If there’s one thing we’ve learned over the past several years, things can change rapidly in the tech world. And every time we push the boundaries of technology further, we raise consumer expectations. This is a formula that applies to payment processing technology across several industries. Keeping up with those advancements and trends is critical … Read more
Medical debt is overwhelming patients and saddling them with lasting health issues. Frustrating and outdated billing practices in the healthcare industry can exacerbate the problem. Deciding to switch to paperless billing can take a burden off your patients’ shoulders and streamline your system. There are various benefits to going paperless in healthcare, and in this … Read more
The COVID-19 pandemic thrust the healthcare industry into the spotlight. Under intense circumstances, industry leaders pushed themselves to the limits to accommodate an entirely new way of life. What used to be a business largely unmoved by the world’s advances (in comparison to other industries) was now innovating at an unprecedented rate. They’re shaping the … Read more
To say COVID-19 changed healthcare is an understatement. The pandemic has not only upended the standard patient care approach, but it also has rapidly changed the way healthcare providers process payments. Though the growing pains and uncertainty still loom, one thing is for certain—technology will continue to transform the healthcare landscape. And that includes healthcare … Read more
Revenue cycle management (RCM) refers to an institution’s financial management process that helps track, identify, collect, and manage incoming payments. This helps businesses foster financial transparency within the company and charge patients the correct amount for the services and healthcare they receive. In healthcare, the definition of revenue cycle management remains the same. It is … Read more
