Last week the Workgroup for Electronic Data Interchange (WEDI), sent a letter to HHS Secretary Kathlee Sebelius. The letter included a recommended ICD-10 roadmap which outlined various steps the agency should take for a smooth transition to ICD-10.
Black Book, a leading market research firm in healthcare, recently released its annual report on the 2014 State of the Revenue Cycle Management industry. What is clear from the survey is that practice managers and physicians both recognize that effective revenue cycle processes are the lifeblood of their practice. Streamlined patient registration, insurance and benefit verification, charge capture, and claims processing are essential to maintaining practice viability.
The consulting firm, McKinsey & Company recently published an Intelligence Brief on the configuration of provider networks offered by the plans on the Healthcare Exchanges.
Most people think about the revenue cycle from the back end perspective - submitting claims, follow up on denied claims, constructing appeals, effective AR management, sending statements, posting payments, and so on and so forth.