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 92

Collections Billing Revenue Cycle 92

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

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

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

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

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 95

Revenue Cycle Collections Billing Financial Services 95

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

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

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

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