Key Revenue Cycle Trends to Watch in 2025
As healthcare continues to evolve, so do the trends shaping revenue cycle management (RCM). Here are the top trends to follow in 2025 to ensure financial success in the healthcare sector. AI for Faster, Smarter Billing AI will automate tasks like coding, claims processing, and payment handling, making them faster and more accurate. Benefits: Reduces […]
Start the New Year Strong: Essential Year-End RCM Tasks for Your Dental Practice
As the year wraps up, dental practices need to prioritize year-end revenue cycle management (RCM) activities to ensure financial success and smooth operations into the next year. Efficient RCM practices help maximize profitability and set the foundation for growth. Here’s a streamlined checklist of crucial tasks every dental office should tackle before the year ends. […]
Your Ultimate Guide to Clinical Standard Operating Procedures
The Impact of Clinical SOPs on Dental Revenue Cycle Management In dental practice management, clinical Standard Operating Procedures (SOPs) are essential for maintaining high-quality care and streamlining financial operations. SOPs standardize clinical tasks, ensuring consistent care and reducing errors that could negatively impact revenue cycle management. This blog highlights how effective clinical SOPs and thorough […]
Payment Posting: The Key to Your Practice’s Financial Success
Get Started with Dental Insurance Payment Posting Payment posting is a cornerstone of the dental billing process, playing a critical role in ensuring the financial health of your practice. It involves accurately recording and reconciling payments received from insurance companies and patients, making it an essential step in managing your revenue cycle. What Is Dental […]
Medical Coding vs. Medical Billing: Understanding the Difference
The Synergy Between Medical Coding and Medical Billing Medical coding and medical billing are vital components of the healthcare revenue cycle, working hand-in-hand to ensure healthcare providers are properly reimbursed for their services. While closely related, these processes serve distinct functions, and understanding their differences is essential for optimizing your practice’s financial success. What Is […]
Upcoding: A Risk Your Practice Can’t Afford
What is Upcoding? Upcoding is the act of billing for a more expensive service or procedure than was actually performed. This fraudulent practice unfairly increases costs for insurers and patients and carries serious ethical, legal, and financial risks for healthcare providers. The Problem with Upcoding Upcoding occurs when providers: Bill routine services as complex procedures. […]