Chris Taft, Advantum CFO, Honored as one of Louisville Business First’s 2023 Best in Finance

May 9, 2023 | Blog

Back for its seventh year, Louisville Business First (LBF) just announced its 2023 Best in Finance Awards, presented by Truist, to recognize outstanding professionals working in a finance position at a Louisville-area company or nonprofit organization. Congratulations...

Electronic Data Interchange (EDI)

Jun 23, 2022 | Revenue Cycle Management Solutions, Solution Brochures

Advantum Health’s Electronic Data Interchange (EDI), which includes Electronic Remittance Advice (ERA) and Electronic Funds Transfer (EFT), ensures rapid, smooth, and secure payments to providers. Learn more by downloading the brochure here.

What Is Revenue Integrity and Why Is It Important for Providers?

Jun 23, 2022 | Blog

On June 11th, we posted on our social media about honoring something called “Revenue Integrity Week”. This might seem like just another thing to commemorate, like National Lemonade Day (May 2), or National Nail Polish Day (June 1). Of course, while we have nothing...

Private Medicare Claims Denials are Common – What Providers Can Do About It

May 11, 2022 | Blog, News, Revenue Cycle Management Solutions

The Problem and Scope A recent headline in USAToday caught our eye: “Watchdog: Private Medicare plans denied nearly 1 in 5 claims that should have been paid.”1 The “watchdog” in question, the Office of the Inspector General (OIG) of the US government’s Department of...

7 Best Practices For Revenue Cycle Management

Mar 13, 2020 | Revenue Cycle Management Solutions

In healthcare, revenue cycle management (RCM) is the process used to track and collect revenue from patients. RCM begins with scheduling a patient for a clinical encounter through the final payment for the healthcare services rendered. The Healthcare Financial...