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Revenue Cycle Matters - Insights & Tips to Improve Healthcare Collections

How do You Measure Revenue Cycle Management Success?

July 10, 2019

 

Debunking the Clean Claim Rate Fallacy

Benchmarking the effectiveness of a clearinghouse can be done in many ways and most clearinghouses use clean claim rate, as the success criterion making them the best choice for your revenue cycle.

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Seven A/R Mistakes Costing You Money

December 01, 2017

The healthcare revenue cycle is dynamic and continues to evolve. As a result, healthcare professionals involved in revenue cycle management tend to face many challenges that if not done right, could cost your organization big money.

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What's Eating Your Bottom Line: The True Cost of Denials

April 17, 2017

The Medical Group Management Association (MGMA) has estimated the average cost to rework a claim at $25, and it’s safe to say that cost is rising every year. Our statistics show that 90% of denials are preventable.

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5 Ways to Break up with Repeat Denials

February 14, 2017

Roses are red, denials are blue, a break up with repeats for Valentine's Day is easy to do.

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Don't Forget Denials When Aiming for Patient Satisfaction

July 06, 2016

In May 2016, the Department of Health and Human Services (HHS) announced “A Bill You Can Understand” Design and Innovation Challenge: Help Patients Understand Their Medical Bills and the Financial Aspect of Health. Simply put, design a simplified medical bill that is easy to interpret.

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Why is Changing Revenue Cycle Systems So Hard?

February 14, 2016

As a vendor in the healthcare revenue cycle, I often talk with healthcare providers and hear the same message time and time again: "Change is hard." The change they refer to is not just changing roles in their business office or putting teams together to tackle their biggest challenges. The change they refer to is replacing their revenue cycle system.

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