by Nicholas Sachs | Oct 31, 2024 | Revenue Cycle Optimization
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...
by Nicholas Sachs | Sep 25, 2024 | Revenue Cycle Optimization
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...
by Nicholas Sachs | Jun 27, 2024 | 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...
by Nicholas Sachs | Apr 25, 2024 | Patient Experience, Revenue Cycle Optimization
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...
by Nicholas Sachs | Mar 20, 2024 | Revenue Cycle Optimization
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...
by Nicholas Sachs | Feb 21, 2024 | Revenue Cycle Optimization
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...
