Missing or incorrect information collected at any point in the healthcare revenue cycle can ultimately result in a claim being denied. The use of bots and AI by insurers is also making it easier for them to deny payment. According to a recent survey published by the American Medical Association […]
Continue readingA/R Management
Improving A/R Management with Proactive Workflow Processes
RCMS’ solutions can improve a wide range of different patient billing areas where changes to manual work activities and the use of technology can have a significant impact on a health system’s financial performance. With the right tools and workflow processes, first-call resolution and time to collect patient payments can […]
Continue readingEnabling Enterprise-Level Reconciliation and Audit Controls
In many of today’s Health Systems with multiple Hospitals, Clinics and ASCs, disconnected legacy applications and other sources of data require a significant amount of manual work in order to reconcile all bank deposits being received across all locations. This leads to business office inefficiencies and inaccurate reporting. To tackle […]
Continue readingLeveraging ECM with Your Revenue Cycle Management Objectives
When it comes to getting work done better and faster, having quick access to all of the information you need is paramount to making that happen. Enterprise Content Management (ECM) is about organizing digital assets and automating document-driven processes. For Health Systems and IDNs facing increased demands on staff, integrating […]
Continue readingReducing Denials with Integration, Automation, ECM and Analytics
Minimizing Payment Delays with Synchronized Activity Across Multiple Applications RCMS works to improve a wide range of revenue cycle areas where changes to manual work processes and the use of workflow automation technology can have a significant impact on the financial performance of healthcare provider organizations. Our ReSolve® Denial/Defect Management […]
Continue readingMaintaining A/R Management Processes In Migrating to a New System
Depending on the EMR systems and other purpose-built applications being used, a “rip and replace” migration strategy that dramatically changes A/R management and financial reporting processes can significantly affect revenue and collection cycles essential to a steady cash flow. RCMS’ proprietary technology and systems integration experience allow us to specialize […]
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