by Debbie Pantenburg | Jun 23, 2024 | All Posts, RCM Technology
The healthcare industry is facing a critical challenge: a shortage of skilled staff across all departments. This shortage is particularly acute in revenue cycle management (RCM), a complex and vital function that ensures healthcare providers receive timely and...
by Debbie Pantenburg | Jun 21, 2024 | All Posts, Medical Coding
For any medical practice, a smooth operation hinges on a well-managed revenue cycle (RCM). At the heart of this cycle lies accurate medical coding and billing. It’s the bridge between your exceptional medical services and the financial compensation that fuels...
by Debbie Pantenburg | Jun 19, 2024 | All Posts, RCM Data Analytics, RCM Technology, RPA Technology
Did you know that independent practices spend a staggering 30% of their time on administrative tasks related to revenue cycle management (RCM), according to The Commonwealth Fund Focus Report on Controlling Healthcare Costs. In fact, administrative complexity is the...
by Debbie Pantenburg | Jun 18, 2024 | All Posts, RCM Thought Leadership
The trend toward consolidating medical groups is continuing, creating unique challenges for the vendor community supporting these groups. Why the Consolidation Trend Matters According to Definitive Healthcare, there were almost 340,000 active physician groups as of...
by Debbie Pantenburg | Jun 7, 2024 | All Posts, RCM Best Practices, RCM Thought Leadership
The healthcare industry continues to move toward a value based care (VBC) model where patient satisfaction and experience with care factors into payer reimbursements. This relatively recent shift in the healthcare payer model prioritizes the patient’s health over the...
by Debbie Pantenburg | Jun 5, 2024 | All Posts, RCM Best Practices
A smooth-running revenue cycle management (RCM) system is no longer a luxury in a healthcare practice of any size, it’s a necessity. Errors in medical coding and billing, inefficient workflows, and denied claims can significantly impact a practice’s...
by Debbie Pantenburg | Jun 3, 2024 | All Posts, Practice Profitability, RCM Technology, RPA Technology
Professionals in the healthcare industry are primarily dedicated to patient well-being as their primary mission, but often struggle with administrative complexities. Medical billing, a crucial aspect of revenue cycle management (RCM), can be a time-consuming and...
by Debbie Pantenburg | May 28, 2024 | All Posts, Medical Coding
The business of running a healthcare organization is complex and constantly changing, given market conditions, government regulations, payer requirements, and patient demands. To ensure financial stability in light of these complexities, having smooth running revenue...
by Debbie Pantenburg | May 26, 2024 | All Posts, RCM Thought Leadership
The healthcare industry is undergoing a period of unprecedented transformation. Technological advancements, shifting patient expectations, and evolving regulations are reshaping how care is delivered, managed, and financed. Staffing shortages and the need for...
by Debbie Pantenburg | May 24, 2024 | All Posts, Outsourcing RCM
Maximizing healthcare revenue and improving patient collections, while providing excellent patient care, is a complex process. In order to optimize reimbursements, practices must have efficient revenue cycle management (RCM), qualified staff, meet regulatory...