Reduction in cashflow? Here are few quick fixes.
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.
How To Arrest Revenue Leakage In Medical Billing?
Inefficiency & carelessness can cause revenue leakage at various stages in the revenue cycle and results in the loss of thousands of dollars if undetected and left unaddressed. In this whitepaper, we bring you ten best practices that you can implement to reduce revenue leakage in your way. Click on the link below to download the guide.
Shifting The Focus From Denial Management To Denial Prevention
The adage, "Prevention is better than cure," does apply to Claim Denials as well. An effective denial prevention program requires an iterative process that includes identifying the root cause, finding solutions to prevent the issue from recurring in the future, institutionalizing these procedures through updates to standard operating systems, and training the staff on these practices. In this whitepaper from Medical Billing Wholesalers, we bring you a few steps that you can take to prevent denials.
Improved Revenue Cycle Workflow and reporting functionality accelerates Cash Flow
A revenue cycle system is only as good as its implementation. The very premise of software programs is to reduce human effort. Yet, most revenue cycle professionals utilize less than half of the capabilities of the system. In this case, study, learn more about how our Revenue Cycle Professionals look at our workload and performance data to understand how we can ease our work processes and exceed benchmark KPIs by taking advantage of the revenue cycle platform's dormant features.
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.
