MI RCM Services

08/18/2026

Are You Collecting What You're Actually Entitled To?

One of the numbers worth knowing in medical billing is your Net Collection Rate (NCR).

Why?

Because it's not simply asking how much money came in.

It's asking:

“Of the revenue we were contractually entitled to collect, how much did we actually collect?”

That's a much more useful question.

A practice can have plenty of charges, plenty of claims, and plenty of activity—but still leave money behind.

NCR gives you a clearer picture of how effectively the practice is turning earned revenue into actual collections.

A commonly used benchmark is 95% or higher.

If you're below that, it doesn't automatically mean something is seriously wrong.

It simply means:

It's probably worth taking a closer look.

Your turn:
What do you consider a healthy Net Collection Rate for a practice?

Drop your number in the comments. 👇

07/29/2026

📘 Medical Billing Term of the Week: A/R Aging Waterfall

Understanding how long your accounts receivable remain outstanding is essential—but understanding how payments progress over time provides even deeper financial insight.

An A/R Aging Waterfall helps healthcare organizations track claims from submission to reimbursement, making it easier to:

✅ Monitor payment timelines

💰 Identify reimbursement delays

📊 Improve cash flow visibility

📈 Support smarter financial decision-making

Rather than relying solely on static aging reports, waterfall reporting helps uncover trends, pinpoint bottlenecks, and strengthen overall revenue cycle performance.

At MI RCM Services, we're dedicated to helping healthcare organizations streamline medical billing, optimize reimbursement, and build a healthier financial future.

💬 How does your organization monitor reimbursement performance?

Do you rely on traditional A/R aging reports, waterfall reporting, or a combination of both?

06/26/2026

03/10/2026

At MI RCM Services, our clients come first. We partner with your practice to strengthen workflows, improve efficiency, and deliver the most effective revenue cycle results.

01/09/2026

The start of a new year is the right time to truly understand your RCM numbers.

If claim denials increased in 2025 or revenue feels unpredictable, it may be time for a closer look.

Let’s bring clarity, reduce risk, and regain control of your practice’s revenue in 2026.

12/09/2025

As your current workspace is on the Mobile Premium Plan, you won't be able to subscribe to any of the plans of Animaker web. Create a new workspace to subscribe to any of the plans of Animaker web.

11/09/2025

One of the biggest factors impacting a practice’s financial health isn’t just collections—it’s prevention. By focusing on claim stabilization and reducing denials early, practices can drastically shorten the A/R cycle and improve cash flow consistency.

07/17/2025

The truth is that most provider groups didn’t go into healthcare to chase down claims or decode payer rules.

Yet every day, we see the burden they carry trying to keep their revenue cycle running smoothly — and it’s not easy.

🩺 Insurance verification and eligibility often slip through the cracks, leading to denied claims or frustrated patients who thought they were covered.

🧾 Claim denials and rejections continue to rise — not because providers aren’t doing their jobs, but because payers keep changing the rules, and small errors lead to big delays.

💳 Patient collections have become more complex, with rising out-of-pocket costs and a lack of transparency causing tension at the front desk and unpaid balances down the line.

👩‍💻 Staffing and technology limitations make it hard to keep up. Most groups are understaffed, overworked, and using outdated systems that can't keep up with today’s demands.

We see you. We work alongside you. And we’re grateful to help.

At MI RCM Services, we partner with practices to take this weight off their shoulders — with experienced people, efficient systems, and a deep respect for the work providers do.

Let’s get back to what matters: patient care.

06/25/2025

What are they promising?
⏰ By January 2026:

Reduce services needing prior auth

Clearer denial explanations & appeals guidance

Honor existing prior auths when you switch plans

💻 By January 2027:

Standardized electronic systems

80% real-time approvals for e-requests!

Simpler data submission for providers

They're even planning a public dashboard to track progress! ✨

Why does this matter? Prior authorization costs providers billions and leads to countless delays for patients. It's often called healthcare's most hated bureaucracy. This voluntary pledge aims to change that.

Will it work? The industry has made promises before. This time, there's a lot of political and public pressure to deliver. We'll be watching closely to see if these changes truly make a difference in patient care and provider burden.

What do YOU think? Have you been impacted by prior authorization? Share your thoughts below! 👇

06/16/2025

🚀 Streamline Your Practice with Confidence

Tired of the credntialing delays, incomplete applications, and administrative headaches?
We specialize in Credentialing, Provider Enrollment, and Data Management — so you can focus on patient care, not paperwork.

✅ Fast, accurate provider enrollment
✅ End-to-end credentialing with payer follow-up
✅ Clean, compliant data management to reduce denials

Whether you're onboarding a new provider or cleaning up your database, we’ve got you covered.

📩 Let's talk about how we can simplify your operations and accelerate your revenue.