Practices receive payments for rendered services after weeks, and sometimes it takes months for them to get paid. It doesn’t have to be patients or doctors all the time; when it is time for payment, there is a third stakeholder – the payer – that comes into play.The US healthcare system is made up of complexities. It is a system in which Medicare and Medicaid programs cover people with disabilities and above the age of 65. Thus, clinicians ought to make their financial cycles a priority. When it is the first thing on your to-do lists, medical claims approve at a much faster rate without having to worry about denials.
Learn More
https://www.p3care.com/blog/5-secret-techniques-of-revenue-cycle-management/...
Practices receive payments for rendered services after weeks, and sometimes it takes months for them to get paid. It doesn’t have to be patients or doctors all the time; when it is time for payment, there is a third stakeholder – the payer – that comes into play.The US healthcare system is made up of complexities. It is a system in which Medicare and Medicaid programs cover people with disabilities and above the age of 65. Thus, clinicians ought to make their financial cycles a priority. When it is the first thing on your to-do lists, medical claims approve at a much faster rate without having to worry about denials.
Learn More
https://www.p3care.com/blog/5-secret-techniques-of-revenue-cycle-management/
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