With the revenue cycle industry evolving every day, RCM practitioners and decision-makers need to stay updated on the trends. Trust Revel, a Revenue Cycle Industry Newsletter from Medical Billing Wholesalers, to bring you updates on issues impacting the revenue cycle business.
Use of KPIs for Performance Monitoring and Client Retention
Key performance indicators (KPIs) are a critical part of managing the operation and profitability of our businesses. Change in the inward-facing performance mindset leads to improved management, reflected in client results. Learn how consistent monitoring will keep you ahead of operational issues and put you in the best position to retain clients.
Improving Clinical Quality and Patient Experience is key to financial success
Even though a patient has had an excellent in-office experience, a bad one while paying their bill may cause them to go elsewhere the next time, they need health services. This article examines some of the ways revenue cycle managers can ensure a positive patient experience.
The Potential of Efficient Payment Posting
Inefficient payment posting can cause extended days in A/R – creating frustration for your clients. The high labor costs of this department can cut your profitability. Learn about increasing your client satisfaction and reducing labor costs.
ED Coding Guidelines and Best practices
Emergency departments are fast-paced environments where care is delivered quickly depending on the patient’s condition’s criticality. ED provides medical services across specialties. It requires close coordination of benefits when a patient enters an ambulance or an ED facility to discharge. Download the best practices guide for ED coding.
Compilation of Revenue Cycle Transformation Case Studies
While prolonged service codes may be reasonably straightforward, few codes cause more confusion than prolonged service codes. The coders must use the prolonged service codes to bill for services that significantly exceed a physician’s standard time while providing care.
