Big Data is changing everything, and healthcare is no exception. Considering that patients now pay most of the medical bills, this kind of prediction of patients’ financial habits is of primary importance to healthcare professionals. This is where Big Data comes in. Its ability to analyze the data and find useful patterns is its secret …
Leveraging Big Data to Understand and Improve Patient Payment Behavior Read More »
Healthcare is becoming transformative through the use of latest technologies such as Artificial Intelligence (AI), Machine Learning (ML) and recently Digital Twin Technology. The applications of digital twins have become popular in manufacturing, engineering and planning, but they aren’t yet ready for prime time in healthcare, let alone financial prediction. Explore to know what digital …
How Digital Twin Technology Can Improve Financial Forecasting in Healthcare Read More »
With globalization changing the medical landscape, increasing demand for cross-border healthcare services, and rapid expansion of new markets, there are opportunities and challenges for RCM. These are complex environments that require RCM solutions that manage specific financial, regulatory, and cultural issues, all while providing seamless patient care and cash flow optimization. This guide highlights how …
Tailoring RCM Strategies for Emerging Markets and Cross-Border Healthcare Read More »
Over the past few years, healthcare has changed from provider-centric to patient-centric sparking a shift known as “healthcare consumerism”. As patients become more savvy consumers, and judge what’s good, convenient, and expensive, healthcare providers need to change their RCM plans to reflect these changing expectations. Healthcare consumerism, what’s behind it, and how RCM can be …
The Rise of Healthcare Consumerism and Its Implications for RCM Strategies Read More »
In today’s healthcare field, managing cash flow can be challenging as it’s hard to always keep track of the cash. As a top-notch expert in managing the cycle of income (RCM), we know financial plans aren’t just about sending bills. It’s about crafting an all-encompassing strategy for improving revenues. The Critical Importance of Cash Flow …
A highly complicated healthcare industry often results in denied claims. A denied claim can tip the scale from a steady business to a big revenue loss. As an industry leading revenue cycle management service, we’re familiar with the details of maintaining a healthy denial management system. This guide will help you through this challenging path …
How to Implement a Successful Denials Management System Read More »
One of the spectacular impacts has been a dramatic shift in the delivery of healthcare enabled by the telehealth services born amidst the pandemic over these last several years has been made possible. The digital revolution has not only transformed how patient care is delivered but also tremendously influenced Revenue Cycle Management (RCM) for healthcare …
How Telehealth is Transforming Revenue Cycle Management (RCM) in Healthcare Read More »
Today, in the unprecedented scale and pace of a digital world, the information age pays attention to factual and timely processing efficiency. The opportunities where people like you can hire professional transcription services to convert spoken words into written text in minutes with high accuracy play a vital role for many industries. Transcription is beneficial …
Top 5 Industries That Benefit Most from Professional Transcription Services Read More »
In today’s complex healthcare environment, achieving efficient Revenue Cycle Management (RCM) is one of the key success factors for the sustainable financial stability of medical practices and healthcare organizations. Therefore, it is required to measure certain Key Performance Indicators (KPIs) that reflect specific performance aspects that can be further optimized. This detailed guide will discuss …
10 Key KPIs for Optimizing Revenue Cycle Management (RCM) Success in Healthcare Read More »
Today, our world is more connected and technologically advanced than ever. This brings the need for changing information from one form or language to another to an all-time high. Here, two critical tasks are transcription and translation. These terms are often swapped, but they stand for different processes, each with its uses and struggles. This …
Transcription Vs Translation: Understanding Key Differences & Applications Read More »
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