Revenue Cycle Management: How Hospital Collection Services Can Aid Your Medical Billing Efforts
You were trained to treat people — not perform cash extractions. In a hospital or other medical facility, revenue cycle management, or RCM, determines the business’s profitability. Healthcare finances differ from those of other businesses because clinicians must take extra steps to collect payments. Between submitting claims through insurance companies and billing clients for out-of-pocket […]
Outsourcing Accounts Receivable Management Can Boost Healthcare Providers Growth
Gentle reminders are our first choice to collect accounts receivable. Maintaining cash flow in healthcare is an important part of keeping a business healthy and growing. When there are problems collecting accounts receivable, it can affect a business adversely. Outsourcing can be a practical solution to improve your accounts receivable management and boost your income. […]
