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Patient Eligibility Verification Gets Boost from AI & ML
Patient eligibility verification is a crucial process in the entire revenue cycle management (RCM). An MGMA analysis report, found that an average healthcare practice spends...
Eligibility Verification: Real-time, Error-free, Cost-effective
Currently, medical technology is all about networking with different frameworks and sophisticated software solutions to optimize processes, save time, and increase revenue. There are...
Understanding the Eligibility Verification Process
The current healthcare space has created confusion about health insurance -not only among healthcare providers but also among patients.
Many patients are totally unaware of...
The Importance of Preauthorization in Revenue Cycle Management (RCM)
Pre-authorization(PA) is the procedure of obtaining prior approval from the payer(insurance company) before the healthcare provider offers services to the patient; Also called prior...
Digitalize Preauthorization to Boost Provider-Patient-Payer Satisfaction
Prior authorization (PA) has been a major obstacle in healthcare for years. The PA phase was introduced in the Revenue Cycle Management(RCM) cycle to...
6 Tips to Optimize Prior Authorization in Revenue Cycle Management
Even before insurance firms agree to pay for medications, procedures, or medical equipment, healthcare providers require a signoff that a particular procedure will be...
How to Choose the Right Revenue Cycle Management Partner?
Challenges Faced When Selecting an RCM Partner
The greatest challenge faced by healthcare experts is unsettled financial transactions due to a disorganized revenue cycle. Together...
Focus on Healthcare, Outsource Revenue Cycle Management
Hospitals today are incompetent in processing important business transactions because they have limited automation and utilize non-integrated IT business applications. Therefore, 30 cents on...
The Case For Outsourcing Revenue Cycle Management
The revenue cycle management (RCM) in healthcare facilities is fraught with problems. Medical billing errors, coding mistakes, revenue leakage, failure to get prior authorization,...
7 Best Practices for Revenue Cycle Management
The healthcare industry is quite different from other businesses as clinical treatment is not a succinct or lone transaction and subjects to complex procedures...
