Month: November 2015

Revenue Cycle Management: Days In A/R (Part 5)

Revenue cycle management is becoming increasingly important as practices find their income numbers dropping after the switch to ICD-10. The drop could also be explained by changes in different insurance policies. Whatever the reason, physicians everywhere are working hard to make sure claims are sent correctly, and payments are being received. For the fifth part…

Revenue Cycle Management: POS Collections (Part 4)

The medical revenue cycle begins at patient registration. Up to 70% of the data a practice needs for billing is giving at this moment. It’s no wonder then, that with the consistent increase in patient payment responsibilities, and rising amounts of bad debt, providers in the healthcare industry are finding it more and more important…

Revenue Cycle Management: Charge Lag (Part 3)

As we continue our series on medical revenue cycle management, we want to highlight the importance of understanding your charge lag. This is especially important as the new ICD-10 coding has come into play. As a company who offers electronic medical billing services, we often see charge lag being overlooked. If you are experiencing a…