Tips to improve your RCM
                     Tips to improve your RCM 
(Revenue Cycle Management) 
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Introduction
• Revenue cycle management is most important 
process in the healthcare industry.
• Decline in reimbursement rates impact the 
financial well being of the hospital or practice.
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SYNERGIZE FRONT AND BACK-END 
OPERATIONS
• Healthcare revenue cycle management divided into front 
end and back end operations.
Front end operation includes following processes
• Registering new patients
• Collecting information
• Confirming eligibility
Back-end operation includes 
• Managing claims and denials
ww•wM.megdsiiocnaliln be.iclolming and collections.
Key Performance Indicator for Revenue 
Cycle Management
• Days in accounts receivable
• Claim denial rate
• Collection percentage (cash collection/total 
service revenue)
• Denial write-off percentage
By tracking the KPI, revenue gets improved.
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Supporting Technology to Optimize 
Workflow
• By implementing Supporting Technology to 
Optimize Workflow, Health Systems can 
streamline revenue cycle functions. Such as
▫ Clean claim rate
▫ Denials rate 
These are maximize the reimbursement.
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About MGSI
• MGSI is a leading revenue cycle management 
company in Florida US. We provide following 
services such as
• Cardiology medical billing
• Radiology medical billing
• Anesthesia medical billing 
• Denial management
• AR follow up etc.
www.mgsionline.com
www.mgsionline.com
www.mgsionline.com