Outsourcing Physical Therapy Medical Billing is a smart move for many reasons
Many physical therapy practitioners prefer to outsource their billing processes and revenue cycle management rather than manage these functions in-house to improve responses, communication, and the overall experience. The reasons for private practices hiring professionals to take on these responsibilities go far beyond the billing expertise that immediately comes...
What is HIPAA? Why does it matter to you?
In order to protect the privacy and security of certain health information, the Health Insurance Portability and Accountability Act of 1996 (HIPAA) required the Department of Health and Human Services (HHS) to establish regulations. The Privacy Rule and the Security Rule were developed by HHS to fulfill this requirement....
Does tracking the revenue cycle seem quite difficult for your healthcare organization?
Are you using the conventional approach to manage your healthcare revenue cycle? Does your inability to trace the revenue leaks makes the account receivables difficult to manage? Are you facing difficulties in taking the exact view of the costs, spending, and revenue, and at the same time? If your...
The Best Medical Billing Services for Healthcare organizations
Hospitals and healthcare management professionals are facing a lot of hassles when it comes to settling payments with regard to insurance. Even though caring for patients’ health is the top priority, multiple other items also play a key role in healthcare facilities. After all, if healthcare facilities not able...
Are you losing Revenue in RCM Cycle?
Seven factors why you are losing revenue in the RCM cycle: Are you a successful healthcare provider yet struggling to streamline your revenue cycle? Does your organization have the right skill set and bandwidth to objectively assess your revenue cycle processes and comprehensively identify potential pitfalls? It’s evident from...
HOW TO EFFECTIVELY REVIEW YOUR REVENUE CYCLE PROCESS
Revenue Cycle Management Services. Health systems, hospitals, academic medical centers, and their physician practices are under pressure to improve the quality of care while simultaneously facing declining reimbursement, margin pressure, and increased risk. For many healthcare organizations, maximizing revenue cycle efficiency and improving the areas of medical billing, medical...