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What is Healthcare Revenue Cycle Management

WebThe overall purpose of RCM is to increase provider revenue, which benefits the patient first and foremost. Revenue cycle management helps providers earn more …

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Why is Medical Coding Important in Healthcare

WebOur hands-on experience in medical coding services assists your healthcare organization in a hassle-free journey by cutting down costs while maximizing your cash flow to …

Category: Medical Go Health

Top 6 Revenue Cycle Management Challenges in Healthcare

WebTop 6 Revenue Cycle Management Challenges in Healthcare Right Now. 31 August 2021. Any Revenue Cycle Management process faces many challenges owing to the plenty of …

Category: Health Go Health

Role of Medical Coding in Healthcare Industry – BIS

WebThere are multiple benefits of medical Coding in healthcare. Some are as follows: • Helps to set health priorities. • The common cause of death within the community gets tracked …

Category: Medical Go Health

Top 5 Revenue Cycle Management Trends for 2023

WebWe shall discuss below the five most significant RCM trends that will amplify the organization's financial health. 1) More Focus on a Patient-centric approach by …

Category: Health Go Health

What are 3 Different Types of Billing Systems in Healthcare

WebLet us discuss in detail the three different medical billing systems for Healthcare below: 1. Closed System: A closed medical billing system uses digital tools to track health records …

Category: Medical Go Health

Medical Records Management

WebThe patients' complete medical treatments and the clinical care offered are documented and stored legally, and such a document is known as the medical record.The patients' …

Category: Medical Go Health

The Role of Payment Posting in the RCM Process

WebPayment posting in medical billing: A Pivotal key for an efficient Revenue Cycle Management of any healthcare. Payment posting in medical billing plays a …

Category: Medical Go Health

Role Of Business Intelligence in Healthcare Industry

WebBenefits that business intelligence bring to the healthcare industry. Integration of data benefits both the patient and the healthcare providers. Big data is …

Category: Health Go Health

The Importance of Quality Improvement in Healthcare

WebImportance of quality improvement in healthcare is imperative to stimulate performance through a systematic procedure that requires constant upgrading. It also aids in …

Category: Health Go Health

Revenue Cycle Management Flowchart

WebStep 1: Appoinment Scheduling - The patients' healthcare organization or clinic is contacted for patient appointment with the healthcare provider. Some clinics …

Category: Health Go Health

Clinical Business Intelligence: Everything You Need to Know

WebA vast collection of data gets simplified with the help of Clinical Business Intelligence, which is pivotal for the healthcare industry to reduce human errors and enhance efficiency in …

Category: Health Go Health

Role of Pre-Authorization in Revenue Cycle Management

WebThis procedure is referred to as Pre-Authorization (PA). It is also known as pre-certification or pre-approval. It is an affirmation from the health insurer that you …

Category: Health Go Health

Role of Pre Authorization in Medical Billing Services

WebAuthorization in medical billing refers to the process wherein the payer authorizes to cover the prescribed services before the services are rendered. This is also termed as …

Category: Medical Go Health

Importance of Insurance Eligibility & Benefits Verification

WebVerification of eligibility and benefits is best done before any clinical services or before any medical care commences. Prior authorization is required for the patient to undergo the …

Category: Medical Go Health

What is Credit Balance Resolution in RCM

WebWe ensure that with our credit balance service model, you can minimize the credit balances and resolve the same and refund the additional payments seamlessly. Credit balance …

Category: Health Go Health

Payment Posting: A Complete Guide to How it Works

WebPayment Posting lets you view the day-to-day payments while clearly showing the practice's financial status. The recording of payments in the medical billing software too is referred …

Category: Medical Go Health

13 Steps In Revenue Cycle Management

Web2.Patient Pre-registration. The first step is always crucial as it starts even before a patient get enrolled in the system. Patient’s data include Name, medical history, …

Category: Medical Go Health