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Revenue Cycle Management

5 Quick Tips to Improve Your Hospital Revenue Cycle Management

Even small improvements to your hospital's revenue cycle management (RCM) can deliver significant boosts to your bottom line. After all, once you make a positive change, and assuming it's sustained, you will reap the benefits indefinitely.

Here are...

Software Solutions for Each Element of Your Revenue Cycle Management

In a previous article, “What is Revenue Cycle Management?”, we walked you through the steps of an ambulatory surgery center's (ASC's) successful revenue cycle management (RCM) process. While it is helpful to understand all that a comprehensive RCM...

4 Things to Look for in a Revenue Cycle Management Consulting Firm

There are many reasons your ASC may struggle with its revenue cycle. Maybe changing payor policies and regulations are causing denials and slow reimbursements? Maybe your patients are not properly educated about their financial responsibility? Maybe...

What is Revenue Cycle Management?

Revenue cycle management (RCM) is a term that is so ubiquitous in healthcare that, at times, the full breadth of what it entails and its importance can be lost. So, I thought I’d use this post to discuss a seemingly simple question: “What is Revenue...

4 Revenue Cycle Solutions for Your Biggest Challenges

Any seasoned ASC administrator or business office manager knows that the cornerstone of a financially stable ASC is a strong revenue cycle. However, ASCs face greater financial pressure, with challenges such as increasing patient out-of-pocket...

Your Guide to Process Improvement in the OR

While operating rooms are critical for patient care, they are also important to a hospital’s profitability as the OR is known as a key revenue generator in any facility. Where is the potential to optimize the OR’s revenue? The answer lies in factors...

3 Reasons Why Technology is a Revenue Cycle’s Best Friend

Think about the last time you had to take your car to the mechanic. You might not have agreed with the amount of work they said needed to be done or felt that they were charging you for some extra, not-really-necessary services, but they probably...

Recruit, Train, Retain: The Keys to Quality Revenue Cycle Staffing

Revenue cycle management is only as good as the people working toward it. A highly trained, diverse team is necessary to fill the roles required to maintain a healthy cash flow for an ambulatory surgery center. This includes certified coders,...

Amkai Releases Latest Version of ASC Practice Management Solution

AmkaiOffice Version 3.19 delivers enhanced claims management functionality to help ASCs more effectively manage high volumes and optimize productivity

Enhancements to the AmkaiOffice Electronic Remittance Posting (ERP) module enables ASCs to better...

Quality v. Quantity: The Hidden Issue That Can Impact Your Revenue Cycle

If you’re an ambulatory surgery center (ASC) trying to navigate changes as healthcare transitions to a value-based system, you know that strong revenue cycle management is more important than ever. But any number of issues can affect a facility’s...

Three Simple Steps to Capturing More Revenue for Your ASC

Rapidly changing industry dynamics, regulatory changes brought on by the Affordable Care Act (ACA) and other legislation, the transition to ICD-10, and increased patient responsibility pose significant challenges to the Ambulatory Surgery Center...

How Proactive Thinking Improves Your Revenue Cycle Health

When it comes to personal health, people typically try to avoid getting sick. We get vaccines, we try to get regular exercise to control our weight and strengthen our hearts, and we wash our hands to avoid communicable disease. "Preventive care"...

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