Since the COVID-19 pandemic healthcare organizations have been financially hit. To gain better control over the flow of revenue and enhance the financial health of a practice, a robust Revenue Cycle Management (RCM) Software system must be deployed. What a Revenue Cycle Management Software? RCM solutions are designed to help providers manage their revenue cycle [...]
Robotic Process Automation (RPA) is being leveraged by the healthcare industry to streamline tasks, enhance the customer experience and even reduce costs. RPA eliminates human error and helps staff members focus on other important tasks. Automation has taken over the healthcare sector and many healthcare organizations and hospitals make use of a Revenue Cycle Management [...]
Healthcare providers and clinicians need to focus on patient care rather than concentrating on administrative and financial tasks which include billing services for patients. It is important to streamline financial procedures to improve patient satisfaction and retention. Many hospitals deploy a Healthcare Revenue Cycle Management (RCM) software system to automate and streamline difficult financial tasks [...]
The use of cloud-based software solutions gives greater flexibility to practices as they have all the information at their fingertips. To make the most out of Cloud-based EMR software and Revenue Cycle Management (RCM) software system it is important to maximize the usage of the cloud-based system to meet health IT needs. If providers need [...]
Healthcare providers need robust software systems and tools which can help them offer quality care to patients. MEDITECH EHR Software, Expanse is a versatile software system that can support providers through features that streamline daily clinical, administrative, and financial tasks. The software vendor is committed to offering ace quality cloud-based EMR Software solutions to help [...]
Being a healthcare professional or a physician you want to know the best Electronic Medical Records (EMR) Software vendors in the US. A top-ranked EMR Software solution will provide the right features to streamline clinical, administrative, and financial workflows and will be a scalable solution. The right EHR software systems will offer the utmost benefit [...]
Being a small and independent clinic with a few providers you may have experienced billing and coding issues resulting in lower revenue and a reduction in collection rate. Today's medical billing procedures are complicated and usually, clinics are okay with low reimbursement rates as revenue cycle management seems like an intimidating task. According to some [...]
Your medical practice is using cloud-based software services which means you can greater flexibility and have all the information at your fingertips. To make the most out of your Cloud-based EMR software and Revenue Cycle Management (RCM) software system it is important to maximize the usage of your cloud-based system to meet all your health [...]
Due to the COVID-19 pandemic, medical practices are experiencing a loss in revenue stream as patient traffic has reduced in clinics and hospitals and patients are canceling non-emergency appointments due to the fear of catching the virus at the doctor's waiting room. You might be thinking to outsource your revenue cycle management to a third [...]
Hospitals and healthcare providers deal with a lot of unnecessary and excessive administrative burdens which can result in reduced patient care and lower patient outcome levels. National data reveals that 50% of the medical workforce and staff members are burned out which is due to the administrative burden which also increases healthcare costs. Too many [...]