Expert Tips & Trends in Healthcare Revenue Cycle Management
EMR & PMS Implementation: Common Pitfalls and How to Avoid Them
Implementing or upgrading your EMR (Electronic Medical Record) and PMS (Practice Management System) is a significant milestone for any healthcare organization. These systems are crucial for managing everything from patient records to scheduling and billing. However,...
The Importance of Staff Training Programs in Preventing Revenue Leakage
Revenue leakage occurs when a healthcare organization loses money due to inefficient processes, billing errors, or overlooked reimbursements. While many practices focus on billing and coding improvements to recover revenue, one of the most overlooked solutions is...
Enhancing Patient Data Security: Best Practices for Healthcare Providers
As healthcare organizations continue to embrace digital transformation, the need to protect patient data has never been more urgent. With the rise of cyberattacks, credential stuffing, and unauthorized access, securing electronic health records (EHRs) is essential for...
Congress Extends Medicare Telehealth Flexibilities for Six Months: What It Means for Providers
The Medicare telehealth flexibilities introduced during the COVID-19 pandemic have been extended for another six months, allowing virtual care providers and patients to continue benefiting from expanded access to telehealth services. However, while the extension is...
Outsourced Medical Billing: Pros, Cons, and Considerations
Managing medical billing in-house can be complex and time-consuming. Many healthcare providers outsource medical billing to improve efficiency, reduce costs, and ensure compliance with payer regulations. But is outsourcing the right choice for your practice? This...
A Structured Approach to Medical Coding Audits: MedCycle Solutions’ Process
Medical coding audits ensure compliance, accuracy, and revenue integrity. The HHS Office of Inspector General (OIG) recommends regular audits to prevent errors, reduce claim denials, and maintain proper reimbursement practices. At MedCycle Solutions, we take a...
Why Regular Coding Audits Are Essential for Compliance and Revenue Integrity
Medical coding is critical in the healthcare revenue cycle, impacting reimbursement accuracy and regulatory compliance. However, coding errors and documentation issues can lead to claim denials, financial losses, and compliance violations. To mitigate these risks,...
Revenue Cycle KPIs: What They Mean & How to Improve Them
A well-managed revenue cycle is essential for maintaining a financially stable healthcare practice. But how do you measure success? Key Performance Indicators (KPIs) provide valuable insights into the efficiency of your revenue cycle. Understanding these metrics—and...
How to Successfully Implement a New EMR System | MedCycle
Implementing a new Electronic Medical Records (EMR) system can be a daunting task for any healthcare practice. While the long-term benefits of an efficient EMR system are undeniable—improved patient care, streamlined workflows, and better data management—the...
A Step-by-Step Guide to Managing Your A/R for Maximum Cash Flow
Effective accounts receivable (A/R) management is critical for maintaining a steady cash flow in any healthcare practice. Delayed reimbursements, denied claims, and outstanding patient balances can create financial strain. A structured approach to A/R management...