2 min read

New Protocol: How/When to use MBI Numbers

By Jonathan Monje on Dec 19, 2019 4:56:57 PM

Starting January 1, 2020, all Medicare claim transactions must be submitted with Medical Beneficiary Identifiers (MBIs). There are a few exceptions when a Health Insurance Claim Numbers (HICNs) can still be used, which we'll review below.

Topics: Revenue Cycle Management
2 min read

Why You Should Outsource Your Revenue Cycle Management System

By Shaun Rowles on Nov 20, 2019 11:15:00 AM

Medical Practices are outsourcing their Revenue Cycle Management (RCM) to companies like InSync Healthcare Solutions - and in turn now have an efficient billing process, enhanced financial performance and heightened patient-to-provider relationships 

Topics: Revenue Cycle Management
2 min read

Essential Questions to Ask Regarding Revenue Cycle Management

By Shaun Rowles on Nov 7, 2019 11:30:00 AM

A key component of building a sound and reliable Revenue Cycle Management (RCM) is the ability to fully and effectively utilize a system to its maximum potential. Unfortunately, most practices do not understand how to maximize their RCM. Elements such as using Key Performance Indicators (KPI), collections, ICD-10, and other factors that are generally ignored by practices - could make a huge difference on how the software system in use can progress the practice.

Topics: Revenue Cycle Management
3 min read

Properly Operating your Revenue Cycle Management

By Shaun Rowles on Oct 22, 2019 12:00:00 PM

A successful Revenue Cycle Management (RCM) stands on a transparent billing and collection strategy. Understanding common practice challenges for RCM requires strong integration throughout the entire organization.

Topics: Revenue Cycle Management
4 min read

RCM Service Levels: What's the Right Fit for Your Practice?

By Laura Slade on Aug 7, 2019 9:30:00 AM

Unlike clothes, a one-size-fits all approach rarely works when it comes to healthcare software—and Revenue Cycle Management systems are no different. Before your practice decides which sort of vendor to rely on for these vital billing services, it’s important to identify which sort of partner is best equipped to meet your specific needs.

Topics: Practice Management Software Revenue Cycle Management
2 min read

Meet the InSync Team: Director of RCM Sales, Todd Davis

By Laura Slade on Jun 20, 2019 9:15:00 AM

From the beginning, InSync's Revenue Cycle Management department has been dedicated to providing specialty practices with concierge RCM services. Our tailored approach has allowed us to enhance billing efforts and maximize reimbursements for providers all over the country.

Topics: Company News Revenue Cycle Management Meet the Team
4 min read

3 Ways to Enhance Your Practice's RCM Processes

By Benjamin Cardozo on May 2, 2019 11:45:56 AM

The Revenue Cycle Management process encompasses all aspects of financial management in a healthcare organization related to patient care. It is a vital function in the success of any healthcare organization and as such, should be monitored and evaluated regularly for improvement. However, due to the complexity of each facet in the revenue cycle, it may be difficult for the leaders in a healthcare organization to pinpoint the most beneficial place to improve. 

Topics: Revenue Cycle Management Medical Billing Software
1 min read

InSync Healthcare Solutions CFO on Revenue Cycle Management

By Laura Slade on Apr 26, 2019 9:36:23 AM

Recently, InSync Healthcare Solutions CFO—Charles Hutchinson—was interviewed on the Outcomes Rocket weekly podcast regarding hot topics in the healthcare industry.

Topics: Revenue Cycle Management EHR Software Behavioral Health Software
1 min read

Outsourcing RCM: How a RCM Service is the Best Solution for Claim Denials

By InSync Healthcare Solutions on Mar 13, 2018 1:52:21 PM

Revenue cycle management (RCM) is an important process for every medical organization in the country. It can literally be the difference in a practice achieving financial success or closing its doors.

There are a few different ways to approach RCM, either with an in-house billing staff or outsourcing RCM altogether through a RCM vendor.

Typically, in-house billing is the choice for practices initially, but it's certainly not always the best. But how can you tell if it's time for a change to outsourcing RCM services? There are several indicators, but consistent issues with claim denials - both in receiving and failing to fix - is a major one.

Topics: Revenue Cycle Management