Remove Billing Remove Collections Remove Revenue Cycle Management
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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. Technological Advancements: As technology evolves, there may be new regulations regarding the use of AI and automation in debt collection.

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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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Lavaca Medical Center Boosts Revenue Cycle Operational Efficiency Amid an EHR Upgrade

SSI Healthcare Rev Cycle Solutions

Key improvements included: Stability and Simplicity Replaced multiple claim scrubbers with one intuitive solution tailored to the billing teams workflows. SSIs product suite provides an enhanced collections process for payers and patients. For more information about The SSI Groups suite of claims and billing solutions, request a demo.

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Unwinding Medicaid Continuous Coverage: Understanding the Importance of a Solid Eligibility Verification Strategy and PBE

SSI Healthcare Rev Cycle Solutions

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.

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Flawless Execution of Professional Billing for Northern Regional Hospital

SSI Healthcare Rev Cycle Solutions

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.

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Decoding the Differences Between Hospital Billing vs. Professional Billing

SSI Healthcare Rev Cycle Solutions

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?

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Evaluating Top Medical Billing Software for Healthcare Providers

Invoicera

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.

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