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The healthcare revenuecyclemanagement (RCM) domain, a crucial component for any healthcare establishment, has seen seismic shifts since the pandemic. Evolving Needs in the Healthcare RevenueCycleManagement Landscape The ongoing global pandemic has added complexity to an already intricate RCM landscape.
Decoding the Intricacies of Healthcare Billing: Navigating Claims Denials and RevenueCycleManagement Home / December 8, 2023 Healthcare billing is a vital function in the medical administration ecosystem, playing a crucial role in sustaining the financial health of healthcare organizations.
2024 RevenueCycleManagement Challenges and Emerging Trends Home / January 16, 2024 Author: David Mancuso, Sr. Marketing Manager at The SSI Group, LLC Welcome to the healthcare landscape of 2024 – a complex terrain where high stakes meet numerous challenges, defining a dynamic and demanding era in healthcare.
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 revenuecyclemanagement. Flexible payment options: Offer a variety of payment plans to accommodate different financial situations.
The Evolution of Medical Billing Clearinghouse Vendors in RevenueCycleManagement: Spotlight on The SSI Group, LLC (SSI) Home / December 20, 2023 Author: Christy Wright, CMO at The SSI Group, LLC In the intricate tapestry of healthcare finance, the journey of a medical claim from inception to resolution is critical.
The Evolution of Electronic Medical Claims and RevenueCycleManagement in the US Healthcare System Home / November 29, 2023 In the constantly evolving landscape of US healthcare, the story of electronic medical claims and revenuecyclemanagement stands out as a testament to technology’s transformative power.
Epic Billing Made Easy: Why SSI is the Claims and Clearinghouse Solution of Choice for Hospitals and Health Systems [Live Webinar] LIVE WEBINAR: March 29, 2023 at 10 am CT As a trusted industry leader with 900 Epic clients , SSI makes Epic billing as easy as possible, so you don’t ever have to leave your Epic environment !
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.
SSI is a leading provider of revenuecyclemanagement solutions trusted by over 30% of all US hospitals. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar].
The healthcare revenuecyclemanagement (RCM) domain, a crucial component for any healthcare establishment, has seen seismic shifts since the pandemic. Evolving Needs in the Healthcare RevenueCycleManagement Landscape The ongoing global pandemic has added complexity to an already intricate RCM landscape.
As healthcare continues to evolve, so do the complexities of managing the revenuecycle, with denial management being one of the most persistent challenges. Denial management is an essential component of healthcare revenuecyclemanagement (RCM) because denials directly impact an organization’s financial health.
In the complex world of healthcare revenuecyclemanagement, 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.
Your ability to efficiently manage and promptly correct edits, utilizing a claim scrubber or billing application, has substantial implications on your cash flow. Register today Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for?
Highlights of the webinar will include: Epic Claims Director Rapid Retest Epic Attachments Payer Status Query Save my seat Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for?
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
Advancing 275 Electronic Attachments in Medical Billing: A Move Towards Efficiency Home / November 1, 2023 Author: Tracey Tillman, CRCR, Sr. Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes.
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. Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs.
May 24, 2023 9 Essential Questions RevenueCycle Leaders Should Be Asking About Their Claims and Clearinghouse Partner Welcome to the world of healthcare revenuecyclemanagement, where every aspect of your business is crucial to success.
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.
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways]. billing and claims management (3). claim denials management (1).
Read More The SSI Group Announces Key Partnership with RCxRules The SSI Group, a leader in financial performance solutions for providers and payers, announced today a partnership with RCxRules, a leading provider of automated billing solutions for healthcare organizations’ population health and revenuecycle operations.
May 24, 2023 9 Essential Questions RevenueCycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenuecyclemanagement, where every aspect of your business is crucial to success.
How Healthcare Billing Departments Can Maximize AR Potential Before Year-End Home / November 17, 2023 In the digital age, innovation often means mastering the fundamentals. One way to do this is with SSI Pre-Billing Eligibility (PBE) edits, which offers a strategic and proactive approach to combatting denials and safeguarding revenuecycles.
