Revenue Cycle Management (RCM) Archives

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How Improving Your RCM Will Also Boost Patient Satisfaction

Leave a Comment / Practice Management, Revenue Cycle Management (RCM) / By Melanie Graham / patient experience, practice growth, revenue cycle management

When we talk about the importance of improving your revenue cycle management (RCM), we often frame those improvements within the context of your business and income. Increasing revenue, saving time and reducing administrative costs are the major benefits of strengthening and streamlining your RCM process. But there’s another benefit to RCM improvements that we don’t …

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What Is Denial Management?

Leave a Comment / Practice Management, Revenue Cycle Management (RCM) / By Melanie Graham / office manager, practice manager, rcm, revenue cycle management

Insurance claim denials are a massive financial headache for private practices today. In essence, a denial is a threat to your income. And when denials pile up, they affect your practice’s financial health. Practicing denial management in healthcare can keep your business on track and help you focus more of your time on patient care. …

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How Revenue Cycle Automation Can Reduce Workload, Ease Burnout and Grow Revenue

Leave a Comment / Revenue Cycle Management (RCM) / By Melanie Graham / automation, autopilot revenue, rcm, revenue cycle management

You’ve undoubtedly heard the buzz around automation in the healthcare industry. But the buzz is perhaps loudest when addressing needs within revenue cycle management (RCM). Technology, billing and RCM organizations are working every day to improve the time-consuming and often frustrating tasks required for insurance reimbursement. Why all this focus on revenue cycle automation? Because …

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What Is Revenue Cycle Automation?

Leave a Comment / Revenue Cycle Management (RCM) / By Melanie Graham / automation, rcm, revenue cycle management

It would be an understatement to say that artificial intelligence (AI) and automation are “trending topics” today. Everywhere you look, there’s a headline about a new use case for OpenAI’s ChatGPT — from college essays to law exams, real estate listings to blog posts. Even in healthcare, we’re seeing the trend take over. Yes — …

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What Is Accounts Receivable (A/R) in Healthcare and Why Does It Matter?

Leave a Comment / Revenue Cycle Management (RCM) / By Melanie Graham / A/R, accounts receivable, rcm, revenue cycle management

There are many moving parts to your practice’s revenue cycle management (RCM). But one of the most critical components is your accounts receivable, or A/R. Tracking and improving accounts receivable in healthcare is crucial for building a thriving, financially strong practice. Let’s dive into some essential knowledge and best practices around healthcare accounts receivable. What …

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Healthcare Revenue Cycle Management Trends: What to Expect in 2023

Leave a Comment / Revenue Cycle Management (RCM) / By Melanie Graham / rcm, revenue cycle management

Another year has come and gone — and that means it’s time for predictions on the year ahead. While 2022 may have been a bumpy ride for the healthcare industry (to say the least), we’re setting our sights on the future. We asked our in-house experts to look into their crystal ball and offer predictions …

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Best Practices for Revenue Cycle Management (RCM)

Leave a Comment / Revenue Cycle Management (RCM) / By Melanie Graham / practice growth, rcm, revenue cycle management

Regardless of your practice size, specialty or location, healthy revenue cycle management (RCM) is critical to your business’s success. Essentially, healthcare RCM is the process your practice must follow to get paid for the care you provide. And we all need to get paid, right? Unfortunately, maintaining an efficient RCM process isn’t easy. There are …

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How to Build a Successful Medical Billing/RCM Team

Leave a Comment / Practice Management, Revenue Cycle Management (RCM) / By Melanie Graham

When running a private practice, most of your time centers around patient care. But at the end of the day, you still need to get paid. And that requires some kind of medical billing team. While some practices outsource their billing, you may determine that keeping your medical billing team in-house is the best option …

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Customer Interest – Credentialing Form

Gentem Credentialing Services Using our credentialing services is a great way to increase staff productivity. It can also help decrease claim denials and give you more efficient RCM. A few common situations where it can make all the difference: You’re forming a new practice or changing your tax ID You’re joining a new provider network …

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