Chronic pain is a public health crisis in the United States, according to the Institute of Medicine (IOM). Studies estimate that 50 million adults in the country live with chronic pain, causing $80 billion in lost wages and lost productivity of nearly $300 billion...
Competent revenue cycle management(RCM) is essential for keeping medical practices and hospitals financially healthy. Obtaining prior authorization or approval from health plans to order specific medications, procedures or studies is one of the most challenging...
Revenue cycle management (RCM) is the administration of financial transactions that result from the medical encounters between a patient and a provider, facility, and/or supplier, according to the Healthcare Business Management Association (HBMA). RCM involves several...
Earning sufficient revenue to cover overhead expenses and provide quality care is a major challenge for healthcare practices and hospitals. In addition to numerous declining reimbursements, government regulations, and third-party requirements, medical billing denials...
If your dental practice accepts insurance, implementing a streamlined dental insurance verification process is one of the most important steps to ensure a smooth patient experience and getting paid for services rendered. In fact, insurance verification is the first...