When it comes to healthcare, revenue cycle management (RCM) is one of the cornerstones of the entire foundation of the care delivery system. RCM is responsible for profits, patient flow, and many aspects that Nursa can directly address for better healthcare facility growth. RCM is in every respect of any healthcare facility. From staffing issues to IT software management, data management, and healthcare information handling to cancer and organ transplant registries. RCM is everywhere, and improving each system with logistics is the way of the future.
What is Revenue Cycle Management?
RCM is directly related to the complete life cycle of a patient entering a healthcare facility, like a hospital or long-term care facility, until final assessments and reviews have been made. In between the patient coming into the door, there are steps like insurance claims ready for prepping, claim submissions, managing claims, and collecting payments.
And these are just the financial aspects of healthcare RCM. Each department and unit will have its processes, policies, and protocols. Improving these protocols and cycles makes a healthcare facility more profitable. A study highlights how changing specific systems, not others, has significant impacts, especially concerning patient turnover. The more patients that can be adequately treated will earn the most considerable profits.
Healthcare Staffing and Safe Patient Care is at the Core of RCM
And it all starts with safe staffing ratios. An adequately staffed facility can see more patients than an understaffed or under-trained one. Flow processes tend to fail more with hospitals that are not willing and able to recognize which processes are best to outsource. Nursa is an excellent solution when it comes to staffing solutions. Not just for nurses, certified nursing assistants (CNAs), and allied and healthcare workers. Nursa can fill PRN shifts fast and with top-quality personnel.
How Can Hospitals Improve Revenue Cycle Management (RCM)?
Since hospitals have many moving aspects to the overall system, it is best to look at systems in smaller, more manageable parts. Some companies specialize in entering facilities and reviewing entire procedures to evaluate more efficient solutions.
Hospitals are experiencing many staffing problems, which is one of the most pressing issues. A severe shortage of hospital staff has been affecting hospitals since COVID-19 and now Monkeypox. There are many areas to look into for efficiency improvement, but staffing is still the number one issue to tackle. Another great place suggested to invest time and money in is claims processing. With the right staff that are highly trained and pre-vetted, it is easy to see how Nursa can significantly help any healthcare facility. But again, each hospital and healthcare facility operates differently, so it is best to find consultants specializing in needed improvement or hire a general consultant looking at systems as a whole. What may work for one facility may not work for another one.
Where To Find Help Filling PRN Jobs
Nursa helps fill PRN staffing needs for almost all hospitals and other healthcare facilities. Users download the application and fill out a profile that requires up-to-date information, licenses, certifications, and additional relevant information per state or multiple state licensees. After they are approved, the users can start searching for PRN jobs in real time. Nursa helps hospitals by walking them through how the software works, and within minutes can fill PRN jobs to better support the RCM and increase patient flows. If your healthcare facility is interested, Nursa has a calendar to schedule a short half-hour demonstration that walks through the whole process, all the way to scheduling your first staff member within about half an hour. Click here to schedule an appointment now.