Revenue Cycle Management
What is Revenue Cycle Management?
Revenue Cycle Management, begins with the preliminary determination of a patient’s eligibility for a claim, proceeding to medical coding and collecting co-pays, efficiently managing the complete billing and payment collection cycle. At Global Healthcare Resource, the entire process of claims management is accomplished in the shortest possible time and referred to as Revenue Cycle Management.
Medical coding is the first step in the medical billing process. At Global Healthcare Resource, all coders are AAPC certified and work under the guidance and supervision of a team of expert physicians. Our team is composed of veterans who have been working with us for more than 16 years and have the capacity to handle every scenario.
Efficient revenue cycle management requires “clean” claims. This requires good pre-claim processing, robust processes to ascertain eligibility verification and accurate interpretation of regulations.
Atlanta, GA (Corporate HQ), Chennai, India (Business Center, BPO) - Phillip Peacock, Corporate Vice President at Global Healthcare Resource, announces appointment of industry veteran, Mr. Jeffery Linn as Vice President of Revenue Cycle Management. Mr. Linn is known as an industry leader in Revenue Cycle and brings with him over a decade of experience as a healthcare executive with a background in operations, finance, project management, business development, and consulting. Jeffery’s key strengths include data analytics, technology integration, and optimization.
Implementation of ICD-10 brought a high rise in the diagnostic codes which further required more updates in the DRG system so that new codes can be integrated in the reimbursement process.
The impact of ICD-10 has been a common topic of discussion. And through these analysis, it has been realized that the ICD-10 update has its impact even beyond coding.