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 PERKS OF REVENUE CYCLE MANAGEMENT OUTSOURCING

Introduction Hospitals suffer enormous losses of over $68 billion annually due to billing errors, primarily, because of the mismanagement of revenue cycle processes. Patient accounts that are mishandled, inaccurate coding, under-billing, and overbilling all contribute to the problem, which harms healthcare facilities’ financial viability and ability to deliver quality patient care. When providers fail to… Continue reading TOP 10 PERKS OF REVENUE CYCLE MANAGEMENT OUTSOURCING

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 focus on a distinct consumer mindset when it comes to healthcare experiences. Here, patients are very much informed, especially when it comes to their healthcare choices. They can smoothly access information on providers and facilities. They are willing to walk away… Continue reading Are You Taking the Right Approach When Transforming Healthcare CX?

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

Enhancing the collection process is one component of effective revenue cycle management. Many practices across the US still struggle with reduced patient volume. This has led to a decrease in practice revenue. If the practice revenue continues to suffer, improving the patient collections process can be helpful in maintaining cash flow. In this blog, we’ll… Continue reading Implementation of RCM Services for Hospitals from Patient-to-Payment

How Healthcare Providers Can Succeed with Outsourced RCM

Managing growth can be a challenge to medical practices. As you start to manage more patients, you need to offer an array of RCM services or perhaps additional specialists. Now, keeping the cash flowing can be more difficult as you deal with new personnel and logistical issues that come with growth. But, on the other… Continue reading How Healthcare Providers Can Succeed with Outsourced RCM