Wednesday, January 28, 2015

Revenue Cycle Management Services—Is It Time to Upgrade Your Process?

What is your revenue cycle management good for, if not to keep your business afloat and thriving? Considering that the rates paid by healthcare clients are subject to market forces and governmental regulations, which are ever-changing, it’s a must for hospitals and other medical facilities to make sure that one hundred percent of payments and reimbursements are collected in a timely manner, thereby ending the revenue cycle with zero balance on the account. If your recent financial statement reports show that your RCM solution is lacking in some aspects (as revealed by an increasing number of denied claims, decreasing bottom line, etc.), it may be time for you to call on an experienced provider of revenue cycle management services like DECO that can greatly assist in eligibility management.

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