A revenue cycle management (RCM) strategy can help healthcare organizations of all sizes and types maximize revenue, improve collections, and reduce denials and claims-related expenses. But […]
A hospital’s revenue cycle refers to the different stages of its financial operations, from billing patients to collecting payments on those bills. Like any business, hospitals […]
In order to manage your hospital’s revenue cycle management, you’ll first need to understand what that means and why it’s so important. Revenue cycle management (RCM) […]
With the advent of 3M’s EAPG methodology, there has been a significant shift in healthcare services towards value-based care rather than volume-based care. So wait a […]
What happened when COVID-19 first hit the world? When the novel coronavirus started spreading all across the globe, the healthcare industry labeled it as doom and […]
The Price Transparency Rule is an essential thing for healthcare. It helps the consumer to be aware of the cost of services. This is something every […]
The Covid-19 pandemic has left the world in a devastating rumble as the economy and the healthcare system take the blow. According to research, it is […]
The ways hospitals process medical expenses have changed drastically with the advent of the Enhanced Ambulatory Patient Grouping (EPAG) methodology. In short, under this new workflow […]
Before the final decision came out about hospital price transparency, many hospitals were hoping that the ruling would be in their favor. They had not started […]
Are you looking to classify EAPG systems? Do you want to learn how to calculate reimbursements for outpatient services? If you said yes to both these […]
Payment Cycle Management is also known as Revenue Cycle Management (RCM). It is a process specially designed to manage the healthcare facility system. It is important […]