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Account Receivables Management

REVENUE CYCLE PARALYSIS: OPTIMIZE IT

September 19, 2019August 6, 2019 by Medphine Team
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With the continuously evolving healthcare policies,  including more patient responsibility and increasing the intricacy of the already complex healthcare landscape, ensuring a sound revenue cycle management is becoming a  back-breaking task for the healthcare operators around the nation, but there is no scope for mistakes. Practices and providers have to ensure that billing and claim … Read moreREVENUE CYCLE PARALYSIS: OPTIMIZE IT

Categories Account Receivables, Account Receivables Management, Blog, Healthcare RCM, OutsourcingLeave a comment

TIPS TO IMPROVE PATIENT COLLECTION

September 19, 2019July 27, 2019 by Aarti
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The US healthcare system has drastically changed and how! No longer is only the provider bearing the burden of financial responsibility, with the liability now shifted more towards the patients. Furthermore, the high deductible policies and the yearly escalation of the number of co-pays and insurance, the out of pocket expense for the patient’s have … Read moreTIPS TO IMPROVE PATIENT COLLECTION

Categories Account Receivables, Account Receivables Management, Healthcare RCM, Outsource medical billing & coding services, PatientLeave a comment

DON’T MAKE THESE AR MANAGEMENT MISTAKES

November 4, 2022July 8, 2019 by Aarti
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IMPORTANCE OF AR MANAGEMENT Account receivables follow-up play a crucial role in the medical billing and coding process, ultimately impacting the revenue cycle. They make sure that the insurance providers pay the payment owed without disrupting the flow of revenue cycle. With the aim to reopen a denied claim to get maximum reimbursement, the job … Read moreDON’T MAKE THESE AR MANAGEMENT MISTAKES

Categories Account Receivables, Account Receivables Management, Healthcare RCM, Outsource medical billing & coding servicesLeave a comment

HOW CAN YOU MAXIMIZE YOUR PRACTICE’S REVENUE?

September 19, 2019June 9, 2019 by Aarti
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What an overwhelming year it was for the healthcare professionals and medical revenue cycle management? The value-based care, interoperability, shifting financial responsibilities to patients, it won’t be an understatement to say that the healthcare revolution by digitization is starting to reflect its impact on the revenue cycle management. Also, what a start to the 2019 … Read moreHOW CAN YOU MAXIMIZE YOUR PRACTICE’S REVENUE?

Categories Account Receivables Management, Healthcare RCM, Medical Billing News, News, Outsource medical billing & coding servicesLeave a comment

RCM VULNERABILITIES: TIPS FOR EFFICIENCY

September 19, 2019June 3, 2019 by Aarti
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While it might look easy, looking from an outsider’s perspective, and on the surface level, but one of the most back-breaking aspects of a healthcare organization is its revenue cycle management. You would say, how difficult can it be? A doctor providing treatment and patient paying the fees? But the revenue cycle is more intricate … Read moreRCM VULNERABILITIES: TIPS FOR EFFICIENCY

Categories Account Receivables Management, Blog, Healthcare RCM, Medical Billing, Outsource medical billing & coding servicesLeave a comment

RCM 2019: WHAT TO LOOK OUT FOR?

September 19, 2019March 9, 2019 by Aarti
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2018 was an overwhelming year for the US Healthcare RCM, to say the least. From CMS pressing on mass scale implementation of value-based care to the introduction of new bundled payment method BPCI Advanced, healthcare financial landscape saw the revolutionary transformation, which divided the industry experts into criticizers and appraisers of the same. The revenue … Read moreRCM 2019: WHAT TO LOOK OUT FOR?

Categories Account Receivables Management, Healthcare RCM, Medical Billing News, Outsource medical billing & coding servicesLeave a comment

AUTOMATE HEALTHCARE, ENHANCE PRODUCTIVITY

November 7, 2022March 9, 2019 by Medphine Team
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Automation ever since its introduction in the early 1900s has been rapidly disrupting various industries by minimizing the manual efforts, enhancing accuracy, paving the way for the workforce to better utilize their knowledge and skills towards growth and development. One of the industries massively transformed with automation is healthcare system, which post-digitization has gained more … Read moreAUTOMATE HEALTHCARE, ENHANCE PRODUCTIVITY

Categories Account Receivables, Account Receivables Management, EHR, Healthcare RCM, Outsource medical billing & coding services, PatientLeave a comment

Fundamental: Bundled Payments in Healthcare

May 23, 2019March 5, 2019 by Medphine Team
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The American healthcare system has undergone significant change in the passing years. With the shift from fee for service to value-based care, every aspect of the healthcare system from service to account management system has been disrupted massively. But with the change impacting the reimbursement structure, taking the load off the payer as well as … Read moreFundamental: Bundled Payments in Healthcare

Categories Account Receivables Management, EHR, Healthcare RCM, Outsource medical billing & coding servicesLeave a comment

Cyber Security In Healthcare

September 19, 2019February 13, 2019 by Medphine Team
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First, there was the need for healthcare; then it evolved into quality healthcare which could not be achieved without investing inordinately in the healthcare system. Then the  inception of the digital revolution and the emergence of new technologies led to a reduction in healthcare expenditure. Digitization has undoubtedly transformed the healthcare sector making healthcare accessible … Read moreCyber Security In Healthcare

Categories Account Receivables, Account Receivables Management, Healthcare RCM, Medical Billing News, Outsource medical billing & coding services

MEDICARE 2019: IMPACT ON BILLING AND CODING

September 19, 2019February 11, 2019 by Medphine Team
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As the healthcare expenditure in the United States is skyrocketing with every passing year, so is the number of Americans getting themselves covered under health insurance policies. These health insurance policies regulated by the federal government keep evolving with the situation and the ever so evolving needs. While these healthcare reforms have a profound impact … Read moreMEDICARE 2019: IMPACT ON BILLING AND CODING

Categories Account Receivables Management, Healthcare RCM, Medical Billing, Medical Billing News, Outsource medical billing & coding services, Patient
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