by Connie Lee | May 12, 2021 | Avelead, Blog, Uncategorized
To say that a hospital’s revenue cycle always has room for improvement is an understatement. Many times, they need to be completely reconstructed because the collection of billing and filed claims was too complicated and inefficient to stay competitive. Even when they...
by Connie Lee | Apr 28, 2021 | Avelead, Blog
A hospital’s chargemaster is a finely tuned system that must be maintained to ensure it is being used to the best of its abilities. This means that a chargemaster that has been properly maintained can be the difference in whether a hospital remains in compliance with...
by Connie Lee | Apr 14, 2021 | Avelead, Blog
On a regular basis, hospitals use their chargemaster price as a base price when they are negotiating with private insurance providers, but it doesn’t stop there. Current market fluctuations are the ultimate decider, forcing the hospital and providers to agree upon a...
by Connie Lee | Apr 2, 2021 | Avelead, Blog
A healthcare organization’s revenue cycle can quickly become chaotic if there aren’t proper practices put in place to maintain it. The charge reconciliation process is a necessity because it allows fast and accurate charge capture and resolution of any pending...
by Connie Lee | Mar 17, 2021 | Blog, Uncategorized
Over the last decade, systems within healthcare organizations have experienced numerous, transformational changes to bring efficiency and structure. All departments have gone through some kind of change but most of the alterations can be attributed to those sectors...
by AveleadMarketing | Mar 4, 2021 | Blog, MBAT
Healthcare records are an integral part of a hospital, but they come in several different forms including paper, EMR, and EHR. If you’re thinking about an EHR or EMR conversion, it’s important to know which one is a better fit for you. What exactly is the difference...
by AveleadMarketing | Feb 17, 2021 | Blog, Rev Cycle
Revenue cycle management is a multi-faceted process that touches all parts of a hospital. Hospitals not prepared to take control of their revenue flow find themselves leaking millions as their bottom line falls away. These are challenging times for hospitals around...
by AveleadMarketing | Feb 3, 2021 | Blog, MBAT, Rev Cycle
Intro Recovering healthcare claims from insurance providers is an essential part of good revenue cycle management, but the process is convoluted. This claims process revolves around two different files. 835s, and 837s. These files can be understood as the bill and the...
by AveleadMarketing | Jan 21, 2021 | Blog, Data Comparison, Rev Cycle
Intro Processing healthcare claims is an essential step in the revenue cycle management journey. From the 837s to the 835s, it’s a long process, and not always an easy one. Even if you handle every step correctly, at the end of the day the payors may just deposit the...
by AveleadMarketing | Jan 7, 2021 | Blog, MBAT, Rev Cycle, Revenue Identification
Intro The healthcare revenue cycle is the flow of money through a hospital. Revenue cycle management is the process of finding, gathering, and managing that flow of revenue from patients and payers to ensure monetary stability and success. On this page, we will unpack...
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