Your source for helpful revenue cycle management how-to guides, articles, industry trends, and news.
Verifying eligibility at registration with basic ‘Yes or No’ isn’t cutting it. You must re-check eligibility throughout the entire care process, from scheduling services to submitting the claim.
Combining Propensity to Pay, Financial Aid Determination and Address Verification increases registration accuracy, decreases denials, and reduces costly lost and unpaid billing statements.
Healthcare providers can gain tremendously from automating prior authorization screening and verification. But not all vendors are created equal. Use this checklist to evaluate your strategy.
To support financial counselors, you should invest in automated estimation so their valuable time isn’t spent calculating costs, but instead on engaging patients with payment plans and financial assistance programs.
To accelerate cash flow, business offices must do more with less, making sure employees are supported by tools and technologies that make their jobs easier.
By being transparent about prices, cost estimates and payment options, you can proactively collect more pre-service and give your organization an edge over your competitors.