I checked Google Trends for the term “Revenue Cycle”, these are some of the related terms I found: revenue management, revenue cycle management, revenue cycle healthcare, accounting cycle.   At number 5 was: what is revenue cycle. In medical practice management, we throw the term around all day, but have you ever really thought about it?  The first word, revenue, is …

In the June Network Bulletin from UnitedHealthcare, I came across an article discussing the proper way to file a secondary claim when Medicare is primary.  Even though the information was not new, I thought it might be helpful to go back through the 3 ways you can file secondary claims. Billing Note: CMS has posted a recommendation on proper billing …

My internet search for “What is the monthly close?” produced this result from the Accounting Coach website: In accounting the monthly close is the processing of transactions, journal entries and financial statements at the end of each month. Under the accrual method of accounting, it is imperative that the financial statements reflect only the transactions and journal entries having relevance …