Member Posts > Meeting the Challenge of Revenue Cycle Management

Revenue Cycle Management Challenges

Outsourced Medical BillerIf a healthcare provider doesn't set up an efficient billing process, it runs the risk of losing quite a bit of money. With high-deductible insurance plans becoming more widespread, patients are shelling out additional money out of pocket. Or, if the patient is uninsured or underinsured, problems arise since there's not a surefire way of payment for the provider, short of arranging a payment plan, which may or may not be paid in full. Moreover, there is not a lot of price clarity, and if the bills patients receive are puzzling, they are much less disposed to pay in full.