Accounts Receivable

How to Handle Underpayments and Overpayments in Revenue Cycle Management

In healthcare, accurate billing and payments are the lifeblood of maintaining a smooth revenue cycle. Yet, challenges such as underpayments and overpayments can disrupt operations and impact profitability if not properly managed. This article focuses on actionable strategies to handle these discrepancies, improve payment accuracy, and ensure financial stability for healthcare practices. Key Takeaways Identify the Causes: Understanding the root of underpayments and overpayments is critical for resolution. Implement Monitoring Systems: Real-time tracking tools help flag discrepancies early. Outsource for