Revenue Cycle Management and Billing

6 Most Popular Patient Payment Options in 2023

The landscape of healthcare payments is changing. Patient cost-sharing has increased from about 10% to 30% since 2010. Practices are facing greater responsibility for managing patient payments, while also navigating staff shortages and lower insurance reimbursements. Is your billing and revenue cycle management stuck in the

How Raintree’s Platform Helped Barrett Family Wellness Center Grow

Barrett Family Wellness Center (BFWC) is a community-based pediatric occupational andspeech therapy facility located in Southborough, Mass. dedicated to enhancing the health andwellness of children and their families. BFWC was founded in 2000 by occupational therapistPhyllis Barrett and her son-in-law, Ian Nolan, and her daughter,

Client Testimonial: Washington Health System

Established in 1897, the expansive Washington Health System (WHS) provides compassionate patient and family-centered care in over 40 facilities throughout southwestern Pennsylvania. Since then, their commitment to delivering the highest quality of care has positioned them as a leader in healthcare safety and valued patient

Cost Reduction Strategies for Therapy and Rehab Practices

As any healthcare provider knows, the cost of treatments, therapies, and procedures can be a major challenge to managing a successful practice – and with the Centers for Medicare & Medicaid Services (CMS) significant budget cuts for outpatient therapy and rehab, figuring out how to

Financial Reports Your Therapy and Rehab Practice Need to Optimize Billing

Optimize Your Therapy and Rehab Billing Processes With Raintree’s Financial Reports As a therapy and rehab practice, it’s essential to have accurate and timely financial records to ensure that your business is running smoothly. With today’s digital solutions, you can quickly get an accurate picture

EMR Tools to Boost RCM Amid Staffing Issues

Automated EMR Tools to Counteract Staffing Shortages As patient volumes increase, the demand for quality medical professionals has become more apparent than ever before. These climbing staffing issues have compounded existing revenue cycle management (RCM) challenges even further, putting a massive strain on outpatient therapy

Reducing Outpatient Therapy Costs Through Optimized Revenue Cycle Management

Reduce Outpatient Therapy Costs Through Optimized RCM As the healthcare industry continues to expand, outpatient therapy and rehab practices are constantly looking for ways to reduce costs while maintaining quality of care. Let’s look at the ways your organization can increase cash flow and reduce

Claims Denial Management and Prevention: Tackling the Denials Backlog

Tackling the Denials Backlog Did you know that 65% of claim denials are not reworked? These denied claims have led to significant revenue loss in healthcare, with individual providers potentially losing millions per year in denials alone! While it’s not always possible or efficient to

Raintree’s Ultimate Guide to Medical Billing Software for 2023

Let’s go into the new year armed with the information you need to optimize your revenue cycle management (RCM) and billing processes! While our blog is teeming with information to improve your revenue, we’ve put together this library of resources that encompasses all of the