SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

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. Founded by healthcare providers 35 years ago, The SSI Group, LLC (SSI) is a national clearinghouse company with unmatched domain expertise in medical claims processing.

AR 52

AR Billing Revenue Cycle Revenue Cycle Management 52

Nanonets

FEBRUARY 7, 2024

The healthcare industry requires scanning and processing various document types, such as healthcare records, registration forms, insurance papers, invoices, receipts, etc. When it comes to healthcare, time can be crucial, and hence any delay due to document processing can cause major problems.

Data Entry 52

Data Entry Record Keeping Billing Invoicing 52

SSI Healthcare Rev Cycle Solutions

MAY 24, 2023

May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success. It’s not just about having any partner but having the right partner that can make all the difference.

Revenue Cycle 98

Revenue Cycle Revenue Cycle Management Billing Tax 98

SSI Healthcare Rev Cycle Solutions

MAY 24, 2023

May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims and Clearinghouse Partner Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success.

Revenue Cycle 97

Revenue Cycle Revenue Cycle Management Billing Tax 97

RevCycle

JUNE 15, 2023

An ambulatory surgery center (ASC) is a healthcare facility that provides same-day, outpatient surgical care. They are staffed by a team of surgeons, nurses, and other healthcare professionals who provide high-quality, cost-effective care. What is an ASC? The growth of ASCs is likely to continue in the future.

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SSI Healthcare Rev Cycle Solutions

JULY 13, 2023

Clean claims minimize administrative burdens and facilitate faster payment, enabling hospitals and health systems to improve cash flow and decrease days in accounts receivable. In an era where healthcare organizations face operational challenges such as staffing changes and increased time in accounts receivable, edits offer a lifeline.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Accounts Receivable 52

SSI Healthcare Rev Cycle Solutions

JULY 13, 2023

Clean claims minimize administrative burdens and facilitate faster payment, enabling hospitals and health systems to improve cash flow and decrease days in accounts receivable. In an era where healthcare organizations face operational challenges such as staffing changes and increased time in accounts receivable, edits offer a lifeline.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing AR 52

Invoicera

APRIL 16, 2024

If you are also struggling to manage your financial flow perfectly, this blog post is for you as it will take you through every aspect of recurring billing. Remain Financially Stable With Sustainable Cash Flow: For any business, maintaining financial stability requires a steady and reliable income. How Recurring Billing Software Works?

Billing 52

Billing Invoicing Financial Records Financial Reporting 52

Nanonets

APRIL 3, 2024

Financial Reporting: Traditional bookkeepers assist in preparing financial statements, such as balance sheets, income statements, and cash flow statements, to provide insights into the company's financial performance. Virtual bookkeepers with expertise in these industries can ensure compliance and accuracy in financial reporting.

Virtual Bookkeeping 96

Virtual Bookkeeping Bookkeeping Data Entry Bookkeeping Services 96

Nanonets

MARCH 13, 2024

Managing invoices efficiently is integral for businesses to maintain smooth cash flows and accurate financial records. Healthcare : Healthcare organizations receive invoices for medical supplies, equipment maintenance, facility management and administrative services. Try out the various OCR models or request a demo today.

Invoicing 52

Invoicing Invoice Processing Data Entry Budgeting 52

MineralTree

FEBRUARY 2, 2023

This has left most finance teams worried about their cash flow for the year ahead. About 90% of business leaders reported interest in RTPs in 2020, with 52% citing they could use RTPs to better manage cash flow. In healthcare, this number is even higher with 75.3% But to date, uptake has not kept pace with the predicted hype.

AP 64

AP Invoicing 64

Nanonets

NOVEMBER 19, 2023

It paves the way for flawless financial records, better cash flow, and smooth business operations. The impact of efficient invoice settlement Accurately settling your invoices helps maintain a healthy cash flow as it ensures that your records are precise and payments are timely. There are no messy records, just tidy transactions.

Invoicing 52

Invoicing Financial Records Accounts Receivable Accounts Receivable 52

Nanonets

MARCH 22, 2023

It involves identifying patterns in the data and creating process models to visualize and analyze the actual process flows within an organization. Healthcare Photo by Accuray / Unsplash Process intelligence can be used to optimize the patient registration process, reducing wait times and improving patient satisfaction.

