Revenue Cycle Trends for 2022 and beyond
With the revenue cycle industry evolving every day, RCM practitioners and decision-makers need to stay updated on the trends. Trust Revel, a Revenue Cycle Industry Newsletter from Medical Billing Wholesalers, to bring you updates on issues impacting the revenue cycle business.
Key Revenue Cycle Trends for 2022 and beyond
Tech, investments, efficiency, patient experience, underpayment recovery, and coding automation are some of the themes that will drive the revenue cycle market momentum in 2022 and beyond. This paper discusses some of the RCM trends happening in 2022
Radiology – Coding Guidelines & Best Practices
Radiology uses medical imaging to diagnose & treat diseases. A radiologist uses techniques like X-ray, Computed Tomography (CT), CT Angiography (CTA), Magnetic Resonance Imaging (MRI), MR Angiography (MRA), Ultrasound, Nuclear Medicine, and Positron Emission Tomography (PET). Download the coding best practices guide for Radiology by clicking here.
Use Cases for applying Artificial Intelligence in the Revenue Cycle
The adaptation of artificial intelligence in healthcare is ubiquitous, ranging from disease diagnosis, primary care, electronic health records, and telemedicine. AI in RCM can be a gamechanger and help healthcare entities improve the patient experience & improve collections. Learn more about how AI can increase revenue and reduce denials by mimicking the patterns of success it observes in the past data.
A Provider Credentialing & Contracting Checklist
A credential provider gets an increased number of patients through referrals from payers. Credentialing assures the patient that they are getting treated by a credible provider. It also helps physicians expand their business. Physicians/providers must credential themselves, i.e., enroll and attest with the payer's network and get authorized to provide services to patients who are members of the payer's plans. In this blog, we learn the steps to file credentialing applications accurately.
Overcoming common issues in Accounts Receivable Management
The most effective way to collect your unpaid accounts is by reaching out and talking to the customer. The number of patients treated, and the number of hospitals and physician services are increasing consistently, keeping the doctors & their staff occupied. As a result, they miss to follow up on a massive chunk of their revenue from the patients & insurance companies. Learn more on the ways to overcome common issues in Account Receivable management.
About Medical Billing Wholesalers
Medical Billing Wholesalers (MBW) provides business process outsourcing, revenue cycle KPI measurement, and robotic process automation tools. The company operates from 5 delivery centers in Chennai and Bangalore and has sales offices in New York, Dallas, Fort Lauderdale, Las Vegas, and Nashville. Through our clients, we support over 2,000 physicians across over 20 medical specialties and uses over 15 EMR/practice management systems today. The company applies proprietary workflow tools, and robotic process automation capabilities to help clients do more with the revenue cycle.
