RevCycle Blog
Denial Management Strategies for 2025: Trends & Best Practices
As healthcare continues to evolve, so do the complexities of managing the revenue cycle, with denial management being one of the most persistent challenges. Denial management is an essential component of healthcare revenue cycle management (RCM) because denials...
Streamlining Payer Requests for Information: A Provider’s Guide
Hospitals are facing a growing threat to their bottom lines, namely payer requests for information (RFI’s). A study by Kodiak Solutions shows that the denial rate from initial RFI’s has increased by nearly 9% since 2022. The increase is not due to a decrease in data...
Patient Access: The Cornerstone of Healthcare Success
Patient access, often overlooked as a mere administrative function, is the linchpin that connects patients to care. It encompasses the systems and processes that determine how easily patients can obtain healthcare services, from finding a provider to scheduling...
How to Infuse Enthusiasm in Organizational Change
Change is a constant force in today's business landscape. New technologies emerge at breakneck speed, customer expectations evolve, and market forces constantly shift. While some employees thrive on constant evolution, change can also be disruptive and demotivating...
Credit Reporting Changes Should Prompt Revenue Cycle Optimization
By this point you’re certainly aware of the changes around the credit reporting of medical debt, which to recap are: Medical debts that have been satisfied will no longer appear on credit reports The amount of time before medical debt can be reported to the credit...
The Power of Words: How to Build Trust & Empathy In Healthcare
In the realm of healthcare, customer service takes on a whole new meaning. It's not just about resolving billing issues or appointment scheduling; it's about navigating sensitive situations, fostering trust, and providing a sense of comfort during a potentially...
The Human Side of Healthcare Debt Collection
Summary Healthcare debt is a growing concern in the United States, placing a significant burden on both patients and providers. While Artificial Intelligence (AI) is making waves in the debt collection industry, this paper argues that a human-centric approach focused...
Keeping Rural Healthcare Afloat: Midwestern Financial Struggles
The idyllic landscapes and tight-knit communities of the Great Lakes region mask a growing concern – the financial struggles of rural healthcare. These facilities, often the sole source of medical care for miles around, face unique challenges in maintaining financial...
Beyond the Bottom Line: Dignity, Respect & Netback
Healthcare collections often carry a negative connotation, conjuring images of aggressive tactics and strained relationships. But what if it didn't have to be that way? At RevCycle, we believe that dignity, respect, and patient understanding are not just ethical...
2024: Your Year to Shine in Patient Experience
The year is 2024, and the patient experience has never been a more vital component of RCM. Patients are no longer passive recipients of care; they're informed consumers who demand a positive and seamless experience. To thrive in this new era, medical facilities must...