Posts Categorized: Revenue Cycle Management

Revenue Cycle Key Performance Indicators to Consider

Practice managers today are focused on improving the efficiency of their revenue cycle. One way managers can track and improve the productivity and efficiency of their revenue cycle is to benchmark performance using Key Performance Indicators, or KPIs. KPIs help managers identify and address problems with productivity, reimbursement, claims submission, and other processes. How to…


These 2 Coders Tripled Their Productivity in Less Than 5 Months

Recently, 2 coders in an orthopaedic practice in North Carolina were able to more than triple their productivity in less than 5 months. Chrissy & Lynn, 2 coders at Carolina Orthopaedic & Sports Medicine Center, were able to increase their productivity in the midst of operational changes. With the help of White Plume products and…


Finding Hidden Automation Opportunities in Your Revenue Cycle

There is a massive ROI when it comes to automating revenue cycle processes. It saves time and removes the element of human error. The benefits far outweigh the costs, yet we see many practices who continue to manually perform most of their revenue cycle functions. The difficulty many practices face is simply finding what areas…


Top Reasons For Denied Claims

Every practice deals with the headache of denied claims. Insurance companies are strict, and their rules are constantly changing. It takes a lot of time and attention to detail to keep a low denial rate. Reducing your denial rate is a critical way practices can improve their revenue cycle outcomes. A low denial rate and…


Most Healthcare Organizations Will Hire New Coders This Year

Are you looking to either add or replace a coder this year? You’re not alone. Most practices expect to hire a new coder within the next 6 months to a year. As revenue cycle workloads increase, managers seek to meet the ever growing demands by adding coders to their team. This will prove to be…


3 Signs You Need to Upgrade Your Revenue Cycle Software

Technology allows us to manage our business more efficiently than ever before. We have so much information at our fingertips, and we have the power to automate tasks that used to be manual. Managing your revenue cycle should be easier than ever before, but that’s not always the case. With so many different software vendors…


How Revenue Cycle Analytics Helps Managers Make Better Decisions

The number one reason managers need revenue cycle analytics is insight – insight into processes, employee performance, and the overall functioning of your revenue cycle. In order for managers to manage their practice well, they need to have full insight into their revenue cycle. Coder Performance Most managers probably assume they know who their best…


The Real Automation ROI For Physician Practices

Physician practices want to provide quality care to patients. That is the focus of everything that you do. Non-clinical, back office operations are actually imperative to reaching that goal. Patients cannot receive care if the practice doesn’t get paid. If you are stuck with manual processes, you’re wasting time and money that your practice could…


This Claim Denial Statistic Will Blow You Away

Here’s a jaw-dropping statistic about denied claims: Over 50% of denied claims are never resubmitted. Surprised by this number? If it seems far-fetched, you may want to take a closer look at your denial numbers. The fact is that denied claims are easy to forget about. As the revenue cycle workload increases, there’s plenty of work…


The Anatomy of the Healthcare Revenue Cycle [Infographic]

The healthcare revenue cycle is made up of several important steps that all work together to increase cash flow within a medical practice. There are a couple of statistics that demonstrate several key points within the revenue cycle. According to an article by the AAFP, over 50% of denied claims never get reworked. That is a huge…