Strategic Management of Deductibles, Allowables, Coinsurance, and Out-of-Pocket Maximums

Billing Process

Enhancing Financial Performance in Healthcare Facilities  For healthcare facility owners, navigating the complexities of financial operations is paramount to sustaining profitability while delivering quality care. A nuanced understanding of financial mechanisms such as deductibles, allowables, coinsurance, and out-of-pocket maximums is essential. Collaborating with specialized billing companies like RevWerx RCM can significantly enhance a facility’s revenue…

Working With Insurance Providers for Rehab and Mental Health Treatment

Addiction Treatment Consulting, Billing Process, Claims Management Services, Insurance Reimbursement, Mental Health Consulting, Substance Abuse

If you are a mental or behavioral health professional today and you’re having issues getting reimbursement for your claims or experiencing an increase in denied claims, you’re not alone. The country is in the midst of a mental health and substance use epidemic parallel to the Covid pandemic. Many people are having to jump through…

How to Improve the Financial Health of Your Company

Billing Process, Healthcare Consulting, Healthcare RCM, In-House Billing

If you run a healthcare practice, remaining financially viable should be a top priority. An economically sound practice will allow you to provide your patients with the best possible care and treatment and invest in future growth. A significant contribution to the financial health of practices today is implementing revenue cycle management (RCM). Revenue cycle…

Healthcare Revenue Cycle Management Solutions for You

Behavioral Health, Billing Process, Claims Management Services, Healthcare RCM

For many, it feels as if healthcare revenue cycle management becomes more complicated every year. With new medical codes, regulations, and guidelines released every year, it can be challenging to catch up and stay ahead of the curve. Healthcare facilities are established to care for patients and improve the lives of the individuals in their…

3 Benefits of Mental Health Consulting Services

Behavioral Health, Healthcare Consulting, Healthcare RCM, Mental Health Consulting

As the social stigma surrounding mental healthcare dissipates and people become more comfortable with caring for their mental and emotional well-being, the mental healthcare industry continues to grow. Mental health providers find themselves with more and more clients and less time to manage the other aspects of their business. This is why mental health consulting…

Benefits of Having a UR Nurse on Staff

Billing Process, Claims Management Services, Healthcare RCM, UR Nurse, Utilization Review

Balancing high-quality care for your patients while still operating your organization with proper efficiency and economic oversight can be a difficult task for many. In the racetrack that the healthcare industry has become, hospitals and other healthcare practices must stay nimble to ensure that quality care and financial stability remain hand-in-hand. Utilization management in healthcare…

How an Outside Perspective Can Benefit Your Billing Process

Behavioral Health, Healthcare Consulting, Healthcare RCM, In-House Billing

Healthcare facilities, regardless of their specialization, are a necessary component of a community. It’s vital that these facilities work at maximum efficiency, keeping track of innumerable moving parts to ensure that clients have access to necessary treatment and care. This is precisely why many organizations are counting on an outside perspective in the form of…