About Me

Recovering from Addiction to Prescription Medications

I never thought of myself as an addict, but I did end up addicted to anti-anxiety medication after developing Generalized Anxiety Disorder. At some point, the medicine stopped being a way to deal with the nervousness and panic attacks, and became something my body craved. I knew that I needed help fast. Fortunately, a local drug rehab program includes support for people like me. They helped me wean off the medication, use methods like massage therapy to help my nerves heal, and even provided ongoing counseling for our family. I don't know how I would have made it without their help. If you suspect that your medication has crossed the line from being helpful to hurtful, take heart. Let me tell you about my journey out of addiction and back to wholeness.

Latest Posts


Recovering from Addiction to Prescription Medications

Is RCM Every CFO's OMG Moment?

by Valerie Stevens

As a hospital CFO, you are always looking for ways to improve the bottom line for your organization. Implementing RCM, or revenue cycle management services, in your hospital may help. Here's a closer look at the world of RCM.

What Is RCM?

Revenue cycle management services are the process of tracking and managing the financial transactions of your healthcare organization, from patient registration to discharge. It involves various tasks like coding, billing, collections, and follow-up. RCM is a critical factor in the financial health of your hospital, and it directly impacts the bottom line.

What Are the Benefits of RCM?

As a CFO, you know that cash flow is king. Revenue cycle management services can help. There are several benefits of implementing RCM in your healthcare organization, including:

  • Improved cash flow. RCM can help you reduce collection times and optimize reimbursements, leading to better cash flow.
  • Identify revenue leakage. Revenue cycle management services are great for identifying revenue leakage and reducing claim denials, which can significantly impact your hospital's cash flow.
  • Better financial performance. By reducing claim denials and errors, you can improve your hospital's financial performance and profitability.
  • Enhanced patient experience. RCM can help you provide a transparent and efficient billing experience, leading to better patient satisfaction and engagement overall.
  • Compliance. Revenue cycle management services can ensure that your hospital complies with all the necessary regulations and requirements, reducing the risk of penalties.

How Can You Implement RCM in Your Hospital?

Implementing RCM in your healthcare organization can be a complex and daunting task, even for a CFO. However, there are several strategies you can adopt to improve your revenue cycle management. Some of these include:

  • Automating the billing process. By implementing automated billing software, you can reduce errors and streamline the billing process.
  • Training staff. Providing regular training to your staff can help them stay up-to-date with the best practices and latest compliance requirements for revenue cycle management services.
  • Outsourcing RCM. Outsourcing revenue cycle management can also be an effective way to reduce costs and improve efficiency.

RCM is every hospital CFO's best practice. Once you realize how it can be so critical to managing your organization's financial health and bottom line, you will not believe how you ever existed without it. By implementing revenue cycle management services, you can streamline the billing process, reduce errors, optimize reimbursements, and, most importantly, improve cash flow. Don't wait any longer. Start implementing revenue cycle management services in your hospital today.

Contact a local company to learn more about revenue cycle management services.