
This lecture explains what Revenue Cycle Management (RCM) means and why it is important for healthcare organizations. You will learn the basic steps of RCM and how it helps hospitals and clinics handle their money and payments better.
This lecture explains how the US healthcare system works, the cost of care, and why most citizens rely on health insurance. You will gain an overview of the system’s complexity and how health insurance helps manage medical expenses for individuals and families.
This lecture explains the differences between Revenue Cycle Management (RCM), medical billing, and medical coding. You’ll learn how each process works and how they connect to ensure smooth healthcare payments.
This lecture explains the four key entities involved in Revenue Cycle Management (RCM): patients, healthcare providers, insurance companies, and RCM experts (medical billers). You’ll learn how these entities interact to ensure smooth financial operations in healthcare.
This detailed lecture walks you through the 12 key steps of the medical billing cycle, explaining each stage in-depth. From scheduling a patient’s appointment to auditing and reporting, you will gain a thorough understanding of how healthcare providers ensure timely payments and maintain financial accuracy.
This lecture explains how insurance companies operate within the US healthcare system from a medical billing perspective. You’ll learn about different types of insurance, how coverage is verified, and how claims are processed to ensure healthcare providers receive timely payments.
This lecture introduces the Centers for Medicare & Medicaid Services (CMS), a critical agency in the US healthcare system. You’ll learn what CMS does, its role in managing Medicare and Medicaid, and why it’s important for medical billing and healthcare providers.
This lecture explains the different types of insurance in the US healthcare system, focusing on government and commercial plans. You’ll also learn the distinction between federal and state government insurance programs and their roles in medical billing.
This lecture explains the eligibility criteria for major healthcare programs like Medicare, Medicaid, TRICARE, CHAMPUS, Railroad, and Black Lung. You’ll learn who qualifies for each program and how they serve different groups in the US healthcare system.
This lecture explains three common types of healthcare insurance plans: HMO, PPO, and POS. You’ll learn how each plan works, their key features, and the differences that affect patient choice and medical billing.
This lecture explains the relationship between healthcare plans and providers, focusing on referral requirements. You’ll learn how different patient plans, such as HMOs and PPOs, affect provider choices and referral processes, and why these factors are essential in medical billing.
This lecture explains what patient demographics are and their importance in the medical billing process. You’ll learn the key demographic details collected, how they impact billing accuracy, and why they are essential for successful claim submissions.
This lecture explains the importance of insurance eligibility and benefits verification in medical billing. You’ll learn why checking a patient’s insurance details is essential to avoid payment denials and prevent billing issues that can lead to an unpleasant experience for both the provider and the patient.
This lecture explains the importance of patient appointment scheduling in the healthcare revenue cycle. You’ll learn the key steps involved, why accurate scheduling is essential, and how it ensures a smooth billing process and patient satisfaction.
This lecture covers the benefits verification process, an essential step in medical billing. You’ll learn the key steps involved, why it’s crucial for claim approval, and how it ensures accurate billing and a positive patient experience.
This lecture explains key healthcare insurance terminologies: premium, deductible, co-payment, co-insurance, out-of-pocket maximum, and sum assured (maximum benefits). Examples are provided to illustrate each term, helping you understand how these terms apply to real-world billing scenarios.
This lecture explains the roles of referrals and prior authorizations in healthcare billing. You’ll learn what these processes involve, why they are essential, and how they help ensure claim approvals and patient satisfaction.
This lecture introduces ICD-10 codes, an essential part of medical billing and healthcare documentation. You’ll learn what ICD-10 codes are, their structure, and how they are used to classify diagnoses and support accurate claims submission.
This lecture introduces CPT codes, a key component of medical billing. You’ll learn what CPT codes are, their structure, and how they are used to document medical procedures and services for accurate claims submission.
This lecture explains CPT code modifiers, essential tools for providing additional details about medical procedures. You’ll learn what modifiers are, their types, and how they impact claims submission and billing accuracy.
This lecture explains the concept of CPT code units, how they are used to quantify medical services, and why they are important in billing. You’ll also learn how units affect reimbursement and how to document them accurately.
This lecture explains NCCI, LCD, and NCD, three critical concepts in medical billing. You’ll learn what they are, their purpose in ensuring compliance, and how they guide proper coding and reimbursement processes.
This lecture explains the concept of healthcare providers and their role in delivering medical services. You’ll learn that doctors, nurses, pharmacists, physician assistants, consultants, and anesthetists are all considered providers in the healthcare system.
This lecture explains the roles of rendering, supervising, attending, referring, ordering, and billing providers in medical billing. You’ll learn how each provider contributes to patient care and accurate claims submission.
This lecture explains the concept of healthcare facilities and their roles in delivering medical services. You’ll learn about different types of facilities, including hospitals, office facilities, nursing homes, ambulatory surgery centers, and more.
This lecture explains Place of Service (POS) and Type of Service (TOS) codes, essential components in medical billing. You’ll learn what these codes represent, why they are used, and how they ensure accurate claims submission.
