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Auto coding technology in the revenue cycle
Using software & algorithms to automatically generate medical codes can significantly improve the billing process.
Using software & algorithms to automatically generate medical codes can significantly improve the billing process.
Revenue cycle employees contribute to the capture, coding, and collection of patient service revenue. Here are key jobs descriptions.
Clean claims rate” refers to the % of claims submitted to a payer that are processed & paid without any errors or rejections first time.
Workforce automation refers to the integration of technology solutions to automate tasks & processes performed manually by employees.
Workforce analytics are systematic analysis of employee data & performance metrics to enhance the effectiveness of operations for revenue generation.
This involves the strategic management & allocation of personnel resources to improve effectiveness in revenue-generating operations.
A critical component in RCM that can significantly impact reimbursement rates & operational efficiency. Be prepared & know what to expect.
Preventing coding denials in the healthcare revenue cycle is crucial for ensuring accurate billing and timely reimbursement.
Preventing coordination of benefits denials is essential for maximizing revenue & ensuring that patients are covered for medical expenses.
Involves reconciling the financial records of healthcare providers & reporting on the revenue generated from patient services.
Reduce RCM labor dependency with workflow automation, task management, & real-time analytics to increase margin.
Outsource your medical billing to us with over 20 years of revenue cycle experience incorporating Effective Intelligence in house.
Improve patient collection rates with account resolution services: call center, mobile engagement, payment portal & counseling.
Increase productivity and visibility into front & back office processes while keeping your staff focused.
Matt delves into profitability & accountability challenges facing healthcare, like lack of real-time data and task tracking.
Brad Hunter, talks with EVP & Chief Commercial Officer at MedEvolve, Inc. and Founder of myLifeLink, Matt Seefeld.
Compass Health added award winning RCM automation & intelligence to Veradigm EHR/PM system and reduced denials, AR days, and labor dependence.
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