Tag Archives | Revenue Cycle

Turning Around a Troubled Revenue Cycle

Accurate, efficient revenue cycle management is essential to maintaining positive cash flow in a healthcare facility. Maintaining positive health care finances requires that claims processing and payments are effectively managed and that claims are “trackable at all points so issues can be addressed in a timely manner. First, hospitals must learn what their issues are […]

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Moving Your Practice Past Industry Benchmarks

I often get the question, “What should my monthly numbers be?” My first response is, taking into account collections among other things affecting their practice, “What are your minimum requirements, annual goals, and what amount of time and energy are you willing to put in, in order to reach those results?” This is not the […]

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How Physicians Can Improve Coding And Increase Revenue

Reimbursement for evaluation and management (EM) services is often the most challenging for primary care physicians and their billing staff. The most common EM codes are based on location, patient status, and level of service. A good understanding of the opportunities, and a review of common errors found in audits, will help your practice obtain […]

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Are Revenue Recycles Recovering From ICD-10 Impacts?

One of the things we are worried about is how ICD-10 implementation affects reimbursements for healthcare providers. And since Oct. 1, we’ve saying it’s too early to tell.

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ICD-10 Two Months In: Consultants Give an Inside Look at How the Transition Has Impacted the Industry

Poor documentation, decrease in productivity among main ICD-10 challenges thus far.

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Healthcare Providers In Mad Dash Towards ICD-10

With implementation of ICD-10 less than three months away, revenue cycle teams are breathing a little more easily since the Centers for Medicare and Medicaid Services’ announcement of a year’s grace period in which claims will not be denied because they’re not specific enough.

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