As part of a financial audit, the auditor must assess the inherent risk associated with the revenue cycle and perform tests to determine it is relatively free of ...
Revenue cycle leaders at the University of Utah Health successfully established an automated and streamlined audit process that identifies potential errors at the point of coding. It's no secret that ...
The healthcare industry is experiencing change at a breakneck pace. As payor consolidation continues, ambulatory surgery center (ASC) reimbursement across the country is waning. With the recent ...
Regent RCM: 4 internal auditing tips for ASCs ASCs observing negative changes in accounts receivable days, net collection rates or statement and charge lags can launch an internal revenue cycle audit ...
Review hospital (or other healthcare facility) department medical record documentation for improvement opportunities as part of a scheduled periodic review process. A version of this article was first ...
Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...
A business's revenue cycle is the process of converting initial sales orders to eventual cash revenue. A revenue cycle can be divided into two phases, the physical phase of transferring goods or ...
Please provide your email address to receive an email when new articles are posted on . Orthopedic surgeons, like any health care service provider, desire appropriate compensation for the work ...
Revenue recognition, internal control over financial reporting, and professional skepticism are among the seven key areas for 2014 audit consideration, according to an alert sent Thursday by the ...
San Antonio-based University Health is taking a proactive, hands-on approach to revenue cycle management that’s helping the health system achieve significant results. By embedding its managed care ...
Case management, with its standards of practice of patient advocacy and resource stewardship and its role as a liaison between patients, payors and the healthcare team, is in a unique position to ...