Medical Billing News

    Net Collection Rate in Medical Billing: Understanding Your Practice’s Most Important Metric

    February 26, 2021

    For physician practices and their medical billing firms, the net collection rate has always been a metric with huge implications for financial success. But in today’s healthcare environment, it’s more important than ever before. With patients paying more for their own care and insurers looking for practically any reason to deny claims (and save ...

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    How to Embrace 'Fiscal Stewardship' in the New Era of Healthcare

    November 6, 2020

    In the day-to-day management of medical practices, the most critical concern is (and always will be) patient care. But in the evolving landscape of U.S. healthcare and medical billing services, ...

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    The Link Between Patient Engagement & Reimbursement

    October 13, 2020

    Especially in the increasingly value-based landscape of medical billing, boosting patient engagement levels is a priority of most modern medical practices. But even for those organizations that have ...

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    Your 2020 Guide to MACRA

    May 4, 2020

    In the increasingly value-based world of healthcare, providers’ success will hinge on their quality of service – not their fees and volume. The latest driver of the “value-first” evolution is the ...

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    No More No-Shows! Here's How to Promote Appointment Adherence

    March 18, 2020

    It may seem hard to believe, but missed appointments can be the top driver of lost revenue for many medical practices. Hard data on no-shows is hard to come by, but a study by the American ...

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    The Top 3 Medical Billing Issues to Watch in 2020

    March 16, 2020

    With the new year underway, there remains a multitude of question marks for medical billers and other members of the U.S. healthcare system. As 2020 marches onward, organizations need to continually ...

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    3 High-Cost Healthcare Trends to Watch Out For in 2020

    March 9, 2020

    According to the latest projections from the Centers for Medicare & Medicaid Services (CMS), U.S. health spending will grow by 5.5 percent for 2018-2027. That’s not necessarily directly due to ...

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    Risk Adjustment: Could Your Coding Strategy Be Hurting Your Practice?

    October 17, 2017

    As the healthcare industry moves away from the traditional fee-for-service model and over to an increasingly value-based landscape, the role of coding is becoming more important than ever. And you ...

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    5 Reasons Why a Medical Billing Firm is Your Practice’s Best Ally

    October 10, 2017

    As for any thriving business, your in-house people are your practice’s best asset. But no matter how talented and capable your personnel may be, they’re not enough to help your medical office ...

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    3 Tips for Minimizing Your Medical Practice’s Cybercrime Risks

    August 1, 2017

    Security-, privacy-, and cybercrime-related concerns are especially problematic for medical practices. In the event of a breach or data theft, it’s not just the healthcare organization that gets ...

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    Medical Debt Reality Check: Unpacking New Findings on Patient Responsibility

    July 25, 2017

    Inside almost any medical practice, patient collections are an ever-present concern. Since the priority of collecting every dollar from non-paying patients can consume the day-to-day efforts of ...

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    Medicare Fraud: Doctor Convicted for Multi-Million Dollar Scheme

    July 18, 2017

    Instances of fraud in the U.S. healthcare system are anything but rare. Across the entire medical billing landscape, estimates put amount of health care expenditures lost to fraud between 3 and 10 ...

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    Are ‘Bankruptcy Claw-backs’ a Threat to Your Practice’s Finances?

    July 4, 2017

    Whether it’s selecting a medical billing firm to manage the revenue cycle, minimizing your embezzlement risk with employees, or monitoring for potential cyber threats, managing your practice’s ...

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