Tag: revenue cycle management

NEW YORK – Sunknowledge, a provider of outsourced billing and revenue cycle management services, has a partnership with an Illinois cardiovascular practice that has more than 34 specialties, 207 medical providers and 24 locations. “In today's challenging health care landscape, outsourcing has emerged as the solution to the labor shortage crisis in medical billing,” said Ronnie Hastings, a senior director at Sunknowledge. “Outsourcing offers a lifeline by providing...

DALLAS – Technology can be daunting, especially when it comes to leveraging its myriad functions, applications and operations, which is why Medtrade made it a focus of the educational program this year.  “Providers need to approach technology with an understanding of what they are trying to solve,” said Bruce Gehring, senior vice president of business development for Overland Park, Kan.-based Allegiance Group. “They need to know what their current performance is and...

NASHVILLE, Tenn. – National Seating & Mobility’s decision to outsource revenue cycle management (RCM) administrative tasks allows the company to focus more on its core competency of providing mobility solutions and caring for people, says CEO Bill Mixon.   “Our core competency is not revenue cycle management,” he said. “What makes NSM fantastic is the intersection of our clinicians and ATPs, as well as our techs and CSRs, with our clients. That’s our...

SOMERSET, N.J. – CareCloud has announced a partnership to optimize KabaFusion’s financial performance through revenue cycle management. CareCloud will help the home infusion provider streamline processes, reduce denials and increase revenue, according to a press release. "This collaboration with CareCloud marks another milestone in our ongoing mission to revolutionize patient outcomes through technology and innovation," said Dr. Sohail Masood, CEO of KabaFusion. "We are excited about...

NASHVILLE, Tenn. – National Seating & Mobility has chosen AGS Health, a revenue cycle management solutions provider, as a strategic partner to perform administrative functions related to funding, billing and collections.  NSM expects the partnership to maximize its revenue cycle performance through continuous process- and tech-enabled productivity improvements, while improving quality and cycle times for clients.  “While this is clearly the right decision to further strengthen...

CHARLOTTE, N.C. – Prochant has secured a key partnership with VGM & Associates to be the member services organization’s official partner for focused billing solutions. “As experts in revenue cycle management for the HME industry, we feel a responsibility to be present and accessible to HME providers,” said Mathew Mammen, CEO of Prochant. “This partnership with VGM will provide exactly that. Our goal is to show VGM members fast, secure and efficient ways to automate their...

NASHVILLE, Tenn. – PlayMaker Health and HealthRev Partners have combined their technology and services to deliver solutions that drive and maximize revenue growth, they say. HealthRev’s proprietary software and consultative approach to revenue cycle management maximizes reimbursement, drives faster turnaround and ensures accuracy for health companies, the companies say. “We know that revenue cycle management is a key factor to any post-acute organization,”...

OVERLAND PARK, Kan. - eSolutions, a provider of revenue cycle management analytics and cloud-based workflow solutions, has named Gerry McCarthy CEO. McCarthy has more than 20 years of healthcare experience, most recently as president of TransUnion Healthcare, where he oversaw the rapid growth and strategic direction of the company. He replaces Gene Creach, who is retiring after 18 years at the company. Creach helped eSolutions grow to process more than 50 million claims a year for more than 30,000...

The revenue cycle is a complex process with many moving parts. Those “parts” are better known as people and processes, and they need to work harmoniously in order for your company to achieve bottom-line results. Here are three pitfalls to avoid as you manage your revenue cycle:Clicking the 'print' buttonThe average cost of every piece of printed paper is 2.47 cents (includes paper, toner, and the printer drum). Now, take any physical file on your desk and calculate the cost of that file....

CHARLOTTE, N.C. - The Prometheus Group, a provider of HME revenue cycle management services, is rebranding to Prochant. Along with a new name, the company has a new logo, graphics, website and messaging. “Our combination of solid processes and a team of highly skilled specialists is a winning formula that helps us make our customers more profitable,” said Joey Graham, general manager and vice president of operations for Prochant. “The new branding more accurately explains how...