It’s the beginning of the year, which can mean less cash received on commercial claims due to high deductibles or changes in patients’ individual benefits. Let’s not forget that Q1 is also a common time for new payment policies to become effective. When it comes to payment policies, a popular topic is prior authorization requirements.
Read MoreManaging claim denials is essential in the revenue cycle, recouping lost healthcare revenues and maximizing reimbursements. So what if you could stop (or at least reduce) claim denials in their tracks?
Read MoreAre you frequently reviewing your post ICD-10 risk mitigations plan? Did you even create a post implementation risk mitigation plan for your revenue cycle? If the answer is no to either of these questions don’t worry it is not too late to do something. The greatest risk areas in the revenue cycle is a delay in cash flow. You can start a simple risk mitigation plan by asking yourself some simple questions:
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