July 6, 2023 How SSI’s Integrations Make Epic Medical Billing Easy Imagine a world where you never have to leave your Epic environment to work claims. Each day, the Epic system generates a claim file which is then translated into SSI billing. Each day, the Epic system generates a claim file which is then translated into SSI billing.
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?
How SSI’s Integrations Make Epic Medical Billing Easy Home / July 6, 2023 Imagine a world where you never have to leave your Epic environment to work claims. Each day, the Epic system generates a claim file which is then translated into SSI billing. These claims are compiled into the SSI Billing Package.
How Healthcare Billing Departments Can Maximize AR Potential Before Year-End Home / November 17, 2023 In the digital age, innovation often means mastering the fundamentals. One way to do this is with SSI Pre-Billing Eligibility (PBE) edits, which offers a strategic and proactive approach to combatting denials and safeguarding revenuecycles.
Advancing 275 Electronic Attachments in Medical Billing: A Move Towards Efficiency Home / November 1, 2023 Author: Tracey Tillman, CRCR, Sr. Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes.
It’s not just about resolving billing issues or appointment scheduling; it’s about navigating sensitive situations, fostering trust, and providing a sense of comfort during a potentially stressful time. Understanding the Patient Journey: Recognizing the challenges patients face when dealing with medical bills.
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.
Due to the efforts of the coalition, on March 23, 2022, the Michigan House of Representatives passed Senate Bill 247 with strong support. The Bill aims to standardize the prior authorization process in order to reduce wait times, streamline communication between providers and payers, and ultimately improve patient access to care.
Read More The SSI Group Announces Key Partnership with RCxRules The SSI Group, a leader in financial performance solutions for providers and payers, announced today a partnership with RCxRules, a leading provider of automated billing solutions for healthcare organizations’ population health and revenuecycle operations.
Eligibility verification is one of the most critical steps of your revenuecyclemanagement process, heightening your overall financial security. When eligibility verification is not performed correctly or at key points in the cycle, healthcare services and payments can be delayed, and claim denials can occur.
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. Simultaneously, this process reassures patients of financial support from their insurance providers.
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. We will further explore the milestones and steps taken to get the legislation passed, and the instrumental players who helped move it along.
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. Simultaneously, this process reassures patients of financial support from their insurance providers.
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs Request Demo What are you looking for? Highlights of the webinar will include: Epic Claims Director Rapid Retest Epic Attachments Payer Status Query Fill out the form below to watch on-demand now.
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
Click the button below to receive a customized tutorial catered to your specific revenuecyclemanagement (RCM) needs. Reboot Your RevenueCycle with Automated Prior Authorization [HFMA Webinar]. Reboot Your RevenueCycle: Get Proactive with Prior Authorization Automation [HFMA Webinar Key Takeaways].
With its denial budget decreasing every year, Anderson Regional wanted to do everything possible to address denials and meet its revenue goals. Pre-billing eligibility edits caught 1,803 edits worth $5.9 SSI believes in a human-led, technology-supported approach to managing the toughest RCM challenges, including eligibility.
October 4, 2022 (Mobile, AL) — The SSI Group, LLC (SSI), a leading provider of revenuecyclemanagement (RCM) solutions, today announced the launch of a turnkey, end-to-end electronic prior authorization solution for healthcare providers that connects in real-time to more than seven-hundred payers. claims management (3).
July 13, 2023 Leveraging the Power of Medical Claim Edits: Expediting Payments for Hospitals and Health Systems As hospitals and health systems strive to optimize revenuecyclemanagement, the role of edits in streamlining claims processing and expediting payments has become increasingly crucial.
To stay on track during the unwinding process, providers should implement best practices such as regularly running insurance eligibility checks throughout the patient encounter and utilizing solutions like SSI Pre-Billing Eligibility (PBE) Edits as a final safety net for checking eligibility.
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