revenue cycle management

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

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?

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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How Do I Know It’s Time to Switch Billers?

When it comes to relationships, we yearn for the days when they finally feel comfortable. A point when the anxiety is gone. When you can breathe easy and know that everything is on track.  These relationships happen in our personal and professional lives. As a practice owner, you’ve developed solid, comfortable relationships with your employees, …

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Switching from self-pay to insurance

Self-Pay to In-Network: How To Accept Insurance as a Therapist

As a self-pay practice, you may already have a steady stream of patients who come through your door. But you know there’s potential to increase that patient flow — potential to help more people and grow your business.  Accessing that patient population, however, means learning how to accept insurance as a therapist — switching from …

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

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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Team reviewing revenue cycle management trends

Healthcare Revenue Cycle Management Trends: What to Expect in 2023

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)

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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Why You Should Integrate Your EHR System with an RCM Platform

While not used by every private practice, electronic health records (EHR) have become the norm for independent physician offices. Adoption has been rising over the last 18 years — in 2017, 86% of office-based physicians reported using an EHR.  EHRs are crucial for managing patient care — they simplify and organize communication and records to …

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RCM Tips for Independent Physicians

With private practice ownership making a comeback post pandemic, it’s vital to deploy the best strategies to help build a successful clinical practice.

Physician influencer and clinician Dr. Brent Lacey, founder of the popular blog/podcast “Scope of Practice” shares the best strategies to build a successful practice.

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Webinar Replay: RCM Tips for Staying Independent

RCM Tips for Independent Physician Practices Many physicians today are leaving their independent practices for hospitals, health systems and other healthcare corporations. But staying independent is possible with a healthy revenue cycle.  In this 20-minute webinar, revenue cycle management (RCM) expert Jenn Vaughn provides advice on how practice owners can optimize their RCM to run …

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