Billing & RCM

What Is Revenue Cycle Management?: 4 Key RCM Steps

What Is Revenue Cycle Management?: 4 Key RCM Steps

If you are scratching your head over trying to figure out what is revenue cycle management and how to handle your revenue cycle management, you’re not alone. Healthcare systems in not only the United States, but all over the world, face the same coding, billing, and...

Medical Advantage Podcast Ep 5: E/M Coding Changes 2021

Medical Advantage Podcast Ep 5: E/M Coding Changes 2021

Proper billing and coding is key to any medical practice’s RCM workflow. But with 2021 bringing the biggest changes to E/M coding guidelines in decades, many physicians are trying to figure out what has changed— and...

The Top 5 Changes to E/M Coding in 2021

The Top 5 Changes to E/M Coding in 2021

For the first time in more than 25 years, coding guidelines for outpatient evaluation and management (E/M coding) services have experienced a major overhaul. What can practices do to prepare for the 2021 E/M Coding changes?  For medical practices seeking to get...

Leverage Your EHR to Harvest Denied Claims Revenue

Leverage Your EHR to Harvest Denied Claims Revenue

On a number of levels, COVID-19 has made it more important than ever for a medical practice to focus on maximally efficient management of denied claims. First, finding additional revenue is critical for most practices at this moment, as the COVID “stay-at-home” world...

Steps To Accurate Risk Adjustment

Steps To Accurate Risk Adjustment

Value-based care programs rely on financial risk adjustment to reward providers who successfully care for complex, high-risk patients. Risk adjustment is a statistical method used to offset the cost of providing healthcare to individuals, especially those suffering...

Steps to Take to Reduce Patient Collections

Steps to Take to Reduce Patient Collections

With the increase in medical insurance plans with high deductibles, most medical practices have a significant amount of patient accounts receivables. Practices send statements monthly but do not see the return on investment based on the amount of money it costs to...