The Revenue Cycle Management process is extremely complex. The burden of increased rules and regulations associated with the billing process has many practices at the breaking point of decreased profits. Many offices are now outsourcing their billing process. Outsourcing can significantly decrease the cost of running a billing department. Doctors often outsource their accounting, their IT services, why not the billing service?
Understanding everything you need to know in the revenue cycle process is difficult. Click on the link below to read the newest article by Dr. Frederick, Exec VP of TRAKnet, to review what you need to know.