In healthcare revenue cycle management (RCM), staying updated with the latest regulations, technologies, and industry trends is essential for long-term success. The RCM landscape is ever-evolving, driven by regulatory changes, technological advancements, and shifts in payer policies. For professionals working within this critical field, continuing education is not just a benefit but a necessity. Why […]
Mastering the Symphony of RCM Across Healthcare In the intricate world of healthcare provision, maintaining a fluid Revenue Cycle Management (RCM) system is pivotal for the financial health and operational stability of providers. Whether it’s a bustling hospital, an efficient ambulatory surgery center (ASC), or a fast-paced dental practice, each has its unique RCM rhythm. […]
In the wake of recent challenges faced by Change Healthcare Clearinghouse, the healthcare industry finds itself at a critical juncture, grappling with the necessity to fortify backup plans and cybersecurity protocols to safeguard against disruptions and enhance resilience. As one of the cornerstone entities facilitating the exchange of vital healthcare information and payments, the failure […]
In Revenue Cycle Management (RCM), achieving a “zero balance” is crucial. This term refers to the point at which there are no outstanding balances or unpaid claims in a healthcare provider’s accounts receivable. It signifies that all patient accounts have been successfully billed, all claims have been processed, and all payments have been collected. Let’s […]