The revenue cycle starts when your patient first schedules an appointment and ends when their balance is paid in full. It is a complex system that is built of many different influencing factors, each of which can be broken down and improved.
Understanding, developing, and protecting your revenue cycle is a critical component to running a successful practice.
The amount of effort that goes into managing medical billing in-house exhausts the resources of many healthcare providers.
As a healthcare provider, monitoring your business' performance while maintaining exceptional patient care is vital to your success.
Medical billing is a complicated process, and getting through the process smoothly requires awareness from a well-trained staff. An effective practice management system is key to facilitating clean and accurate claims.
Medical claims scrubbing is an important step in the revenue cycle management process. Claim rejections are often the result of human error, and can easily be avoided.
Are you struggling to collect payments, or looking for another way to streamline your front office registration? Revamp your workflow by activating Integrated Payment Processing today!
The #1 reason for a rejected claim is eligibility. Verifying the patient ahead of time improves the rate of payment from both the provider and the patient. With CollaborateMD’s Real-Time and Batch Patient Eligibility you can verify within seconds.
CollaborateMD (CMD), a leading provider of innovative and intelligent cloud-based revenue cycle management solutions, was named for the fifth time by Inc. magazine to the annual Inc. 5000 – a list of the Fastest-Growing Private Companies in the U.S.
CollaborateMD (CMD), a leading provider of innovative and intelligent cloud-based revenue cycle management solutions, continues to impress customers with more time saving software improvements. CollaborateMD is proud to display the newest.
At CollaborateMD we are obsessed with getting your medical claims paid fast. All of us at CollaborateMD are here and ready to help make your life easier.
Give us a call at 877.480.6517 for more information.