Friday, January 30, 2015

Impact of Medicaid Eligibility on Hospital Revenue Cycle Management

Needless to say, if you aspire to see progress in your bottom line, now is a good time for you to reassess your current RCM solution and make the necessary changes, not to mention that now is also the ideal time for you to get help on determining eligibility for Medicaid, Medicare, or Social Security benefits of patients. Then again, if you don’t have enough manpower and know-how when it comes to eligibility programs and disability claims, you can work with professionals like those from DECO who provide revenue cycle management improvement services. By delegating certain aspects of your RCM to experienced professionals, you’ll be able to focus more on managing your facility and caring for patients. An advocate team will make sure that patients are well-informed of their eligibility and insurance options, allowing for a positive experience in your clinic or hospital—a boon for your reputation and future income.
http://decorm.com/impact-medicaid-eligibility-hospital-revenue-cycle-management/

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.
http://decorm.com/revenue-cycle-management-services-time-upgrade-process/

Social Security Disability Insurance for Children

The Social Security Disability Insurance (SSI or SSD) is a program that provides assistance to people with disability. This program is managed by the Social Security Administration for the purpose of providing financial benefits to the disabled. Both disabled children and the children of disabled and retired workers can collect these benefits.