by Advantum Health | Sep 3, 2019 | Revenue Cycle Management Solutions
Part 1 of 2: Automating No Response claims, payment posting, and charge entry Artificial Intelligence (AI) has fast become a leading disruptor in the healthcare market and has entered the vernacular of most executives. AI is an umbrella term for a machine’s...
by Advantum Health | Aug 10, 2019 | Revenue Cycle Management Solutions
Nationally, denial management costs hospitals roughly $262 billion per year, creating significant cash-flow issues with their revenue cycle management. On average, insurance companies initially deny about 9% of hospital claims, which means that hospital staff are...
by Advantum Health | Jun 10, 2019 | Revenue Cycle Management Solutions
The key drivers of the revenue cycle for most healthcare practices are the reimbursement of covered services from health insurance payers and co-pays, and insurance deductibles from patients. The more efficient the healthcare provider’s revenue cycle management (RCM)...
by Advantum Health | Mar 22, 2019 | Case Study, Revenue Cycle Management Solutions
Success Story Bluegrass Kidney Consultants Bluegrass Kidney Consultants in Louisville, KY share their Advantum Health success story here. Learn how the kidney specialist practice benefits from expert billing and revenue cycle management.
by Advantum Health | Oct 1, 2018 | Revenue Cycle Management Solutions
Managing denials can sap limited medical practice resources and cash flow. Establishing an effective denial prevention program is crucial to the long-term success of your practice. The good news is through preparation, training, and education, practices can...
by Advantum Health | Aug 30, 2018 | Revenue Cycle Management Solutions
Revenue Cycle Roadmap – Preparing for Value Based Care Stabilize and optimize your practice workflows and operations now in order to prepare for value based payments. Institute financial KPIs and align your revenue cycle goals with benchmark standards. Continue...
by Advantum Health | Aug 14, 2018 | Revenue Cycle Management Solutions
Prior authorization of healthcare procedures is critical to payer efforts to control costs and ensure patient safety and compliance. From the provider perspective, however, prior approval is often viewed as a necessary evil fraught with administrative burden. ...
by Advantum Health | Jul 24, 2018 | Webinars
Prior-Authorization Tips and Tricks Prior-Authorization is a common burden for many physicians, hospitals and even payors. While the process is often painful – it doesn’t have to be. Download this free webinar to learn best practices and tips and tricks to...
by Advantum Health | Jul 11, 2018 | Revenue Cycle Management Solutions
We all do it. Multiple times a year, we pack our bags and board airplanes headed for business meetings, work conferences, or, if we’re very lucky, far-flung tropical destinations where we swear we’ll completely unplug for 7 days and 6 nights. The Take-off The...
by Advantum Health | Jul 11, 2018 | Revenue Cycle Management Solutions
As with your patient’s health, prevention is key to avoiding the claim denials that have a serious negative effect on your bottom line. Payers typically don’t pay you any sooner than they have to, and if you give them an excuse to deny your claim, you can add two or...