This lecture explains the HCFA 1500 form, a critical document in medical billing. You’ll learn what it is, why it’s used, and its importance in submitting claims for reimbursement.
This lecture explains the 837P format, a standard used for submitting professional claims in medical billing. You’ll learn what the format is, its key components, and why it is essential for accurate and efficient claims submission.
This lecture highlights the major sections of the CMS 1500 form and explains the significance of Box 12 and Box 13. You’ll learn how these fields are used for claims submission and their importance in the billing process.
This lecture introduces the Practice Management System (PMS), a critical tool in healthcare operations. You’ll learn what it is, how it functions, and its role in streamlining administrative and billing tasks for medical practices.
This lecture explains the role of clearinghouses in medical billing, how they connect with Practice Management Systems (PMS), and their function as a hub for managing claims and patient information across multiple insurances. You’ll learn why clearinghouses are essential for efficient billing processes.
This lecture explains batch claim submissions, a process that enables providers to submit multiple claims at once to insurance companies. You’ll learn how it works, its benefits, and why it’s a critical part of efficient medical billing.
This lecture explains the concept of timely filing limits, the deadlines set by insurance companies for claim submissions. You’ll learn why these limits are critical, common timeframes for major insurers, and tips to avoid missing deadlines.
This lecture highlights five essential rules for submitting claims in medical billing. You’ll learn industry standards and best practices to ensure claims are accurate, compliant, and processed efficiently for timely reimbursement.
This lecture explains the two levels of rejections in medical billing: those from clearinghouses and those from insurance payers. You’ll learn how each rejection occurs, what they mean, and how to address them effectively to ensure claims are successfully processed.
This lecture introduces accounts receivables (AR) in the context of Revenue Cycle Management (RCM). You’ll learn what AR means, its role in managing outstanding payments, and why it is crucial for maintaining a healthy financial flow in healthcare practices.
This lecture explains various methods for effective AR follow-ups, including contacting insurance representatives, using digital tools like insurance portals, and leveraging automation. You’ll learn how to apply these strategies to ensure faster collections and minimize outstanding accounts.
This lecture explains the concept of aging buckets in medical billing, their purpose, and how they help categorize outstanding accounts receivables based on the time they’ve been unpaid. You’ll learn how to use aging buckets to prioritize follow-ups and improve collections.
This lecture highlights industry standards and best practices for managing accounts receivables (AR) effectively in medical billing. You’ll learn proven strategies to improve collections, reduce outstanding balances, and maintain a healthy revenue cycle.
This lecture explores the role of automation and artificial intelligence (AI) in managing accounts receivables (AR). You’ll learn how these technologies streamline workflows, reduce errors, and enhance collections efficiency, making them essential tools in modern Revenue Cycle Management.
This lecture explores denial management in medical billing, its significance, and the negative impact claim denials have on a practice’s revenue. You’ll learn why denial management is critical and how it helps protect the financial health of healthcare organizations.
This lecture explains the key differences between denials and rejections in medical billing. You’ll learn how they occur, their impact on the claims process, and the steps needed to address each type effectively to improve reimbursement rates.
This lecture explains reconsideration and appeal requests in medical billing, highlighting their differences, purposes, and processes. You’ll learn when to use each method to challenge denied or underpaid claims and ensure proper reimbursement.
This lecture explains the step-by-step process of writing effective appeals in medical billing. You’ll learn how to structure appeal letters, include necessary details, and ensure compliance with payer requirements to maximize the chances of claim approval.
Are you looking to build a solid foundation in Medical billing and revenue cycle management (RCM)?
This course is your comprehensive guide to mastering the essentials of RCM and medical billing, even if you're starting from scratch.
In this beginner-friendly course, you'll:
Gain a deep understanding of the healthcare system: Learn how the U.S. healthcare system operates, the importance of health insurance, and why RCM is essential for smooth operations.
Distinguish between RCM and medical billing: Discover the key differences between these two vital aspects of healthcare finance and how they work together.
Get familiar with insurance basics: Understand how different insurance plans, including Medicare, Medicaid, and private insurance, impact the billing process.
Verify patient eligibility and benefits: Learn the step-by-step process of verifying insurance eligibility, benefits, and understanding referral requirements.
Grasp medical coding essentials: Master ICD-10, CPT codes, and modifiers, and understand how accurate coding ensures proper reimbursement.
Navigate the claim creation and submission process: Learn how to complete claim forms, work with practice management systems, and submit claims through clearinghouses.
Manage Accounts Receivable (AR): Understand the key methods for AR follow-up, including aging buckets and best practices for efficient collections.
Master denial management and appeals: Learn the steps to handle claim denials, rejections, and how to submit effective appeal requests.
Understand payment processing: Dive into the process of payment posting, EOBs, ERA, and EFT to ensure timely and accurate payments.
By the end of this course, you'll be equipped with the knowledge and skills needed to confidently manage the revenue cycle in any healthcare setting.