Revenue Cycle Management Blog

FAQs on Medical Billing Services | What You Need to Know About Expert RCM

FAQs on Medical Billing Services | What You Need to Know About Expert RCM

In this article, we’ll answer key questions every independent practice should be asking: What do medical billing services actually involve? What are the specific RCM services provided?  Why are more physician groups choosing to outsource this function? And how can understanding the “4 Ps” of medical billing—Patients, Providers, Payers, and Processes—help build a more profitable and sustainable revenue cycle?

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RCM Top Metric: How to Calculate Your Denial Rate and Reduce Denied Claims

RCM Top Metric: How to Calculate Your Denial Rate and Reduce Denied Claims

When healthcare providers regularly calculate claim denials and interpret this metric, it gives them a clear path to increasing cash flow, optimizing performance, and reducing administrative waste. In this article, we’ll help you learn to calculate your medical claim denial rate, why it’s important, what industry benchmarks to strive for, and how to reduce your denial rates over time.

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Seven Most Important RCM Metrics That Every Medical Practice Should Monitor

Seven Most Important RCM Metrics That Every Medical Practice Should Monitor

A well performing medical practice will experience high patient satisfaction, efficient RCM billing processes, speedy healthcare insurance reimbursements, strong patient cash payments, and strong overall revenue performance. Measure the health of your own practice against the seven metrics outlined in this article that provides a clear snapshot of your financial performance.

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The Hidden Risks of Non-Compliance in Medical Billing

The Hidden Risks of Non-Compliance in Medical Billing

Compliance in medical billing isn’t just a regulatory formality, it’s a cornerstone of financial health, patient trust, and practice sustainability. Yet, many healthcare providers underestimate the cost of noncompliance until the consequences show up as denied claims,...

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