All the aspects of financial management of a medical practice providing healthcare to patients are encompassed under the umbrella of Revenue Cycle Management (RCM). Revenue Cycle Management (RCM) plays a vital role in the success of any medical practice and hence requires constant monitoring and evaluation so that it constantly keeps on improving. Due to [...]
One of the main reasons of an unsuccessful Electronic Medical Records (EMR) software implementation is choosing an EMR software with features that do not have the ability to enhance the clinical and organizational performance of the healthcare practices and hospitals. Choosing the right EMR system […]
Chronic Care Management (CCM) consists of all the operational and educational activities medical practices conduct for the treatment of patients suffering from chronic diseases and abnormalities. As of 2015, healthcare clinics that treat chronically ill patients via non-face-to-face visits, are eligible for reimbursement for all those activities. This rule was implemented in compliance with the [...]
With the technological advancement in healthcare technology, EHR software vendors have started offering Practice Management (PM) software to help medical practices and healthcare organizations in managing the administrative side of their practices. The Electronic Medical Records (EMR) software […]
Revenue Cycle Management (RCM) software system in healthcare acts as a foundation pillar of hospitals and other healthcare practices. Effective management processes allow medical practices to keep profitability along with dealing with timely claims and payment processes. The healthcare Electronic Medical Records (EMR) software system keeps a close look on individual patient’s experience, from early [...]