AR Logix Healthcare Revenue Cycle Blog

4 Common Medical Accounts Receivable Problems & How To Fix Them

Posted by Ali Bechtel on Feb 23, 2017 6:00:00 AM

Are there consistent errors within your medical accounts receivable management processes that are restricting your organization’s cash flow? There are a few common problems that plague healthcare providers that can be avoided in a few simple steps.

Are you neglecting your largest source of revenue?

Posted by Ali Bechtel on Aug 25, 2016 6:00:00 AM

 

In recent years, with the implementation of the Affordable Care Act and the swift rise in patient responsibility, much of the focus for many medical reimbursement teams has been on self-pay patients, or those with high deductible health plans, and managing the growth in bad debt as a result.

The Ultimate Checklist for Avoiding Most Insurance Claim Denials

Posted by Ali Bechtel on Mar 24, 2016 6:00:00 AM

 

Have you ever heard the expression, "If you have to ask you probably can't afford it?" That's a bit how the healthcare community feels about insurance claim denial rates. There is a significant lack of information about the industry average for denied claims. Insurers are hesitant to release data about how often claims or denied, or for what reasons, often stating the information is restricted.

Medicare Advantage Plans Causing Reimbursement Headaches? How to Ease the Pain.

Posted by admin on Nov 19, 2015 2:00:00 AM

With the expansion of Medicare has also come a rise in Medicare Advantage plan enrollment by American seniors. Older patients are attracted to these "replacement plans" due to savings on premiums and the convenience of one-stop shopping for coverage. However, misinformation and a lack of education on the details of these plans is causing headaches for enrollees and healthcare organization reimbursement departments alike.

5 Healthcare Industry Trends Contributing to the Rise in BPO

Posted by Ali Bechtel on Nov 5, 2015 2:00:40 AM

Growing challenges, restrictions and mandates across the healthcare spectrum are driving more and more hospital and physician practice managers to consider healthcare business process outsourcing.

Three Common Causes of Claim Denials and How to Avoid Them

Posted by admin on Jan 7, 2013 9:39:30 AM

Claim denials can lead to significant cash flow loss for any medical organization, offsetting gains in your healthcare revenue cycle. Luckily, healthcare organizations can avoid the majority of denials by performing careful claims processing and error prevention tactics. Organizations that effectively implement these practices join the ranks of the most successfully-performing medical groups, which average a claims denial rate of just four percent, according to the Medical Group Management Association’s (MGMA) 2011 "Performance and Practices of Successful Medical Groups" report.

3 Common Medical Accounts Receivable Problems and How to Fix Them

Posted by admin on Jun 13, 2012 5:24:41 AM

Has poor medical accounts receivable management resulted in a reduction of cash flow for your medical practice? For hospitals and providers, it is not uncommon for accounts receivables to be put on the back burner. However, getting paid for services rendered is crucial in maintaining a successful practice and fulfilling your mission. Here are some common accounts receivable problems that can decrease your revenue and tips on how to fix them:

Ready to start improving your healthcare organziation's revenue cycle - 100% free? 

AR Logix Blog Update Email Header_Cobranded (2)

 
Join thousands of other healthcare professionals in receiving our latest articles, training resources & special early-bird educational event invies delivered right to your inbox. Get ready to become the revenue cycle rock star we know you can be, one email at a time!

Subscribe to RMP Insights

Posts by Topic

see all

Follow Me