Blog
March 10, 2023
Why Is Revenue Cycle Management (RCM) More Than Just Managing Revenue Cycle?
Revenue cycle management (RCM) refers to the financial process healthcare organizations use to track revenue and bill for patient services to payers. The process begins when a patient makes an appointment…
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February 10, 2023
Top Ten Areas to Review to Prevent Revenue Leakage
For financial healthcare executives, optimizing cash collections since the pandemic is a focus area. EMS calls have dropped 26 percent nationwide in U.S since the start of the pandemic1. Now…
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January 25, 2023
What Is Practice Transformation? And Why Is It Important?
Practice transformation is a process of change within a healthcare organization, defined by the Centers for Medicare & Medicaid (CMS) as “a process that results in observable and measurable changes…
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January 16, 2023
Checklist for Selecting an RCM Partner
As the realities of the challenges of ‘The Great Resignation’ and the COVID-19 pandemic set in, many practices are finding it more cost-effective to leverage third-party vendors to manage their…
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January 06, 2023
What to Look for in a Real-World Data (RWD) / Real-World Evidence (RWE) Partner
Real-world data (RWD) and real-world evidence (RWE) are revolutionizing the way life science research and development are done. According to a recent study carried out by Deloitte, 80% of biopharma…
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December 05, 2022
Creating a Win-Win Alternative Payment Model Strategy for Payers
Advancements in technology are revolutionizing the healthcare industry. With the emergence of Alternative Payment Models (APMs), healthcare providers are adopting new best practices to succeed, while payers are looking for…
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October 07, 2022
What Is Value-Based Care and What Does It Mean for Providers?
What Is Value Based Care? Value-based care (VBC) is a healthcare model that reimburses providers based on the quality of care provided and the patient outcomes achieved. Put simply, with…
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September 22, 2022
Pros and Cons of Doing Revenue Cycle Management In-House vs. Choosing a Third-Party Partner
Healthcare providers are experiencing a number of challenges when it comes to their revenue cycle management (RCM): More time spent in accounts receivable (AR) Staffing shortages, with either too few…
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