Ebook

BEST PRACTICES in Healthcare RCM by Stage

BEST PRACTICES in Healthcare RCM by Stage

Pages 9 Pages

This guide from Plutus Health Inc. outlines best practices for optimizing each stage of healthcare Revenue Cycle Management (RCM). Key practices include establishing sound contracts with insurance providers, automating insurance eligibility and prior authorization, enhancing communication about costs with patients, and collecting payment upfront. The guide emphasizes using technology to streamline processes, such as employing Robotic Process Automation (RPA) for billing and coding, and ensuring accurate charge capture and patient data management. These measures aim to improve workflow efficiency, enhance financial outcomes, and maintain compliance with healthcare regulations.4

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