with 47 healthcare billing executives, 43% of providers reported increases in patient requests for payment plans even as hospitals face their own financial struggles, and 40% report an increase in bad debt. A full 20 million of their U.S.

Revenue Cycle 52

Revenue Cycle Collections Billing Accounting 52

Future Firm

NOVEMBER 9, 2022

Most firms help their small business clients with different finance and accounting operations like their books, bill pay, payroll, accounts payable, etc., but when it comes to the A/R part of the revenue cycle, they’re invisible. Here’s an overview: 6) Accounts Receivable. 7) Accounts Payable.

Accounting 98

Accounting Accounting Accounts Payable Accounts Payable 98

RevCycle

FEBRUARY 16, 2021

Reduce the Burden on Your Healthcare Staff With Customized Revenue Cycle Management Solutions. With the burden of patient billing and collections lifted, they will have the muscle for what they do best. We are happy to address any revenue cycle concern! Your staff will thank you (and feel stronger, too).

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Collections Billing 52

Counto

NOVEMBER 7, 2024

Understand Your Revenue Cycles For high-turnover F&B businesses, understanding and forecasting revenue cycles are vital for preparing for fluctuations in cash flow. This gives the business time to collect payments from clients before needing to pay suppliers, preventing cash flow strain.

Revenue Cycle 40

Revenue Cycle Accruals Accounts Receivable Accounts Receivable 40

SSI Healthcare Rev Cycle Solutions

MARCH 4, 2024

What is Revenue Cycle in Healthcare: Understanding Rev Cycle Management Home / March 4, 2024 Author: Kristy Boldt, Sr. Marketing Director at The SSI Group, LLC When a patient visits a doctor or a hospital, there’s a whole system in place that ensures the services received are billed and paid for.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

SSI Healthcare Rev Cycle Solutions

AUGUST 8, 2022

What’s Top-of-Mind for Revenue Cycle Leaders in 2022. There is no doubt healthcare revenue cycle leaders have faced unprecedented challenges these past few years. Collectively, they expressed ongoing concerns over payers’ willingness and ability to help them achieve the desired outcome. August 8, 2022.

Revenue Cycle 40

Revenue Cycle Revenue Cycle Management Billing Collections 40

SSI Healthcare Rev Cycle Solutions

MAY 13, 2025

Maintaining a high CCR is indicative of efficient billing and coding processes, leading to faster reimbursements and improved cash flow. High denial rates necessitate additional administrative efforts to manage appeals and resubmissions, further taxing understaffed revenue cycle departments. [2]

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Auditing 52

Nanonets

APRIL 7, 2025

Healthcare data extraction systems capture and extract crucial information from a variety of healthcare documents—patient records, insurance forms, lab results, billing information, regulatory compliance documents, and more. The extracted data is processed and neatly organized into structured formats. The result?

Billing 52

Billing Data Entry Invoicing Revenue Cycle Management 52

RevCycle

JANUARY 23, 2025

The healthcare industry is abuzz with the recent finalization of the CFPB rule removing medical bills from credit reports. Rightfully so, as it removes a key piece of leverage in the collection of medical debts. Rhode Island SB 2709 in Rhode Island eliminates credit reporting for medical debt at the state level.

Collections 78

Collections Revenue Cycle Billing Accounting 78