Facts about Common SSI and SSD Programs

When a person becomes injured and unable to continue working in his chosen field, the government grants him special compensation benefits depending on the nature and gravity of his condition. Here are some of the government programs that you can check out, should you or one of your loved ones be incapacitated for work:

Coding Errors and Denials: How to Avoid Them

You may not be aware of it, but your hospital may already be losing money because their revenue cycle is not optimized. How you may ask, when you’ve made sure that everything about billing has been accurate so far? Have you thought about denial management? If your hospital has not fully evaluated its coding processes and optimized them, then you may not be getting the proper amount of reimbursement for the amount and level of care you are providing.

What is Good Revenue Cycle Management and its Impact on NC Hospitals?

Good revenue cycle management can be achieved in a lot of ways, but they all begin with hospitals properly reviewing their healthcare data. It’s important for them to identify denied claims from their database early on because these can significantly affect their revenue cycle. In fact, denials can cause a hospital to miss about 90 percent of its revenue opportunities because they lead to plenty of missed collections and a long time for accounts receivables to just sit there, waiting to be paid. Working with healthcare eligibility specialists like those from DECO Recovery Management can help NC hospitals optimize revenue by making absolutely sure that their patients are eligible for benefits in the first place, and in cases that they’re not, find the workaround for patients’ eligibility. Eligibility experts add value to what revenue cycle management companies do by mainly ensuring the recovery of revenue from accounts receivables.
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