Financial consulting company Revenue Cycle Solutions said hospitals can achieve significant savings by improving coding and billing processes, according to a news release.
Daniel Thiry, managing principal of Revenue Cycle Solutions, said hospitals may miss this opportunity by focusing only on cutting costs.
According to the company, hospitals should start improving their revenue cycle now in preparation for new federal requirements under healthcare reform legislation.
Read the news release on improving revenue cycle to boost hospitals' bottom lines.
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Daniel Thiry, managing principal of Revenue Cycle Solutions, said hospitals may miss this opportunity by focusing only on cutting costs.
According to the company, hospitals should start improving their revenue cycle now in preparation for new federal requirements under healthcare reform legislation.
Read the news release on improving revenue cycle to boost hospitals' bottom lines.
Related Articles on Revenue Cycle:
HMS to Act as Medicaid RAC for Utah
Survey Shows ICD-10 Staff Training Needed, Though Most Have Not Started
CMS Hires Company for RAC Part D Program