Urgent Care Revenue Cycle 101

An urgent care physician analyzing billing data

The urgent care industry has grown significantly over the past decade, providing an essential alternative to emergency rooms for non-life-threatening conditions. With a market value of $56.7 billion in 2022, it is projected to grow at a rate of 10.99% from 2023 to 2030.1 However, with this growth comes the challenge of managing a complex…

Read More

Measuring RCM Success: 3 Proven Strategies for Evaluating the Effectiveness of Your Current Revenue Cycle Processes

A doctor's stethoscope rests on a clipboard, symbolizing medical practice and patient care.

In today’s competitive healthcare environment, understanding the effectiveness of your practice’s revenue cycle process is crucial for maintaining financial health and operational efficiency.  Whether managing small practices or large healthcare systems, a well-optimized revenue cycle can significantly impact your organization’s bottom line, ensuring you collect more revenue faster and sustain growth.1 Yet many practices face…

Read More

Mitigating the Revenue Cycle Impacts of the Change Healthcare Cyberattack

An abstract image featuring computer code and technical jargon

The explosion of healthcare technology utilization over recent years has inevitably led to the rise of rampant cyberattacks. From 2018 to 2022, the number of healthcare data breaches skyrocketed by 93%.1 However, the worst was yet to come. In early 2024, the industry suffered a data breach on an unprecedented scale, generating a disastrous chain…

Read More

Common Obstacles in Orthopedic Billing That Undermine Revenue Generation

A medical billing administrator

Orthopedic practice revenue relies on accurate and timely revenue cycle management (RCM). However, correctly coding and billing for orthopedic services rendered can be complex, even for the most experienced billing teams. From deciphering complex coding rules to keeping pace with new regulatory and billing requirements, orthopedic billing teams face countless barriers to revenue at each…

Read More

Navigating the Complexities of Behavioral Health Billing: Best Practices for Revenue Capture and Reimbursement

A billing administrator at a behavioral health clinic

The line between medical billing and behavioral health billing is often blurry, with billable charges for each episode of care varying widely based on the services rendered, service provider, payer, and treatment plan. Without a proactive approach to behavioral health practice revenue cycle management (RCM), practices take on significant revenue leakage that can quickly snowball…

Read More