Apply These 5 Secret Techniques to Improve Revenue Cycle Management

P3 Healthcare Solutions18 Apr, 2023Health

Practices receive payments for rendered services after weeks, and sometimes it takes months for them to get paid. It doesn?t have to be patients or doctors all the time; when it is time for payment, there is a third stakeholder ? the payer ? that comes into play.The US healthcare system is made up of complexities. It is a system in which Medicare and Medicaid programs cover people with disabilities and above the age of 65. Thus, clinicians ought to make their financial cycles a priority. When it is the first thing on your to-do lists, medical claims approve at a much faster rate without having to worry about denials.