Medical billing errors negatively impact healthcare practices in many ways. Some errors reflect actual illegal behavior with severe consequences. Others simply create major operations delays that damage your revenue stream and workflow. Whatever the case, RevWerx is here to help. We can help you spot errors in your billing system through an internal audit. After…
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…
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…
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…
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…
An upcoming internal financial audit can make even the most experienced provider a little bit nervous. You want to be properly prepared for it, of course, and although an outside perspective can quell those fears, it can be nerve-wracking to have someone new come to take stock of your processes. The reality, however, is that…
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…
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…
Every behavioral healthcare facility makes crucial decisions regarding how to best care for its clients each day. These choices can drastically impact how a practice operates, how patients feel about their choice of provider, and how smoothly revenue flows within a company. One of the most significant decisions made is whether or not to outsource…
Many difficulties exist between insurance companies and healthcare providers. Beyond a doubt, this relationship should be seamless, ensuring the patient receives the care he or she needs. Yet, that is rarely what occurs. Instead, insurance claims management becomes difficult and complicated. To improve claims management, decide to work with a company specializing in it. Our…