15 Steps in Healthcare Revenue Cycle Management
Healthcare Revenue Cycle Management might sound like just three simple words, but they actually form the core of financial management in healthcare. For many independent healthcare providers, these words can be a source of frustration because RCM is anything but simple. With the importance of every dollar in this industry, it’s crucial for providers to […]
CPT Code 99204: Billing Guide
CPT code 99204 is a Current Procedural Terminology (CPT) code used to report a new patient’s office or outpatient visit that involves evaluation and management. The American Medical Association (AMA) maintains this code. The code is used when a comprehensive assessment is necessary to address a patient’s health concerns. The visit typically lasts 45–59 minutes […]
Why Healthcare Staff Training is A Must in 2024
As a healthcare provider, you know that your medical staff is the backbone of your practice’s success. Even if you have the most advanced software and tools, without a trained staff, you will be unable to provide high-quality care to patients. According to research, your practice’s health is directly proportional to the training of your […]
What is Top of Mind for Revenue Cycle Billing Leaders in the Upcoming Years?
As an administrator of the healthcare practice, you’ve faced a lot of obstacles in growing the medical business. But being a successful business leader doesn’t mean that you are now in the safe zone. There will always be additional challenges ahead. Once you secure a top position in the healthcare market with a considerable loyal […]
What Are The Fundamental RCM Metrics Your Practice Should Know?
Are you having difficulty in keeping revenue cycle integrity? Various independent practices are under extreme tension to function at the highest efficiency as the healthcare industry is swiftly developing. It is quite crucial to evaluate your healthcare RCM performance according to industry standards. Though, it is vital to identify the market trends to improve the […]