Uploaded on Jun 13, 2023
Discover effective strategies to unlock revenue in rural health care billing. Optimize billing processes and financial sustainability.
Effective Strategies To Unlock Revenue In Rural Health Care Billing
EFFECTIVE STRATEGIES TO
UNLOCK REVENUE IN RURAL
HEALTH CARE BILLING
DID YOU KNOW? THE CLAIMS REJECTION R ATE FREQUENTLY REACHES DANGEROUS
LEVELS WHEN A RURAL HEALTH CARE CLI NIC, REGARDLESS OF SIZE, NEEDS TO
OPTIMIZE ITS REVENUE CYCLE MANAGEMENT. CLAIM DENIAL HAS BECOME SO COMMON
THAT RURAL MEDICAL ORGANIZATIONS HAVE EXHAUSTED THEIR RESOURCES WHILE
FAILING TO GENERATE THE PROMISED PROFIT.
EACH YEAR, AN AVERAGE RURAL HEALTH CARE CLINIC LOSES 11% OF ITS NET REVENUE
OWING TO UNDERPAYMENTS. CLAIM PROCESSING, PAYMENTS, BILLING, AND
REVENUE CYCLE MANAGEMENT ACCOUNT FOR 14% OF OVERALL RURAL HEALTH
CARE SPENDING OR $2.7 TRILLION IN MONETARY VALUE. THERE ARE TWO MAIN CAUSES
FOR A CLAIM NOT BEING PAID:
• THE INSURER PAYER DOES NOT RECEIVE THE CLAIM OR
h•ttpTs::/H//wEw wCw.2.L24A47m7IMmede iIdcSiac lbaINillbliSinlglUisneFgrFsveiIcCrevsIiEc.ceNosm.Tc/oImNCORRECT. i n f o @ [email protected]
Quick list of effective strategies to
unlock revenue in rural health care
billing for 2023:
• MEDICAL CODING: DO IT CORRECTLY TO REDUCE DENIALS
MEDICAL CODING ACCURACY IS CRITICAL TO EFFECTIVE HEALTHCARE REVENUE CYCLE
MANAGEMENT IN RURAL HEALTH CARE BILLING AND CODING. PROPER CODING IS VITAL NOT
JUST FOR COMPLIANCE BUT ALSO FOR REDUCING CLAIM REJECTIONS AND DENIALS AND
GUARANTEEING THE GREATEST POTENTIAL PAYMENTS FOR RURAL HEALTH CARE SERVICES.
• IMPROVE YOUR REVENUE CYCLE BY ORGANIZING A CLEAR COLLECTIONS PROCESS
A COLLECTION PROCESS IS REQUIRED FOR ALL RURAL HEALTH CARE PROVIDERS TO SECURE
THEIR PRACTICE’S FINANCIAL GROWTH. A STRAIGHTFORWARD AND EASY-TO-UNDERSTAND
STRATEGY CAN CONSIDERABLY INCREASE REVENUE CYCLES BY ENSURING PATIENTS ARE
ADEQUATELY AND COMPREHENSIVELY AWARE OF THEIR DUTIES AND ELIMINATING A LACK OF
COMMUNICATION.
https://www.247medicalbillingservices.com [email protected]
• CASH FLOW IMPROVEMENT THROUGH DENIAL MANAGEMENT
AS THE RURAL HEALTH CARE SECTOR EVOLVES, GOOD DENIAL MANAGEMENT IS
ONE OF THE MOST CRUCIAL FACTORS IN SUSTAINING A SUSTAINABLE CASH FLOW.
EVERY RURAL HEALTH CARE PROVIDER WANTS TO PRESERVE THE CLEAN CLAIM
RATIO AT 97% OR ABOVE, BUT SPECIFIC DENIALS ARE UNAVOIDABLE. THESE
DENIALS RAISE THE AVERAGE AMOUNT OF DAYS IN AR, PUTTING A STRAIN ON
CASH FLOW.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
Outsourcing – The Most Followed
Strategy!
SINCE YOU ARE A HEALTH CARE EXPERT, YOU MUST THOROUGHLY EXAMINE THE
EFFECTIVE STRATEGIES IN YOUR RURAL HEALTH CARE BILLING TO UNLOCK
REVENUE FOR 2023. ALTHOUGH EACH RURAL HEALTH CARE ORGANIZATION IS
UNIQUE AND USES ITS OWN METHODS, TOOLS, AND OPERATIONS, YOU CAN ALSO
USE THE EXPERTISE OF A PROFESSIONAL RURAL MEDICAL BILLING SERVICE
PROVIDER WHO HAS THE KNOWLEDGE AND RESOURCES TO PROVIDE YOU WITH THE
ATTRIBUTES YOU NEED TO SUCCEED IN TODAY’S COMPETITIVE MARKET.
• HOW ABOUT 24/7 MEDICAL BILLING SERVICES?
THE COMPANY HAS WORKED WITH A NUMBER OF RURAL HEALTH CARE
ORGANIZATIONS TO HELP THEM PROCESS CLAIMS AND MAKE THE RURAL HEALTH
CARE BILLING AND CODING PROCESS AS SIMPLE AS POSSIBLE. AS A CUSTOMER, YOU
CAN COUNT ON US TO COMPLETE YOUR BILLING AND CODING PROCEDURES QUICKLY,
EFFICIENTLY, AND PRECISELY.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
About 24/7 Medical Billing Services
24/7 Medical Billing Services is the nation’s
leading medical billing service provider catering services to more than 43
specialties across the entire 50 states. You can rely on us for end-to-end
revenue cycle management. We guarantee up to 10-20% increase in the
revenue with cost reduction of your practice for up to 50%.
https://www.247medicalbillingservices.com [email protected]
CALL US TODAY :
Media Contact –
24/7 Medical Billing Services,
28405 Osborn Road,
Cleveland, OH, 44140
Tel: + 1 -888-502-0537
Email: [email protected]
Website: https://www.247medicalbillingservices.com/
https://www.247medicalbillingservices.com [email protected]
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