article thumbnail

What’s Top-of-Mind for Revenue Cycle Leaders in 2022

SSI Healthcare Rev Cycle Solutions

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.

article thumbnail

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

SSI Healthcare Rev Cycle Solutions

This could result in an increased burden on hospitals to screen patients for charity care, financial assistance, and collection activity. Click the button below to receive a customized tutorial catered to your specific revenue cycle management (RCM) needs. Popular Topics Access Management (1). revenue cycle (10).

professionals

Sign Up for our Newsletter

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

article thumbnail

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle. Copayments are normally collected upfront at the time of service. The claim is then electronically submitted to the patient’s insurance provider for processing.

article thumbnail

Understanding the Order to Cash Process: A Simple Guide

Nanonets

It includes  order management ,  credit management ,  order fulfillment , invoicing, accounts receivable, payment collection, and  data management. Additionally, an optimized OTC process promotes faster payment collection, improves cash flow, and drives  revenue growth.

article thumbnail

Flawless Execution of Professional Billing for Northern Regional Hospital

SSI Healthcare Rev Cycle Solutions

Together, they’ve implemented a streamlined revenue cycle management solution that fits their current needs and is easily scalable for any future expansion. SSI’s product suite provides an enhanced collections process for payers and patients. Reboot Your Revenue Cycle with Automated Prior Authorization [HFMA Webinar].

Billing 52
article thumbnail

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Timely submission is crucial, as delays can lead to payment issues and hinder the overall revenue cycle. Copayments are normally collected upfront at the time of service. Among them, the 275 electronic attachment is emerging as an essential tool in the realm of Revenue Cycle Management (RCM).

article thumbnail

Rising Paper Statement Costs and the Switch to Mobile Patient Payments [Infographic]

SSI Healthcare Rev Cycle Solutions

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. Denial Management (3).