In the competitive healthcare landscape, Maximizing AR Collections is paramount for financial stability and growth. Effective accounts receivable (AR) management is not just about chasing outstanding payments; it’s a strategic imperative that underpins the entire revenue cycle. This comprehensive guide, “Maximizing AR Collections: A Guide to RCM Best Practices,” delves into key strategies and technological […]
Hospitals and health systems are exploring ways to revenue cycle transformation processes to offset financial pressures. However, shifting to a new business model for revenue cycle management can be challenging. The hospital revenue cycle has become increasingly complex in recent years for several reasons, including the shift away from fee-for-service medicine, the adoption of advanced […]