How to increase practice collections in 5 Steps?
The responsibility of patients for their financial obligations is an essential part of revenue cycle management, but when patients fail to do so, doctors and their practices suffer the consequences. Since 2000, U.S. hospitals have incurred over $502 billion in uncompensated care expenses, according to a report by...
What are the most common medical billing errors that should be avoided by your practice?
When you think about good medical practice management, you probably think of ways to improve your bottom line, such as going paperless or improving your efficiency. Those aspects of good practice management are of course essential, but we often overlook another essential component by avoiding errors in medical...
What Are The Top Things to Keep in Mind while Billing Telemedicine?
Telemedicine was once a cutting-edge form of medical care, but has become a popular choice among health care providers in recent decades. Telehealth adoption is growing faster than any other medical care solution, with an overall growth of 53% based on a recent report by the American Medical...
Why is it a good decision to outsource your medical billing services?
There is no longer anything new about medical billing outsourcing. This approach is now widely accepted. With its streamlined processes, superior systems, state-of-the-art technologies, economies of scale, knowledgeable and experienced workers, it typically results in larger cost savings and outcomes. Managing medical billing and coding successfully is proving to...
What are the factors that can help you improve your practice performance?
A practice’s performance can be improved by knowing these factors Making sure your patients receive the best care possible is very important when you run your own practice. What about your practice’s ability to provide efficient healthcare to your patients? Is your practice in need of some rethinking?...