RCM
- 20 September, 2024
- blog
Revenue Cycle Management: Boosting Operational Efficiency and Productivity
Efficient revenue cycle management is crucial for operational success. Health centers often face challenges in revenue management, handling a high volume of claims may lead to errors and rejections.
Read Continue- 15 August, 2024
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The ABCs of Back to School — for Patients and Practices
They are the three little words that students and teachers nationwide (and some medical practices) dread: Back to school!
Read Continue- 27 June, 2024
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Optimizing RCM for Growth Today and Tomorrow
NYC dermatology practice finds everything it needs with eCW Usually, when something seems too good to be true, it turns out not to be true. But for Gil Messer, chief operating officer of The Dermatology Specialists (TDS), the largest such specialty practice in New York City, what seemed too good to be true really was true — and then some. TDS first engaged eClinicalWorks for Revenue Cycle Management (RCM) services in 2007, when they launched their practice with a single office. Seventeen years and 40 additional sites later, Messer said the need for optimizing their RCM services was clear. “About April of last year,” Messer said, “we had hit a breaking point, where we realized it wasn't sustainable and the root cause was ¬— it was designed and built for that single provider office back in 2007.” With 41 offices and 15 different payer websites to navigate, Messer said that he and his colleagues were having to engage in manual intervention on many claims and were running into a large number of submission errors, leading to administrative headaches, delays in getting paid, and a rising number of days for accounts receivable (A/R).
Read Continue- 3 May, 2024
- blog
The Bots Are Here to Help
From front office to RCM, robotic process automation can help the bottom line Is there anything better than finding free money? The Wall Street Journal recently reported on a Pennsylvania-based sustainable-waste processing company, Reworld, that is reclaiming some of the estimated $68 million in coins that Americans toss in the trash every year. It turns out that those pennies, nickels and dimes add up. Reworld has recovered about $10 million in coins over seven years. Clear (and cleaner!) savings through RPA Healthcare practices have even more powerful and more lucrative ways to capture savings — ones that don’t require sorting, washing, and counting small metal discs. That path to better financial health involves applying artificial intelligence (AI) and Robotic Process Automation (RPA) to day-to-day operations. It is among the most financially sound steps any practice can take. Why the money and savings matter As every practice administrator knows, billing costs are enormous. A recent Health Affairs report found medical practices spend about $30 billion annually on billing. That is likely a low estimate, as it is based on data from 2009.
Read Continue- 26 October, 2022
- blog
The Answer for Today’s Multidimensional Healthcare
An EHR to tackle every facet of today’s complex medicine No doctor goes into the office in the morning thinking they’ll simply see a few patients and perhaps prescribe some medications. Healthcare today isn’t one-dimensional.
Read Continue- 21 July, 2022
- blog
Show Me the Bots! (And the Money)
If you were on a walk and spotted a couple of billion dollars by the side of the road, odds are you would do something about it. But each year, healthcare organizations — hospitals, clinics, and practices — collectively lose billions of dollars to administrative costs, losses that could be avoided with more efficient Revenue Cycle Management (RCM) practices.
Read Continue- 25 March, 2021
- blog
The Growing Importance of RCM
Healthcare today is a mix of payment models, third-party payers, complex regulations, and codes. A practice’s survival depends upon getting the finances right. As getting paid appropriately and accurately for rendering medical services has grown more complex, so too has the importance of having an effective Revenue Cycle Management solution.
Read Continue- 9 September, 2020
- blog
It’s Your Practice — Dream Big!
Once upon a time, you dreamed of medical school. You knew that would be hard to achieve. And it was. But you being you, there was always another dream — that of opening your own medical practice.
Read Continue- 13 October, 2013
- blog
Conference, Texas-style
Saturday was busy for all with many helpful sessions. Popular ones included those about RCM, V10, healow, Meaningful Use in 2014 and how to utilize technology to meet the needs of a changing healthcare system. Customers also had the opportunity to stop by the support and training rooms, where they picked up new tips and tricks for optimizing their workflow experience. eCWCentral was packed all day, with attendees enjoying the interactive stations, test-driving our featured products.
Read Continue- 12 October, 2013
- blog
Building Bridges to Better Care
We began the 2013 eClinicalWorks National Users Conference by asking our San Antonio users what they love about their city. Here is what one had to say:
Read Continue- 20 September, 2013
- blog
Letter to Our Customers
This is an exciting time to write to you as eClinicalWorks is extremely active with no signs of slowing down. We are on the verge of releasing eClinicalWorks V10, which we strongly believe is our most powerful, yet easy-to-use version to date. V10 will include approximately 500 enhancements, one of them being a new way to document visits. Continuously listening to our customers, a good portion of these advancements were suggested and voted on by you. This version’s simplicity is its strength.
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