Medical Billing News

    Best Practices for Analyzing Payer Reimbursements

    April 6, 2022

    Do you dedicate resources to analyzing payment accuracy? Plenty of practices don’t—and are putting too much faith in payers to reimburse in full on every claim they complete, and this good faith can lead to financial losses. Simply assuming payer accuracy is a recipe for a warped revenue cycle. Underpayments are more common than you think and it’s ...

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    Healthcare Technology Leads to Better Patient-Provider Relationship

    March 4, 2022

    A 2020 study asked, “If your doctor went out of business today, how much—or how little—would you care?” A troubling 55% of people responded that it would be inconvenient, but that they already didn’t ...

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    Top 6 Medical Practice Management Tips for 2022

    February 23, 2022

    The first couple months of each year present an important time to reflect on how the previous year went for your medical practice and what areas you can optimize or streamline for the future. It’s ...

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    How Better Patient Communication Leads to a Better Revenue Cycle

    January 27, 2022

    Every long-lasting relationship is built upon a solid foundation of communication; your medical practice’s relationship with your patients is no different! Patient communication is a tremendous ...

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    5 Types of Healthcare Revenue Cycle Management Services

    January 20, 2022

    The primary function of every medical practice is to provide quality care to its patients. However, every healthcare organization also has a critical secondary function—staying financially healthy. ...

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    What Is the Merit-Based Incentive Payment System (MIPS)?

    January 19, 2022

    If you’re a Medicare provider, then you might want to know about MIPS—a healthcare incentive program that helps gather data of quality and performance outcomes over time while rewarding medical ...

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    5 Tips for How to Prevent CMS Audits for Medical Practices

    October 12, 2021

    Part of treating Medicare patients is that your medical practice may be subjected to Medicare audits. These can lead to suspension of payments and Medicare fees if your medical practice isn’t up to ...

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    How Much Are Claim Denials Costing Your Medical Practice?

    September 9, 2021

    Claim rejections are incredibly costly - and anything lower than a 95% clean claims ratio means your medical practice is losing revenue and furthering your expenses by having to rework those rejected ...

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    The Importance of Tracking (and Lowering) Days in Accounts Receivable

    September 7, 2021

    How well do you know your cash flow when it comes to accounts receivable? Many medical practices allow their A/R metric to be a black box of misunderstanding, when in reality, it’s one of the most ...

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    Best Practices For Improving HCC Coding Accuracy for Value-Based Payments

    August 30, 2021

    As enrollment in Medicare Advantage plans increases, healthcare organizations need to be able to anticipate future healthcare financial resources and predict appropriate reimbursement for physicians. ...

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    Should Your Medical Practice Consider Hiring Non-Physician Providers?

    August 23, 2021

    Running an efficient and streamlined medical practice means you have to make smart hiring decisions. Delivering the best patient care is, of course, your top priority, but do you need to exclusively ...

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    Best Practices for Minimizing Your Medical Practice's Cybersecurity Risks

    July 28, 2021

    With so many aspects of the medical field moving to a virtual telemedicine realm, cybersecurity protocols for your medical practice are more important now than ever before. Your medical practice ...

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    6 Tips for Improving Your Patient Education Resources

    June 14, 2021

    Have you ever visited the doctor’s office and noticed the colorful poster on the wall, or left with a pamphlet in your hand? These patient education resources enhance your visit by providing ...

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