SSI Healthcare Rev Cycle Solutions

MARCH 6, 2023

. • Updates on program performance, data collection, and upcoming reporting requirements for payers. • Save my seat Click the button below to receive a customized tutorial catered to your specific revenue cycle management (RCM) needs Request Demo What are you looking for?

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SSI Healthcare Rev Cycle Solutions

SEPTEMBER 13, 2023

This process involves several steps that trace the entire healthcare claims life cycle from when a patient checks in at a facility to when they receive a bill from their insurance provider. In this blog, we will explore each step in detail, shedding light on the intricacies of medical billing and its crucial role in the healthcare industry.

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SSI Healthcare Rev Cycle Solutions

AUGUST 25, 2022

Together, they’ve implemented a streamlined revenue cycle management solution that fits their current needs and is easily scalable for any future expansion. Disparate Computer Systems: As Northern Regional Hospital expanded and acquired new specialty practices, its revenue cycle began to experience significant slowdowns and delays.

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RevCycle

MAY 31, 2022

While preparing for this blog post, we came across this survey from Kaufman Hall that features some stark figures that hammer home the staffing challenges faced by the healthcare industry. 75% have experienced adverse revenue cycle impacts during the pandemic. 2 million – projected shortage of support staff by 2026.

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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. Omni channel billing is the best strategy for collecting reimbursements, where every option is made available to a patient. revenue cycle (7).

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Revenue Cycle Revenue Cycle Management Billing Collections 52

SSI Healthcare Rev Cycle Solutions

SEPTEMBER 13, 2023

This process involves several steps that trace the entire healthcare claims life cycle from when a patient checks in at a facility to when they receive a bill from their insurance provider. In this blog, we will explore each step in detail, shedding light on the intricacies of medical billing and its crucial role in the healthcare industry.

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SSI Healthcare Rev Cycle Solutions

MARCH 8, 2023

In hospital/institutional billing, the hospital is typically responsible for submitting claims to the patient’s insurance and collecting payment for services rendered. In physician billing, the medical provider is typically responsible for submitting claims to the patient’s insurance and collecting payment for services rendered.

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RevCycle

JULY 6, 2021

This coincides with other studies we have read during our time putting out this blog. If providers do not look to accommodate their patients with payment plans, they run the risk of patients winding up in collections by default. members had $45 billion (of medical debt) in collections, which averages out to $2,200 per member.

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Invoicera

MAY 23, 2024

Experience a 20% efficiency increase in revenue collection with medical billing software. The appropriate medical billing software can assist you in improving your reimbursement rates, raising your revenues, and creating a reliable medical practice. If you are looking for medical billing software, this blog can greatly help.

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Counto

NOVEMBER 7, 2024

In this blog, we’ll explore key strategies tailored for high-turnover F&B businesses to better manage their cash flow. Understand Your Revenue Cycles For high-turnover F&B businesses, understanding and forecasting revenue cycles are vital for preparing for fluctuations in cash flow.

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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. This system is known as revenue cycle management (RCM), and it’s crucial for keeping healthcare providers operating smoothly. Delays can strain the provider’s cash flow.

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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.

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SSI Healthcare Rev Cycle Solutions

MAY 13, 2025

High denial rates necessitate additional administrative efforts to manage appeals and resubmissions, further taxing understaffed revenue cycle departments. [2] By fine-tuning the financial clearance process, providers can collect more revenue upfront and enhance the patient experience. 2] The SSI Group statistics, 2024.

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RevCycle

JANUARY 23, 2025

Rightfully so, as it removes a key piece of leverage in the collection of medical debts. In light of the delay in implementation this will likely cause, our January blog post will review noteworthy recent regulatory changes in various states across the US.

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