We talk about the Revenue Cycle, but what is it? It could, simply, be defined as the administrative and clinical functions that factor into the capture, management, and collection of patient service revenue. There you have it! Speaking normal English, it’s a fancy way of saying that this is a full view of the life of a patient account from its creation to when payment is made. Understanding what the best practices in the management of your revenue cycle are critical to having the most functional income for the services that you render to your patients in their care. We’ll go over a few of the most common bleeding points in the average management process:
If you’d like to simplify your revenue cycle, Gables Medical Billing’s team of medical billing specialists is ready to help you through the process from claims submissions, to follow-ups, appeals, and payment posting.
Gables Medical Billing has adapted to the ever-changing medical billing environment, modifying and adding to its services to proactively meet the needs of its clients.