Revenue Cycle Management (RCM) Blog

May 21

Proven Methods to Get Payers to Pay You

By SYNERGEN Health Blog Posts, Claims Submissions

As the rate of claim denials continue to rise—10.15% in 2020 to 11.2% in 2022, and then to 11.99% in 2023—getting payers to actually pay you is becoming more and...

May 03

5 Strategies to Reduce Cost-to-Collect and Increase Cash Flow

By Teri Gatchel-Schmidt Blog Posts, Reporting & Benchmarking

As healthcare organizations face increasing financial pressures, managing cost-to-collect is critical for maintaining operational efficacy and ensuring quality patient care. The "cost-to-collect" in healthcare refers to the expenses associated with...

Apr 09

Claim Wars: Bridging the Technology Gap Between Payers and Providers

By Robert Marinich Blog Posts, Claims Submissions

As payers pour resources into new technologies and expert staff to combat fraud, maintain compliance, and enhance the efficiency of claim handling, providers encounter numerous obstacles that put them at...

Apr 05

How SOC Compliance Shields Healthcare Data from Cyberattacks

By SYNERGEN Health Blog Posts, Industry Perspective

The threat of cyberattacks looms large, especially considering the recent Change Healthcare attacks. These attacks pose significant threats to patient data, operational continuity, and trust in healthcare providers, and considering...

Mar 25

Optimizing Financial Health: Key Considerations for Choosing an RCM Partner

By SYNERGEN Health Blog Posts, General

Ensuring the financial health and operational efficiency of healthcare systems is paramount. Revenue Cycle Management (RCM) stands at the heart of this challenge, serving as the linchpin that secures healthcare...

Mar 19

Unlocking New Revenue Opportunities: Innovative Uses of RCM Technology in Healthcare

By SYNERGEN Health Blog Posts, General

The healthcare sector continues to experience a significant transformation with the adoption of automation, heralding a new era in patient care and operational efficiency. In Revenue Cycle Management (RCM), automation...

Mar 18

Exploring the Exhibit Hall: Where Innovation Meets Opportunity

By Robert Marinich Blog Posts, General

In the bustling heart of any industry conference lies a treasure trove often overlooked by many attendees—the exhibit hall. It's not just a collection of booths and flashy displays; it's...

Mar 13

Managing RCM Staff Shortages in 2024

By SYNERGEN Health Blog Posts, Industry Perspective

Amid a global challenge of staff shortages in healthcare, the impact on revenue cycle management (RCM) is not often discussed, but significant nonetheless. With 63% of providers grappling with RCM...

Feb 06

Top 5 RCM challenges for ASCs in 2024

By Robert Marinich Blog Posts, Industry Perspective

As we progress into 2024, there's a notable surge in outpatient procedures now conducted in ambulatory surgical centers (ASCs), primarily due to expanded approval for various procedures traditionally reserved for...

Jan 23

Navigating the Future of Healthcare:
5 Key RCM Trends in 2024

By Robert Marinich Blog Posts, Industry Perspective

2024 marks a pivotal year where technological advancements and operational challenges intersect to shape the future of revenue cycle management. The industry is at a critical juncture where embracing innovation...

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