The rise in deductibles, copays and out-of-pocket premiums that has turned patients in to shoppers — a trend known as consumerism — has put an equal burden on healthcare providers. Especially when it comes to billing, collections and the other financial tasks tied to an organization’s revenue cycle. According to a new report by revenue

Front-end financial processes–eligibility verification, registration, and patient payment etc.—set the stage for the rest of the healthcare revenue cycle. To remain competitive in today’s healthcare marketplace, physician practices must not only provide the best clinical care to their patients, but also optimize the way they manage the healthcare revenue cycle, making sure they preserve cash

There are a few ways that practice managers and providers can easily perform a profitability check-up against best practice benchmarks for revenue cycle management. Just like focusing on providing quality care to patients is critical to a health care practice, bottom line management can make the difference between successful claims handling and a battle of