MGMA Article: Get proactive with payments – How medical groups can fearlessly revamp revenue cycle management

Revamping your RCM strategy means adopting a new outlook and approach centered on proactive behaviors โ€” allocating more resources toward the front end of the revenue cycle.

Patient Payment & Financial Clearance Strategies

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What are “wasted touches” in the revenue cycle & how do we prevent them?

Healthcare organizations are already facing razor thin margins, and administrative waste could be the linchpin for future sustainability. Billions of dollars are at stake. Iโ€™m always surprised when I talk to doctors and ask them if know how many touches, or people, it takes to get paid for services they provide, they rarely know the answer. Itโ€™s also concerning when administrators and executives over the revenue cycle functions donโ€™t have this information.

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Reduce RCM labor dependence with financial clearance, coding, insurance A/R, & patient A/R automation modules with real-time analytics.

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