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Trends in the healthcare industry continue to emerge, and providers that want to maintain a strong revenue cycle must learn how to embrace them. The first part is understanding each one and the advantages precipitated by their inclusion in physician practices of all sizes.

DMA wants you to know how ImagineSoftware’s leader in patient statements in medical billing and payment solutions is transforming the industry once again!

Healthcare providers face multiple revenue cycle management (RCM) challenges, from billing and collections inefficiencies and complex reimbursement models to inaccurate charge capture and changing government regulations.

AAPC defines medical coding as the transformation of healthcare diagnosis, procedures, medical services and equipment into universal medical alphanumeric codes. In financial terms, medical coding is the life blood of the practice. It's how the services you provide turn into billable revenue.

The No Surprises Act becomes effective January 1, 2022. The question that remains is this: will providers ultimately be the parties surprised by out-of-network care reimbursement?

While these Surprise Billing legislations and regulations continue to evolve, they are not going away - Prepare your practice or billing company with ImagineSoftware’s Patient Responsibility Estimation tool.

When you come across the term “robotic process automation,” you might think it sounds like a futuristic idea. However, RPA, as it’s often called, is a technology increasingly being utilized in the healthcare industry, including medical billing.

Technology has dramatically changed the way healthcare organizations, including providers and payers, operate. It has also made a marked difference in medical billing processes such as electronic claims processing.

Today's billing landscape is not an easy one to navigate for many medical practices. The transition to value-based care and rising patient responsibility make the management of day-to-day operations even more challenging. Now more than ever, it's critical to regularly measure the financial health of your practice and if your staff is performing at peak efficiency.

Revenue cycle management (RCM) is a process whereby clinical management systems interact with medical billing systems which in turn exchange information between clearinghouses, patient statement systems, and patient payment vendors in order to complete a financial transaction between patients, providers and payers.