Revenue Cycle Management Blog
RCM Top Metric: How to Improve Cash for Your Medical Practice by Tracking Days in A/R
Two of the most critical metrics for any healthcare practice to monitor are Days in A/R and A/R Over 120 Days. These key performance indicators (KPIs) serve as early warning signs for underlying billing and collections issues, offering clear targets for improvement. Learn how to calculate these top metrics and how to improve them.
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.
FAQs on Medical Billing Services | Top Questions and Answers on Outsourcing 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?
Don’t Leave Revenue on the Table: Navigate Healthcare Contracts for Practice Growth
Don’t leave money on the table! Learn how to navigate 2025’s evolving healthcare landscape, optimize payer contracts, and boost your practice’s revenue. Understand rising costs, shifting power, and new regulations to secure fair reimbursements.
Top Five Signs Showing Your Practice Needs to Outsource RCM
Managing your revenue cycle in-house is a big responsibility, and for some healthcare practices, RCM billing comes with levels of complexity that may seem overwhelming. Even the most dedicated teams can feel stretched between medical coding and compliance, 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,...
How to Use Claims Edit Software to Immediately Improve Practice Cash Flow
If you’re a physician or practice manager experiencing inconsistent cash flow, there’s good news: claims edit software offers a proven way to improve your financial performance. By preventing denials before claims are submitted, this software can drastically reduce rework, speed up reimbursements, and immediately enhance your bottom line.
What Is the Role of a Medical Billing Company in RCM?
Your Revenue Cycle Management (RCM) professional billing services partner is essential to maintain a high performing practice.
If you’re in the research and education phase of evaluating RCM solutions, we’ll help you understand what things to look for in comparing RCM companies, and how outsourcing can optimize your processes to significantly improve your organization’s cash flow.