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Best practices of a revenue cycle management

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  Medical practices now have an increased obligation to optimize payment collections and all other facets of healthcare RCM due to the constantly evolving healthcare rules and reimbursement models. Even though there are very important obstacles to overcome, using best practices increases collections. Additionally, it lowers expenses throughout the revenue cycle and aids small practices in better comprehending, measuring, and managing its financial components.   1. Enhance front desk operations and collections When making appointments, teach your front desk personnel to ask patients for all the relevant demographic and insurance information. Use "communication scripts" to assist staff in educating patients on the various payment options or plans accessible to them as well as co-pay collection. Patient happiness and revenue optimization are both influenced by a front desk staff that is properly trained. 2. Automate the process of determining insurance eligibility Verifying insu

5 Benefits of a Revenue Cycle Management system

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As healthcare providers, the top priority is to serve the needs of their clients.  Reaching this goal requires a complete understanding of their patients’ needs and financial obligations, which can be difficult for new or small practices. A revenue cycle management system can help healthcare providers manage the administrative burdens associated with running a practice so they can focus more on providing quality care. What is Revenue Cycle Management? A revenue cycle management system is the process by which healthcare facilities and small practices can ensure they’re paid for their services as quickly as possible. It encompasses every step of the healthcare revenue cycle, beginning when a patient makes an appointment with their healthcare provider and ending when all claims and payments for that appointment have been collected. The different steps of revenue cycle management: - Syncing patients information and administrative staff. - The services rendered has to be detailed and coded.

Who should use an ABA therapy Software?

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How AlohaABA behavioral software can help you manage your practice?   When you look around your practice, you might be surprised to find that so much of the day-to-day administrative tasks are still being done manually. Is this an effective way to manage your business? The answer is yes and no. Over the years, we have learned the benefits and drawbacks of using software products — those that make it easy to quickly access patient records, easy to update notes, enter new information and automatically print out reports. If you don't have an ABA practice management software on your current computer system, this blog post is definitely worth reading as it will help you understand what it is and who can use it.   Did you know that AlohaABA isn't just for ABA clinics? We help private or independent schools that serve students receiving therapeutic services. Schedule your staff, keep session notes, pay staff and use business analytics to understand the operations and financial health

The New BACB Ethics Code For Behavior Analysts

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    The BACB Ethics Code, formerly known as the “Model Code of Ethical Behavior for Behavior Analytic Practitioners,” was initially created to provide behavioral health professionals with an ethical path for working with individuals suffering from mental illness. Since its creation in 1986, the BACB Ethics Code has been revised to include many other areas that relate to human services and treatment. The most recent changes are due to increased oversight by the Department of Health and Human Services and the new “Ethics Code for Behavioral Health Services” set forth by the American Psychological Association (APA), which drew inspiration from the BACB Ethics Code. The Core Principles to keep in Mind:  A foundation of ethical behavior is key to the success of behavior analysts in their career. The first principle in the code is a fitting introduction as it emphasizes how behavior analysts should treat others with compassion and dignity, while also being considerate and respectful. This pr

Struggling with Insurance claims for your ABA practice? Let AlohaABA take care of it.

One of the bigger problems ABA practitioners face are with insurance agencies. You can spend hours on end to get authorizations for more hours of therapy for your patient. Most will agree that it is not be the best aspect of your service, but one that is necessary, since many families depend on insurers. So, now the question is how do you efficiently handle it?     AlohaABA's got your back. Using our ABA software , you'll get access to our add-on service where, y ou'll be partnered with a dedicated billing manager who's role will be take care of the outstanding balances & claim rejections. AlohaABA has all the important features that can help ABA practitioners manage their therapy with ease. If your new in the business and want to know more about how to scale up your business, check out our blog: 5 Reasons Why ABA Practice Management Software Can Drive Growth .