September, 2024 - expEDIum Solutions Blog

Transforming Patient Billing into Revenue Growth: The expEDIum Perspective

By Suvarnna Babu September 27, 2024

In today’s healthcare landscape, managing revenue cycles efficiently is more critical than ever. According to a 2022 study, nearly 73% of healthcare organizations reported that inefficient billing processes were one of the top reasons for revenue loss . This statistic…

Is Your Outdated Revenue Cycle Management System Holding Your Practice Back?

By Suvarnna Babu September 26, 2024

In today's rapidly evolving healthcare environment, optimizing financial performance is critical to the success of any medical practice. Yet, many practices find themselves using outdated Revenue Cycle Management (RCM) systems, leading to inefficiencies, delayed payments, and lost revenue. At expEDIum,…

Custom Gastroenterology EHR: Driving Patient Satisfaction with Specialty Solutions

By Suvarnna Babu September 20, 2024

Consider the daily routine of a gastroenterologist like Dr. Lewis. Each day brings a mix of patient consultations, procedures, and follow-ups. Recently, he encountered a patient, Mrs. Thompson, who was understandably anxious about her upcoming colonoscopy. With a few clicks…

How Efficient Patient Scheduling Boosts Healthcare Provider Performance

By Suvarnna Babu September 16, 2024

In the fast-paced environment of healthcare, efficiency and patient satisfaction are at the forefront of successful operations. One crucial, yet often underappreciated, factor that contributes to both is patient scheduling. A robust and efficient scheduling system not only ensures that…

RCM Benchmarks: Key Metrics for Healthcare Providers to Optimize Revenue

By Suvarnna Babu September 6, 2024

Revenue Cycle Management (RCM) is the cornerstone of financial stability in the healthcare sector. With the rising complexity of medical billing, coding, and reimbursement procedures, effective RCM systems are more important than ever. In fact, recent studies show that the…

Recovering Aging Patient A/R: Strategies, Challenges, and Best Practices

By Suvarnna Babu September 5, 2024

Managing recovering aging patient A/R is a significant challenge in healthcare revenue cycle management (RCM). Aging A/R can have a substantial impact on cash flow, and its management requires a nuanced approach that considers various complexities. This blog will delve…