Blog

United States RCM Market Report 2022: COVID-19 Accelerated the Shift to RCM Outsourcing

In the recent past, the years 2019 through 2021 have been the most challenging for the entire world. Countries are still grappling with health and economic challenges that have emerged as a result of COVID-19. The pandemic forced (almost) every business to rethink their strategies, budgets and operations. One of the actions many companies took […]

Inhouse Vs. Outsourced Healthcare Revenue Cycle Management (RCM): Opportunities and Challenges

As a business owner, you may have considered expanding your business at some point or another. It would also mean that you may have considered hiring additional resources, renting or buying additional infrastructure and taking on other expenses associated with expansion. Chances are, you may have had to drop the plan because of a capital […]

Outsourcing Medical Billing and Collections: How to Successfully Transition from In-House Billing Operations

Consider this situation: Brandon has recently transitioned to a remote work structure. He plans to hire a virtual community manager. To do this efficiently, he preps a series of questions to assess job applicants—years of experience, comfort of working in a remote setup, experience with team management, salary expectations and so on. Brandon shortlists a […]

RCM Analytics: Effective Ways to Streamline Decision Making and Boost Performance

Every month you buy groceries, toiletries, cleaning supplies and pay bills for which you allocate a monthly budget. However, you sometimes tend to exceed this budget—blame it on inflation, or supply scarcity. Your friend tells you about an application which could help you plan and track the amount you spend. It can also give you […]

How to Increase Medical Billing Collections for Your Practice

It can be overwhelming when accounts receivable (A/R) related issues fall squarely on your shoulders. Consider these scenarios to understand whether or not your practice has a weak medical billing collections process. Scenario 1: Eddie visits your clinic regularly for teeth whitening services. However, apart from the consultation, he never pays in full for the […]

Why Should We Welcome the Concept of Healthcare Outsourcing

Let’s begin with a simple thought—you want to get on a healthy diet. The first step would be to consult a dietician, who would create a diet plan for you. The second step would be to follow it. But why pay a dietician when you can manage your own weight? After all there are a […]