Collections 52

Collections Invoicing Data Entry Invoice Processing 52

Invoicera

APRIL 27, 2024

It is typically applies to the utilities, telecommunications, credit cards, and healthcare sectors as well as subscriptions. You will have the ability to track payments, observe unpaid liabilities and develop reports in order to gain information regarding cash flow and financial status of your business.

Billing 52

Billing Purchase Order Invoicing Accounting Software 52

MineralTree

JANUARY 26, 2023

This number is even higher in healthcare, with 75% noting the increased importance of these relationships. It offers a compelling range of benefits, including: Better cash flow management: AP automation unlocks incredible visibility, making it easier than ever to pull relevant payment metrics.

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AP Accounts Payable Specialist Invoicing Invoice Processing 75

Nanonets

NOVEMBER 14, 2023

This shift in responsibility simplifies the process and ensures a consistent cash flow for the supplier. This not only improves cash flow but also boosts overall financial stability. This dependence raises concerns about the accuracy and timeliness of invoicing, impacting the supplier's cash flow and financial planning.

Billing 52

Billing Invoice Processing Invoicing Record Keeping 52

Billah and Associates

MAY 10, 2020

Help with managing your finances At first, they will calculate and determine the amount of financial aid you will require by estimating your cash flow and earnings. Then they will identify the programs that you are eligible for.

Accounting 52

Accounting Accounting Bookkeeping Bookkeeping Services 52

Nanonets

MARCH 22, 2024

While it offers a comprehensive suite of services, its accounts payable (AP) automation solution, Flow , leverages advanced machine learning, intelligent OCR, and no-code customization to help businesses of all sizes streamline their entire procure-to-pay lifecycle. Who is Stamplia a good fit for? Who is AvidXChange a good fit for?

AP 52

AP Invoice Processing Invoicing AR 52

MineralTree

AUGUST 24, 2023

This contributes to cost savings and improves your cash flow management. “We look at what could happen if we extend payment terms or ask for early-pay discounts with certain suppliers,” said Maddy McGannon, Simple Mills’ Controller. MineralTree gives us the insight to analyze our payment data and use it to improve business decision making.”

Accounts Payable 70

Accounts Payable Accounts Payable QuickBooks AP 70

Nanonets

DECEMBER 11, 2023

Enables real-time data flow: Extracted and structured data from AI systems can connect directly to other platforms through APIs. For industries grappling with immense data, such as healthcare and finance, it's a game changer. And thanks to seamless integrations, data flows directly between your systems in real-time.

Data Entry 59

Data Entry Invoicing Purchase Order Vendor Management 59

Nanonets

NOVEMBER 29, 2023

These tools are revolutionizing how businesses handle automated and almost touch-less document approvals by automating the flow of documents through predefined processes. Healthcare : Patient care plans or medical reports require timely approvals to ensure prompt treatment and adherence to healthcare regulations.

Record Keeping 52

Record Keeping Financial Reporting Collections Corporate Finance 52

Nanonets

JUNE 27, 2023

Optical Character Recognition (OCR) in the automotive industry is vital to establish an efficient flow of data and communication throughout the chain. It allows smooth data flow between different systems, eliminating the need for manual data transfer and reducing the risk of errors and delays.

Purchase Order 52

Purchase Order Billing Invoicing Invoice Processing 52

Nanonets

NOVEMBER 14, 2023

This process extracts valuable insights from the flow of cash between the organization and suppliers, aiding in informed decision-making. Advantages : Endorsed by numerous businesses, Tradogram provides social proof, enhanced mobility, security, and clear insights through seamless data flow between modules.

Purchase Order 52

Purchase Order Vendor Management Invoicing Collections 52

Nanonets

FEBRUARY 27, 2024

Pros: Configures complex applications in data capture Scanning mechanism Ease of use Cons: Very little online support UI could be more intuitive Setup can be cumbersome Slow Creating a customized flow isn’t straightforward Batch commits take time Start using Nanonets for Automation. Also check out the leading alternatives to Nanonets.

