Tag: RCM outsourcing

RCM Outsourcing

Healthcare: The Role of RCM Outsourcing and Technology

The U.S. healthcare industry, marked by its global leadership in spending, faces mounting pressures due to evolving care models, supply chain disruptions, regulations, labor shortages, and rising costs. To navigate these challenges, healthcare leaders are prioritizing quality care delivery while also optimizing administrative operations, including revenue cycle management (RCM). Outsourcing RCM has become a key […]
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AI and automation

The Future of RCM: AI and Automation

 Healthcare’s financial management has become more complex as it grows. Revenue Cycle Management (RCM) is no longer just a collection of billing and payment procedures. As a strategic, data-driven function, it has become an integral part of healthcare organizations’ financial health. Increasing administrative burdens, regulatory changes, and shrinking margins have caused many providers to turn […]
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outsourcing Revenue Cycle Management

Outsourcing Revenue Cycle Management Services: A Solution for Independent Physicians

Independent physicians, while passionate about patient care, often find themselves entangled in the intricate web of financial management. This has become increasingly challenging with the shift towards value-based care and the growing complexity of payer contracts. Outsourcing Revenue cycle management (RCM), the process of managing financial operations from appointment scheduling to claim settlement, has emerged […]
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Intelligent Automation

How Intelligent Automation Can Address 3 Revenue Cycle Challenges

The healthcare industry has long buzzed about the potential of Artificial Intelligence (AI) to revolutionize financial operations and internal workflows. However, for practical solutions tackling the complexities of RCM, intelligent automation offers a more realistic path forward. Why Intelligent Automation Over AI? True AI strives to mimic human cognition, but it remains in its early […]
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low-dollar accounts receivable

Embracing Low-Dollar AR with Three Strategic Pillars

 Low-dollar accounts receivable for 3 Tips: This can be done effectively, efficiently, and profitably by following the three pillars of low- dollar AR below. Leveraging Offshore Resources for Enhanced Revenue Cycle Management Data doesn’t just tell a story, it can also provide a roadmap for managing low-dollar balances. Use data to identify accounts with the […]
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End to End RCM - Allzone Management Services

End-to-End RCM: Why Allzone is Better?

Revenue Cycle Management (RCM) – a complex beast with more pieces than a Picasso puzzle. Juggling billing, coding, claims, denials, and reporting feels like navigating a maze blindfolded. But what if you could step back, admire the complete picture, and watch your revenue soar? Enter Allzone – your RCM partner, transforming fragmented chaos into a […]
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RCM Pain Points

Addressing Common Pain Points in RCM And How Outsourcing Alleviate It?

Revenue cycle management (RCM) is an intricate and critical aspect of the healthcare industry, encompassing the entire process from patient registration to reimbursement. However, RCM processes often face challenges, leading to pain points that can hinder efficiency, increase costs, and negatively impact patient satisfaction. Outsourcing Revenue cycle management services offers a viable solution to alleviate […]
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aco-reach-brings-next-era-of-medicare-payment-models

ACO REACH Brings Next Era of Medicare Payment Models

The Accountable Care Organization Realizing Equity, Access, and Community Health (ACO REACH) Model provides the next great opportunity in moving a health care payment system toward paying for value and rewarding preventive care and keeping patients healthy. The future of accountable care in Medicare was at a crossroads late this past winter. According to multiple […]
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healthcare-finance-leaders-facing-revenue-cycle-workforce-shortages

Healthcare Finance Leaders Facing Revenue Cycle Workforce Shortages

More than 400 healthcare finance leaders reported having revenue cycle workforce shortages, with almost 20 percent seeing 30 or more vacancies. Healthcare finance leaders are experiencing revenue cycle workforce shortages, with one in four reporting that they need to hire more than 20 employees to fully staff their department, according to a survey commissioned by […]
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5-benefits-addressing-payment-integrity-payments-are-ever-made

5 Benefits of Addressing Payment Integrity Before Payments Are Ever Made

  Payment integrity in Medicaid—the concerted effort to keep tight control over fraud, waste and abuse—can be addressed at any stage in the claim cycle. Of course, the earlier it is addressed, the easier it is for health plans to avoid improper payments and the administrative burden of recovering them. And while pre-payment integrity programs […]
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