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Have you optimized your Revenue Cycle and Ready for Future Challenges? Financial success of medical practices can be ensured with proactive management of the revenue cycle. It can help them avoid lost revenue opportunities, prevent frauds, reduce rejected claims and support compliance efforts. Revenue cycle should be structured for optimizing yield and reducing the cost for payment collections. It should provide timely insight into the core processes and issues related to payer performance. Health systems can use this information to address areas that result in minimal cash flow. It can also be used for avoiding unwarranted payer delays.  As per current trends, hospitals lose around three to five percent of their net revenue due to lack of adequate RCM processes
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