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The Costs of Healthcare RCM Services

Practices in the healthcare industry operate using Revenue Cycle Management in order to remain viable. The billing process includes verifying insurance, entering patient demographics into records, specifying charge entries, submitting claims, awaiting payment posting, conducting follow-ups to secure payments, managing denials, and completing reports. These tasks are time-consuming and tedious. Read more…

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How can Outsourcing Revenue Cycle Management help Increase Collections?

Outsourcing some activities of the Revenue Cycle can help you in obtaining payments while reducing overhead costs of maintaining in-house billing teams, expenses on technology, office equipment and compliance related issues. This increases your Revenue, reduces your costs and capital expenditures. In fact, 83% of hospitals currently outsource at least Read more…