Fri.Oct 20, 2023

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Rev cycle 101 – Healthcare revenue cycle terminology: Denial prevention glossary

Waystar

In the healthcare revenue cycle, acronyms are common — and also critical. Whether you’re in charge of denial prevention or billing services or working appeals, you need to be able to quickly grasp healthcare revenue cycle terminology. Scroll through the glossary below or click on a term to jump to a concise definition of each commonly used term. Healthcare revenue cycle terminology: Denials 101 Allowed amount Appeal Balance billing Billing fee schedule Birthday rule Bundled service Capitation Ce

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Revolutionizing Banking: The Blueprint for a Customer-Centric Digital Lending Experience 

Biz2X

Reading Time: 3 minutes Creating a winning digital lending experience requires a deep, customer-centric understanding of the diverse needs of the businesses seeking financing. Whether dealing with a gas station, architectural firm, law practice, or IT company, distinct patterns and cash flow dynamics characterize each enterprise. For instance, gas stations witness a continuous influx of customers, resulting in frequent cash flow, while architectural firms may experience sporadic income tied to s

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Incoming Market “Chop Bucket” — Here’s How to Navigate It

Due

The stock market tends to experience periods of turbulence and volatility, often leaving investors feeling uneasy and unsure of how to proceed with their investments. One such period is known as the ‘chop bucket,’ characterized by a spike in the VIX, or the fear index. Understanding the reasons behind these choppy periods and learning how to diversify your investments to minimize risk is crucial for long-term financial success.

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Revolutionizing Banking: The Blueprint for a Customer-Centric Digital Lending Experience 

Biz2X

Reading Time: 3 minutes Creating a winning digital lending experience requires a deep, customer-centric understanding of the diverse needs of the businesses seeking financing. Whether dealing with a gas station, architectural firm, law practice, or IT company, distinct patterns and cash flow dynamics characterize each enterprise. For instance, gas stations witness a continuous influx of customers, resulting in frequent cash flow, while architectural firms may experience sporadic income tied to s

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Improve profitability – in five simple steps

blue dot counseling

If your business can improve profitability the rewards include more money in the bank, a higher value for your business as well as greater peace of mind and the feeling of a job well done. Making lower profits than you think you should leads to the opposite outcomes and a lot less fun. So, what […] The post Improve profitability – in five simple steps appeared first on Blue Dot Consulting.

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Why strong customer relationships hold the key to getting paid on time

Hilton Baird

How credit control teams can build strong relationships with customers’ accounts payable teams and get paid faster. The post Why strong customer relationships hold the key to getting paid on time appeared first on Hilton-Baird Collection Services.

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A snake in the office

Cpcmcredit Blog

in my previous post, I highlighted the tiresome new trend for “dogs in the office” and I’m now wondering where the limits will be. An American Bully dog straining at the leash whilst people are actually trying to work? And in fairness it should perhaps of course be extended to other creatures. Im thinking of getting a pet elephant.

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This month's webinar: Corporate-Level Credit Management Challenges, New Skills via Digital Transformation

Credit Tools

A new webinar on the challenges of credit management in a corporate and how to use new technologies for innovative AR solutions, improving cash flow and customer risk management.

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Avoid these brokers.

Cpcmcredit Blog

Talking today to one of the relatively rare brokers in the market who is professional and trustworthy, he told me a charming story about one of the “online brokers” who unfortunately I cannot name but from whom a lesson can be learnt This client approached this broker for an invoice financing arrangement. The resulting deal wasn’t appealing and the client decided not to go ahead.

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