Healthcare providers face unique challenges when it comes to managing their revenue cycle. From billing and claims processing to payment collection and patient communication, there are numerous stages to manage and keep track of. That’s why many providers are...
Healthcare policies and reforms are ever-changing, so it is important to keep up with this changing landscape with effective RCM (Revenue Cycle Management) strategies. Medical practices need to streamline their administrative operations so that financial outcomes can...
An increasing number of healthcare organizations have moved from in-house medical billing or revenue cycle management (RCM) to medical billing outsourcing. Technological advancements and changing government regulations are the key factors driving the trend to seek...
As a physician, your primary goal is to ensure you are paid for the services you provide. Outsourcing medical billing is an effective way to achieve this, but claim denials can occur due to various reasons. In fact, recent research from the Commonwealth Fund revealed...
According to a report from Markets and Markets, the global revenue cycle management (RCM) market is predicted to reach USD 90.43 billion in 2022 from USD 45.59 billion in 2016, growing at a CAGR of 12.1%. The base year considered for the study is 2016, and the...
