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9 Ways to Improve Your Practice's Revenue Cycle

December 17, 2009 | Leigh Page | BeckersASC.com

The fastest way for a practice to increase profitability is to improve its revenue cycle, according to David Wold, CEO of Healthcare Information Services in Park Ridge, Ill. "A practice that seriously examines its revenue cycle and takes steps to improve it can potentially increase monthly reimbursements anywhere between 5 and 15 percent within 4-12 months," Mr. Wold says. - Read More-

The Changing Face of RCM (Revenue Cycle Management)

September 02, 2009 | Chip Means, Web Editor | Healthcare Finanace News.com

Under self-pay structures, a significant amount of payments for medical costs are shifted from the commercial insurance company to the patient. This increases the need for hybrid performance in revenue cycle management solutions, said Brad Lund, executive director of the Healthcare Billing and Management Association. - Read More-

 

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