Revenue Cycle Management

Revenue Cycle Management is the process of collecting payment for medical services, whether from insurance companies, HMOs, Medicare and Medicaid, or patients (also known as "self-pay"). The process generally begins at (or event before) admission to a hospital, or upon arrival at a physician's office. Healthcare providers often employ collection agencies to act as "first parties," assisting patients with the process of understanding their bills and identifying payment sources or applying for charity care. After a certain period of delinquency, some healthcare providers will employ "third party" collection agencies to recover unpaid balances on a contingency basis.

Revenue Cycle Resources

Best Practices for Resolution of Medical Accounts: A Report from the Medical Debt Collection Task Force - This document is based on the deliberations of the Medical Debt Collection Task Force, a joint initiative of ACA International and the Healthcare Financial Management Association. Published in January 2014, the report reflects the task force's consensus on the current state of best practices related to the equitable resolution of the patient portion of medical bills.


CFPB Report on Credit Reporting Impact of Medical Debts - In December 2014, the Consumer Financial Protection Bureau Director called on credit reporting agencies to take a more active role in policing the companies that furnish data on consumers, including a mandate to report consumer disputes made against specific companies. The new requirements stem from this CFPB study on debt collection tradelines in credit reporting.


U.S. Department of Health HIPAA Information page - An information repository on the Health Information Portability and Accountability Act (HIPAA) from Health and Human Services, the federal agency that administers the law, including the HIPAA Privacy Rule and the HIPAA Security Rule.


U.S. Centers for Medicare & Medicaid Services – ICD-10 - ICD-10 is the global medical coding standard for classifying diagnoses and reasons for visits in the healthcare setting. It is administered in the U.S. by the Centers for Medicare and Medicaid Services (CMS) and the National Center for Health Statistics (NCHS).


2015 Medicare Physician Fee Schedule - The MPFS lists the more than 7,400 unique covered services and their payment rates to physicians in the U.S.


Seven Crucial Compliance Conversations for Every Hospital CFO


Three Strategies to Shrink Bad Debt: Presumptive Charity Care, Propensity to Pay and Partner Management


Whitepaper: The Perfect Medical Bill, Paid Perfectly - This paper sets a general framework for the discussion your organization needs to have to in order to identify weaknesses across your receivables operations, and choose a course of action to collect more cash, quickly.


Whitepaper: Using New Technology to Meet the Challenges of Reducing Healthcare Bad Debt - There has never been a more critical time for US healthcare providers to ensure they follow guidelines of best practice when it comes to billing and payment.


[SLIDE PRESENTATION] Healthcare Debt Sales: Tips to Boost Revenue and Effectively Manage Patient Relationships - Selling medical debt can be a smart option that many hospitals overlook when thinking about how to manage their revenue cycle most effectively.

Revenue Cycle Coverage on insideARM.com

AdobeStock-class-action-school-swim-fish

What Happens When a Whale Gets Swallowed? The Potential Sale of Tenet Healthcare Could Significantly Impact U.S. ARM Companies

25 September 2017

pixabay-charcoal-heat-fire-bake-cook

This First-Party Thing is Heating Up

20 September 2017

istock-business-healthcare-medical-revenue-cycle

Revenue Cycle Leader Profile: Kim Roberts, Abington-Jefferson Health and Aria-Jefferson Health

19 September 2017

pixabay-taxes-economy-irs

Rev Cycle Professionals Play an Important Role in Maintaining a Hospital's Tax Exempt Status

7 September 2017

AdobeStock-medical-self-pay-healthcare-revenue-cycle

Meet the Revenue Cycle Vanguard: Russell Safirstein Says ERISA Is Your Friend

5 September 2017

pixabay-healthcare-stethoscope-medical

Long Arms of the CFPB Don’t Exclude Healthcare Providers

24 August 2017

AdobeStock-guidelines-rules

University Hospital’s New Patient Finance Guidelines Under Fire

10 August 2017

AdobeStock-healthcare-revenue-cycle-finance-medical

Will Machine Learning Revolutionize Healthcare (and other) Collections?

10 August 2017

iStock-healthcare-money-finance-payment-medical

Trump’s Plan to Implode ObamaCare Will Leave (Even More) Unpaid Medical Bills

9 August 2017

AdobeStock-medical-self-pay-healthcare-revenue-cycle

First Party Servicing on Medical Accounts: The Federal and State Landscape Continues to Shift

1 August 2017

istock-business-healthcare-medical-revenue-cycle

Head-turning Announcement Presents Both Opportunities and Challenges for Smaller ARM and RCM Specialty Firms

27 July 2017

pixabay-united-states-map-state-laws

Oregon Debt Collection Bill Passes House and Senate

26 July 2017

AdobeStock-healthcare-revenue-cycle-finance-medical

Ontario Systems Partners with TransUnion Healthcare for Improved Provider Outreach and Financial Assistance

19 July 2017

AdobeStock-strategy-strategic-m&a-merger-acquisition-acquire

First Credit Services Acquires American Healthcare Outsourcing Alternatives

10 July 2017

AdobeStock-court-decisions-judge-decide

$25 Medical Bill Turns into $34,500 TCPA Judgment and FDCPA Claim for Damages Still to be Litigated

5 July 2017