Are you losing revenue due to the lack of a dedicated RCM process?
Revenue Cycle Management (RCM) services offered through Healthcare Revenue Cycle Outsourcing is an end-to-end procedure that starts with dispatch and continues until the account's life cycle is complete. In a nutshell, it affects all areas of your company's operations. Gaps in your process might result in considerable economic losses, and cash delays or disruptions as RCM gets more complicated. While effective billing operations often resolve the most common gaps, such as an incomplete level of service documented at dispatch, a lacking prior authorization, missing documentation, and the failure to account for payor nuances, to mention a few—there are many others that might go undetected and, if left unaddressed, and can lead to significant downstream issues with negative financial consequences. Is your healthcare business duly equipped with the knowledge and resources necessary to objectively examine your revenue cycle procedures and thoroughly identify potential pitfalls?