Medical billing has always been a complex process as it involves a range of stakeholders, including healthcare providers, insurance companies, and patients. Handling medical billing to reduce claim denials is focused on ensuring that the healthcare providers are paid for the services...
Revenue Cycle Management or RCM as it is known to many businesses is a financial process that utilizes tools such as billing and database management to efficiently handle revenue scheduling and payments. Revenue Cycle Management can enable healthcare organizations...
While focusing on the business expansion plans and handling the dynamics of the market, the management of a business often ignores the fact that there is something that is slowly and steadily obliterating its revenues. Revenue Leakage has become a major problem for thousands of businesses that are operating around the globe. The term Revenue...
Underpayment has always been a key issue in the healthcare industry. The healthcare providers have been performing their duties in long work hours under challenging conditions but not getting paid in an adequate manner. This has further been highlighted in recent years, especially during the COVID-19 pandemic. To get a brief on the term, underpayment...
Overaged Claims are one of the major reasons behind revenue leakage in the healthcare industry. Overaged claims can be defined as claims in the healthcare industry that remain unpaid for a significant period. These claims go beyond the statute of limitation and cause major damage to the revenues of a healthcare organization. Overaged claims make a huge...
For appraisers, time is money. If you can complete more reports per year, you can increase your earnings substantially. As an appraiser, you are paid for your local market analysis and expertise, not you're typing and data entry skills. An appraisal assistant can help increase your efficiency by taking care of the tasks that don’t require your judgment or knowledge. A huge part of this is learning the art...
Copyright by CIVXDATA. All rights reserved.
Copyright by CIVXDATA. All rights reserved.
