A definition of healthcare revenue cycle is tracking the revenue from patients, starting with their initial appointment or encounter with the healthcare system to their final payment of balance. Why just track when you can be dynamically integrated with the entire process?
The Centers for Medicare & Medicaid Services (CMS) Jan. 17 finalized new regulations aimed at reforming the prior authorization process.
The new rule will:
Overall, the rule will improve patient access to care and help clinicians focus on patient care rather than paperwork, all while saving clinicians an estimated $16 billion over the next 10 years, based on CMS projections.
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