News
Rural Healthcare: How to Navigate Unique Challenges with Innovative Solutions
1 in 7 people live in rural areas in the US, and they are at higher risk of death than those who live in urban areas. Unfortunately, in 2020, the Chartis Group revealed that more than 400 rural hospitals were financially vulnerable and at risk of closing. In turn,...
Adapting to Change: How Healthcare Regulations Shape Medical Billing Practices
Healthcare regulations ensure that medical services are delivered ethically, efficiently, and according to established standards. This is because they govern various aspects of healthcare, including patient privacy, reimbursement, and billing practices. With ongoing...
The Multifaceted Impact of Administrative Burden and How Streamlining Billing Helps
All health systems have administrative functions and costs, but the United States takes it on a whole level. The total administrative costs account for up to 30% of healthcare spending, substantially greater than other wealthy countries. While healthcare...
Strategies for Managing and Preventing Medical Billing Fraud
Picture a bustling medical office where the front desk team is overwhelmed with medical billing responsibilities. A minor error occurs amid the chaos: A patient is charged for a procedure they never received, sparking confusion and anger. This scenario highlights a...
Elevate Your RCM Journey From Complexity to Simplicity with Synapse at ACG 2024
PHILADELPHIA, PA – Synapse is exhibiting at this year’s ACG 2024 conference, where attendees will explore a broad range of cutting-edge topics in GI, hepatology, and endoscopy, as well as engage in networking opportunities to advance gastrointestinal technology and...
The Role of Credentialing in Ensuring Smooth Revenue Cycle Operations
Despite being a critical part of the RCM processes, many practices overlook the significance of credentialing, unknowingly hurting their revenue stream. Left ignored, credentialing can result in more delays in payor enrollment, billing denials, and administrative...
Should Healthcare Providers Be All-in for AI?
Small clinics worldwide are turning to Artificial Intelligence (AI) as a strategic tool. More than just a solution to staff shortages and patient dissatisfaction, this technology is seen as a game-changer in reducing hospital readmissions. A study published in PLOS...
Yannick d’Assignies of Synapse Revenue Cycle Management: Advancing to New Technological Heights
Growth is a key ingredient for businesses to survive in this ever-changing digital landscape. Yet, we must not forget that meaningful human connections will drive business growth, propelling your business to new technological heights.
Accelerate Your Practice’s Growth with Revenue Cycle Automation
As the healthcare industry evolves, so does the approach to managing revenue. With the increasing complexity of medical services, many healthcare practices face an ongoing challenge in maintaining a healthy revenue cycle. This raises a critical question: Should...