To be able to better understand how revenue cycle management (RCM) works, you must understand the steps involved in the process. Here are 13 steps of […]
What is a contractual adjustment? To be able to better understand what contractual adjustment is and how it is billed to the patient, you must know […]
When talking about RCM (revenue cycle management), it can be defined as a financial process where medical billing software is used by healthcare facilities in order […]
According to a recent survey conducted by the national healthcare industry, around 60% of the hospitals and their executives were of the opinion that revenue integrity […]
There is often a misconception about claims; that is, it starts and ends with reimbursement. Even though reimbursement is one of the critical components in a […]
Prior authorization is a requirement that a physician needs to get approval from a health care provider before prescribing any medication or performing any operation. If […]
It seems some healthcare organizations have been paralized and struggling to comply with the price transparency rule which took effect on January 1, 2021. Studies show […]
Considering the events that occurred in the last year it is predicted that healthcare will be the most driven industry in 2021. 2020 has already transformed […]
From January 1, 2021, hospitals all across the United States (US) will have to comply with the new price transparency rule. According to the new rule, […]