Healthcare Archives

Why Effective AR and Denial Management Should Precede Collections in Healthcare

In healthcare, collections are often viewed as the final step in recovering revenue—but by then, it’s often too late. Denials have been issued, accounts have aged, and patient satisfaction may already be compromised. For providers and revenue cycle leaders, a smarter approach begins before collections—with proactive Accounts Receivable (AR) management and denial prevention. A Preventive… Continue reading Why Effective AR and Denial Management Should Precede Collections in Healthcare

Automating the Healthcare Revenue Cycle with RPA

RPA uses software robots to perform repetitive, rule-based tasks typically handled by humans, making it ideal for healthcare revenue cycle management (RCM) solutions such as patient registration, billing, and collections.

How Patient-First Healthcare Debt Collection Mitigates Challenges for Healthcare Providers

Patients are the third largest insurance payers in the US. Hence, insurance companies often witness a sharp incline in their debt balance. Debtors often need help to cope with such a rise in their expenses. Here comes the hero of the show – patient-first healthcare debt collection. Patient-first debt collection is a process that offers… Continue reading How Patient-First Healthcare Debt Collection Mitigates Challenges for Healthcare Providers

Top 10 Benefits of Outsourcing Your Healthcare Revenue Cycle

Managing the revenue cycle is a critical aspect of healthcare operations, involving the entire patient account lifecycle, from initial appointment scheduling to the final payment. With the increasing complexity of healthcare regulations and the need for efficiency, many healthcare providers are turning to outsourcing as a solution. Here are the top 10 benefits of outsourcing… Continue reading Top 10 Benefits of Outsourcing Your Healthcare Revenue Cycle

Are You Taking the Right Approach When Transforming Healthcare CX?

Did you know that healthcare organizations and consumer businesses are fundamentally different? Today’s patients have a distinct consumer mindset regarding healthcare experiences. They are well-informed about their healthcare choices, can easily access information on providers and facilities, and are willing to walk away from those delivering poor-quality care and bad experiences. Healthcare providers must focus… Continue reading Are You Taking the Right Approach When Transforming Healthcare CX?

Implementation of RCM Services for Hospitals from Patient-to-Payment

Improving the collection process is crucial for effective revenue cycle management (RCM). Many healthcare practices across the US need help with reduced patient volume, leading to decreased revenue. Enhancing the patient collections process is essential for maintaining cash flow and overall financial health. Key Reasons for Accounts Receivable (A/R) Pile-Up Inaccurate Information Collection One of… Continue reading Implementation of RCM Services for Hospitals from Patient-to-Payment

How Healthcare Providers Can Succeed with Outsourced RCM

Outsourced Revenue cycle

Managing growth can be a challenge for healthcare providers. As patient volumes increase and the complexity of services expands, maintaining efficient revenue cycle management (RCM) becomes crucial. Outsourcing RCM can significantly streamline operations, enhance cash flow, and improve financial health. Here’s a comprehensive guide on how healthcare providers can succeed with outsourced RCM, focusing on… Continue reading How Healthcare Providers Can Succeed with Outsourced RCM