article thumbnail

Protect Your Revenue Cycle: Understanding the 3-Month Grace Period Mandate

SSI Healthcare Rev Cycle Solutions

Protect Your Revenue Cycle: Understanding the 3-Month Grace Period Mandate Home / December, 6 2024 Author: Heather Dunn, MBA, CHFP, CRCR, EHRC, President, The SSI Group, LLC (SSI) The healthcare landscape constantly evolves, and new regulations can often mean significant challenges for patients and providers. Now is the time to act.

article thumbnail

Denial Management Strategies for 2025: Trends & Best Practices

RevCycle

As healthcare continues to evolve, so do the complexities of managing the revenue cycle, with denial management being one of the most persistent challenges. Denial management is an essential component of healthcare revenue cycle management (RCM) because denials directly impact an organization’s financial health.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Maximize Medicare Reimbursements

RevCycle

From ensuring compliance with billing practices to navigating value-based care programs, we’ll provide easy to implement, actionable tips. CPT and HCPCS Codes : Correctly applying Current Procedural Terminology (CPT) codes and Healthcare Common Procedure Coding System (HCPCS) codes for services is essential to accurate billing.

article thumbnail

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. By building strong relationships with patients, you can minimize disputes and improve overall patient satisfaction.

article thumbnail

Stop the Denial Train: Use Real-Time Eligibility & Pre-Service Financial Clearance

RevCycle

Yet, for both patients and providers, claim denials and unexpected medical bills can feel like just that frustrating obstacles on the path to care and financial stability. Improved Patient Experience: Patients appreciate knowing their coverage status upfront, avoiding the surprise of unexpected bills weeks or months later.

article thumbnail

Insurance Claims & Prior Authorizations Streamlined with AI & RPA

RevCycle

In the complex world of healthcare revenue cycle management, insurance claims and prior authorizations are among the most time-consuming and error-prone processes. Use Cases in Action Automated Claims Submission RPA bots gather billing information, verify coding, and submit claims to payers through clearinghouses or web portals.

article thumbnail

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

SSI Healthcare Rev Cycle Solutions

Lavaca Medical Center Boosts Revenue Cycle Operational Efficiency Amid an EHR Upgrade Home / CLIENT Lavaca Medical Center , located in Hallettsville, Texas , is a full-service critical access hospital delivering imaging, outpatient, skilled nursing, and other healthcare services.