To keep your hospital’s
revenue cycle up to date, it is necessary to integrate some services that most
patients inquire about or need. One of these is the Social Security Disability Insurance (SSDI).
The procedure of filing for SSDI can be overwhelming, especially for someone
trying for the first time. This is the reason most hospitals hire professionals
who are able to offer revenue cycle management improvement services.
Tuesday, June 23, 2015
Presumptive Eligibility for Medicaid Patients
What if someone in your family needs immediate
medical care and your healthcare insurance application is still pending? There’s
still a way that your loved one can benefit from quality Medicaid or CHIP
services even though his or her application for healthcare insurance hasn’t yet
been fully processed. This is possible through presumptive eligibility, a
policy option that was implemented beginning of last year.
How to Improve Hospital Revenue Cycle Management
To maintain a steady income for your
health facility, you need to counter the effects that come with cash flow declines
as well as changes in margins and the accumulation of bad debts. This may seem
challenging, but with a good revenue cycle management plan, you will be able to
achieve your goals. Here are a few solutions you can use to improve the revenue
cycle management of your hospital:
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