Revenue Cycle Management (RCM) Blog

Aug 06

Revenue Cycle Red Flags: 8 Indicators You Can’t Ignore

By SYNERGEN Health Blog Posts, General

Effective revenue cycle management (RCM) is crucial for healthcare providers' financial health. Yet, many organizations need help with common issues that impede their cash flow and overall efficiency. Identifying and...

Jul 31

What’s Included in SYNERGEN Health’s RCM Assessment?

By SYNERGEN Health Automation, Blog Posts

Keeping a pulse on your organization's revenue cycle and operations is crucial for sustained success and financial health. Regularly evaluating your current revenue cycle management (RCM) processes can uncover inefficiencies,...

Jul 25

8 Signs Your Revenue Cycle Needs Help

By SYNERGEN Health Blog Posts, General

Problem High Denial Rates The claim denial rate reached 11.99% in 2023. High frequency can signal issues with your billing process. Common causes include incorrect patient information, coding errors, and...

Jul 08

Maximize Lab Profitability: Practical AI Use Cases

By SYNERGEN Health Automation, Blog Posts

Artificial intelligence (AI) can significantly enhance lab profitability by optimizing various processes across its entire revenue cycle. From order intake to post-billing, let’s explore the practical use cases of AI...

Jul 03

AI Unveiled: Understanding AI Subsets in RCM

By SYNERGEN Health Automation, Blog Posts

Artificial intelligence (AI) is often perceived as a monolithic entity or a singular technology that powers futuristic applications and innovations. However, AI is not a single tool but a collection...

Jun 27

AI Unveiled: Understanding RPA, ML, NLP, DL, and Generative AI in Revenue Cycle Management

By SYNERGEN Health Automation, Blog Posts

Jun 20

From Crisis to Continuity: How SYNERGEN Responded to the Change Healthcare Attack

By SYNERGEN Health Blog Posts, General

The healthcare industry was rocked in February when a ransomware attack targeted Change Healthcare, a crucial player in the revenue cycle management (RCM) sector. This cyberattack profoundly impacted the ability...

May 31

Benefits of Finding a Partner for High-Volume Claim Environments

By SYNERGEN Health Automation, Blog Posts

A high-volume claim environment is characterized by the continuous influx of a large number of claims, often stemming from extensive patient care services, diverse treatment offerings, or large-scale operations such...

May 21

Proven Methods to Get Payers to Pay You

By SYNERGEN Health Blog Posts, Claims Submissions

As the rate of claim denials continue to rise—10.15% in 2020 to 11.2% in 2022, and then to 11.99% in 2023—getting payers to actually pay you is becoming more and...

May 03

5 Strategies to Reduce Cost-to-Collect and Increase Cash Flow

By Teri Gatchel-Schmidt Blog Posts, Reporting & Benchmarking

As healthcare organizations face increasing financial pressures, managing cost-to-collect is critical for maintaining operational efficacy and ensuring quality patient care. The "cost-to-collect" in healthcare refers to the expenses associated with...

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Your go-to resource for creating RCM synergy

Revenue Cycle Red Flags: 8 Indicators You Can’t Ignore

What’s Included in SYNERGEN Health’s RCM Assessment?

8 Signs Your Revenue Cycle Needs Help

Maximize Lab Profitability: Practical AI Use Cases

AI Unveiled: Understanding AI Subsets in RCM

AI Unveiled: Understanding RPA, ML, NLP, DL, and Generative AI in Revenue Cycle Management

From Crisis to Continuity: How SYNERGEN Responded to the Change Healthcare Attack

Benefits of Finding a Partner for High-Volume Claim Environments

Proven Methods to Get Payers to Pay You

5 Strategies to Reduce Cost-to-Collect and Increase Cash Flow

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