In the increasingly complex landscape of healthcare, clinicians and revenue cycle managers often operate in silos that hinder efficient decision-making and financial sustainability. The healthcare market’s imperfect nature exacerbates this issue, as patients typically lack full knowledge of service
In the intricate landscape of healthcare, efficient revenue cycle management (RCM) is pivotal for both operational success and exceptional patient experiences. As healthcare providers strive to balance financial sustainability with high-quality patient care, strategic RCM initiatives stand as a
In the ever-evolving landscape of healthcare administration, ensuring efficiency and accuracy in the revenue cycle is a constant challenge, necessitating innovative strategies to stay ahead. Renown Health exemplifies this proactive approach by leveraging advanced technologies such as automation,
The healthcare sector in the U.S. has long grappled with inefficiencies and inaccuracies in payment processes. With a merger project valued at over $3 billion, private equity firm New Mountain Capital aims to address these challenges head-on. By combining The Rawlings Group, Apixio's Payment
The relationship between a person's educational background, insurance status, and propensity to challenge medical bills is significant. A recent study published in the JAMA Health Forum has revealed how these factors create disparities in patient behavior, impacting financial relief and
Medical billing is an intricate process that ensures healthcare providers receive payment for the services they render, and a cornerstone of this system is the use of Current Procedural Terminology (CPT) codes. Created and maintained by the American Medical Association (AMA), these numerical codes