Data Entry 52

Data Entry Invoicing AP Budgeting 52

Billing Platform

OCTOBER 16, 2023

ensures that the company has the factual financial figures needed to accurately report revenue, calculate taxes, forecast future cash flow and customer churn, have the insights needed to make intelligent strategic decisions, and ensures compliance with global accounting standards, tax laws, and payment regulations.

Billing 52

Billing Collections Auditing Financial Statements 52

RevCycle

APRIL 5, 2021

The Chartis Group (a provider of analytics and advisory services to the healthcare industry) performed a survey related to fiscal performance in the first half of 2020. Cash flow modeling – 43%. The numbers certainly paint a concerning picture, so you are likely asking yourself – what can be done to mitigate your losses?

Revenue Cycle 52

Revenue Cycle Budgeting Collections Accounting 52

SSI Healthcare Rev Cycle Solutions

DECEMBER 8, 2023

Decoding the Intricacies of Healthcare Billing: Navigating Claims Denials and Revenue Cycle Management 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.

Revenue Cycle Management 59

Revenue Cycle Management Revenue Cycle Billing AR 59

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.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

Nanonets

AUGUST 23, 2023

This ensures smooth data flow and interoperability, enhancing your business operations' overall efficiency and effectiveness. This includes companies in healthcare, finance, real estate, and more. They can automatically convert and export the extracted data into formats that these systems can readily use.

Data Entry 97

Data Entry Customer Service Purchase Order Auditing 97

Nanonets

FEBRUARY 12, 2024

Pros: Configures complex applications in data capture Scanning mechanism Ease of use Cons: Very little online support UI could be more intuitive Setup can be cumbersome Slow Creating a customized flow isn’t straightforward Batch commits take time Start using Nanonets for Automation. Also check out the leading alternatives to Nanonets.

Data Entry 52

Data Entry Budgeting Invoicing AP 52

SSI Healthcare Rev Cycle Solutions

DECEMBER 21, 2023

The Evolution of Medical Billing Clearinghouse Vendors in Revenue Cycle Management: 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.

Revenue Cycle Management 52

Revenue Cycle Management Revenue Cycle Billing Financial Operations 52

IMA's Count Me

JUNE 10, 2019

And it can be retail, it can be healthcare, it can be food safety, it can be finance or accounting. Again, be it accounting, healthcare, finance is not really as important as the idea of a common platform to store and to actually transmit data in a manner that is encrypted and safe.

Computation 40

Computation CPA Auditing QuickBooks 40

Nanonets

SEPTEMBER 14, 2023

Today where documents flow seamlessly across industries and organizations, the need for robust signature identification has never been more critical. From legal contracts to healthcare records and beyond, the applications of signature identification are as diverse as they are impactful. What is Signature Detection in OCR?

Billing 52

Billing Data Entry Record Keeping Auditing 52

Nanonets

FEBRUARY 28, 2024

Financial Statements : Generation of balance sheets, income statements, and cash flow statements. Inefficient Approval Workflows : Traditional processes often involve cumbersome approval chains that delay payments and complicate cash flow management. Journal Entries : Manual and automatic entry capabilities.

General Ledger 52

General Ledger Data Entry Invoicing Accounts Payable 52

SSI Healthcare Rev Cycle Solutions

APRIL 7, 2023

Best Practices for Preventing Eligibility-Related Denials As an increasing number of consumers adopt high-deductible health plans and frequently switch insurance plans, it is imperative for healthcare organizations to verify patient eligibility early and often to stay ahead of any potential changes.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Collections 52

Nanonets

JULY 28, 2023

Healthcare Record Management: Document workflow automation plays a crucial role in the healthcare industry, known for its heavy reliance on documentation. With the rising demand to streamline processes and reduce paper-related costs, healthcare leaders are actively seeking innovative solutions for workflow automation.

Purchase Order 52

Purchase Order Data Entry Accounts Payable Accounts Payable 52

Nanonets

APRIL 10, 2024

  Sage 100 is used by small and midsize companies in many industries, including IT services, software, healthcare, retail, accounting firms, manufacturing, and distribution businesses. Flow gives your business real-time control over its accounts payable spending. Get started with Flow by Nanonets.

General Ledger 52

General Ledger Purchase Order AP Invoice Processing 52