Don’t just fix a denial. Fix its cause.

Reducing Denials Medical Billing

As mentioned in a previous blog, denials are a huge problem for hospitals and physician practices. A 2017 analysis by Change Healthcare revealed for the typical health system as much as 3.3% of net patient revenue, or $4.9 million per … Continue reading

Submit claims correctly the first time with Quanum RCM

EHR for ACO

Maintaining consistent revenue is crucial to any healthcare organization, and ensuring clean claims go out the door is one way to decrease denials. A clean claim is one that was accurately processed and reimbursed the first time it was submitted … Continue reading

Know the top 10 causes of denials, and then prevent them

Medical Billing Denials

Denials continue to be problematic for both physician practices and hospitals. A 2017 analysis by Change Healthcare revealed that out of roughly $3 trillion in medical claims submitted by U.S. hospitals in the U.S. last year, almost 9% of charges … Continue reading

How healthy are your practice financials?

Days between patient visit and reimbursement

How healthy are your practice financials? It’s important to regularly evaluate the health of your medical practice by examining cash flow, or the money and resources moving through your practice. One way to do this is through revenue cycle management … Continue reading