Healthcare billing includes all sorts of other subcategories. Two of these are medical billing and behavioral health billing. Each of these two types of billing has distinct traits and requirements that separate them from one another, but what exactly are… Read More
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How Medical Practices Can Reduce Revenue Loss
Any medical practice will want to minimize how much revenue loss it sustains. In many cases, however, medical practices are reactive when dealing with revenue management problems. It’s better to be proactive and prevent these problems from ever occurring. That’s… Read More
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Problems With a Fee-for-Service Model for Healthcare
In the world of healthcare, there are two main payment systems you can use: value-based care and fee-for-service. While value-based care focuses more on patient outcomes, fee-for-service is a model that’s designed to pay medical professionals based on which services… Read More
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How You Might Improve Your Revenue Cycle Management Procedures
Any medical practice is going to benefit from top-notch revenue cycle management (RCM). When RCM is optimized, it improves the bottom line of your practice. You can lower the number of rejected claims you receive, shorten payment delays, and just… Read More
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Streamline Care, Boost Revenue: Why Automate Prior Authorization?
Prior authorization aims to ensure safe, effective, and high-quality patient care, but its manual processes can be costly, time-consuming, and hinder patient care. Automating prior authorization offers numerous benefits for both providers and patients. Here’s why:
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Benefits of Hiring a Medical Billing Company
Struggling with complex medical billing? You’re not alone. Many healthcare facilities face challenges navigating ever-changing regulations and maximizing financial performance. Outsourcing to a pro medical billing company can be your solution.
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What Happens as a Result of Poor Revenue Cycle Management?
Even during the best of times, the healthcare industry could be characterized as highly demanding—and more than a little hectic. Of course, the optimization of healthy patient outcomes always lies at the heart (so to speak) of any practice’s mission;… Read More
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Tips to Promote Success in Your Healthcare Claims Audit
Coding, billing, and compliance audits are not to be taken lightly; they play a vital role in uncovering areas that prevent compliance in your claims submissions, and your revenue generation can also be impacted. That’s why you need to maximize… Read More
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Why Revenue Cycle Management Should Get Outsourced
As the years pass, many healthcare facilities opt to send their revenue cycle management (RCM) tasks to third-party companies. This might sound intimidating at first since some companies like to have complete control of their RCM processes by performing them… Read More
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More Features Needed in Healthcare Credentialing Software
If you’re in the healthcare industry, plenty of different healthcare credentialing software options are available to you. Each kind of software offers unique features to help your organization, but what features will your organization need the most? We’ve gone over… Read More