Revenue Cycle Management for Hospitals and Healthcare Institutions
Efficient and uninterrupted revenue cycle management is vital for the comprehensive success of a healthcare provider in the long run.
Efficient and uninterrupted revenue cycle management is vital for the comprehensive success of a healthcare provider in the long run.
The term DRG is used extensively in the medical healthcare system, especially in medical billing and coding. Now one might question what is DRG in healthcare? DRG is an abbreviation for Diagnosis Related Group.
In this article, I would like to reveal few important factors that will help you to stop your hospital or clinic from being bankrupted by your billing and collection process. This will enable you to get out of this vicious cycle and put an end to all the misery.
Medical assistants or physician assistants perform a number of clinical and administrative tasks at a medical facility. In the past, medical assistants used to be unlicensed workers but now they must be certified and qualified to perform their duties.
The physician credentialing process is an important phase and requires organized efforts to complete it successfully. According to the U.S. Bureau of Labor Statistics (BLS), demand for physicians, nursing staff and medical assistants is expected to grow by 11% in the coming years and the healthcare sector must be ready to handle provider credentialing.