5 Steps to Lead an Effective Behavioral Health RCM Process
Jun 20, 2023 9:30:00 AM / by Altruis posted in Behavioral Health, Revenue Cycle Management
Revenue Cycle Process in Healthcare: 7 Key Steps
May 24, 2023 6:50:30 PM / by Altruis posted in Revenue Cycle Management, billing cycle in medical billing, corporate revenue cycle, clinical revenue cycle
Avoiding Denials: 5 Tips for Revenue Cycle Improvement in Healthcare
May 16, 2023 5:01:27 PM / by Altruis posted in Revenue Cycle Management, hospital revenue cycle, Revenue Cycle Improvement
How Can an Organization Improve its Revenue Cycle Management? 6 Best Practices to Start Today
May 2, 2023 9:14:56 AM / by Altruis posted in Revenue Cycle Management, hospital revenue cycle, Revenue Cycle Improvement, revenue cycle healthcare
At healthcare centers like yours, revenue cycle improvement is a key aspect of revenue cycle management (RCM). Refining your RCM leads to greater productivity and profitability, which leads to better patient care for the community.
Smart revenue management is especially important for any federally-qualified healthcare center (FQHC). Under federal rules, you have an obligation to stay within regulatory compliance and use public dollars wisely.
This article helps healthcare organizations understand some of the industry’s best revenue cycle management practices. Below are six effective ways to boost your healthcare center’s financial wellness.
Medical Billing Revenue Cycle Management: Are Gross Versus Net Margins Hurting Your Mission?
Mar 14, 2023 7:05:00 AM / by Chris Caspar, CEO posted in FQHC, medicare chronic care management, medicare reimbursement, Revenue Cycle Management, Chronic Care Management, Medicare, denials, reducing hospital readmissions
When it comes to medical billing collection rates, the phrase “no margin, no mission” can ring too true. After all, if a care center doesn’t bring in enough revenue to keep things running, any higher purpose they have is meaningless. That’s why you devote so much time to keeping your center or federally qualified health center afloat. But it’s important to remember that the reverse of this well-known phrase is also true: No mission, no margin. If you’re devoting too much time to the billing side of your practice, it’s the patients who suffer.