During radiology billing reimbursement, many challenges can come about. Claim rejection can be disappointing, and extend the timeline you’re working on. In recent years, imaging centers have seen an increase in prior authorization declinations. With the rising number of processes… Read More
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Benefits Value-Based Care Can Offer Your Facility
Medical providers are taking notice of a healthcare reimbursement model that is able to reduce expenses and streamline healthcare. This is known as value-based care. With value-based care, quality is valued more highly than quantity. In short, facilities are rewarded… Read More
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Reasons That Patients Will Leave a Medical Practice
If you’ve ever worked in a medical practice, you’ve likely asked yourself why patients might be leaving your practice in favor of a competitor or if there was some way to improve the quality of the services that you can… Read More
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A Guide to Help You With the Medical Claims Billing Process
Once a healthcare provider is finished providing treatment for their patients, they start the medical claims billing process. This process can appear intimidating at first, especially whenever your medical practice does not place emphasis on paperwork or doesn’t know much… Read More
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What You Should Do Whenever Patients Don’t Pay Their Medical Bills
Regardless of industry, it’s never going to be easy handling people who aren’t paying for their services. For the healthcare industry, specifically, there are greater healthcare expenses and a rise in HDHPs, also known as high deductible health plans. Both of these… Read More
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Methods You Can Use to Collect Patient Payments
If you want to keep your medical practice well-staffed and functional, keeping a close eye on revenue is a necessity. On top of monitoring revenue, there are certain best practices you can implement that will make collecting payments much easier…. Read More
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The Good and Bad of Different Payment Models and How They Affect Practices
The Affordable Care Act, established in 2010, included a reimagining on how medical practitioners would be paid. This put emphasis on better quality at lower prices. In summary, the goal was to make the value of medical treatment better. Prior… Read More
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Cash Flow Problems Medical Practices are Facing
What can a medical practice do to improve cash flow? For all medical practices, saving money wherever you can is always appreciated. To find out where your practice can save money, though, you must first know where problems may lie… Read More
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What Electronic Health Records Do To Improve Patient Care
Electronic health records (EHRs) should be a staple for every healthcare provider. They improve the quality of care patients get as well as their safety. Similar to other health information systems, electronic health records make sure valuable data is easily… Read More
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Three Common Issues Medical Practices Make With Their Revenue Cycle
Revenue Cycle Management (RCM) is needed in order to make a medical practice as profitable as possible. A primary reason why many practices struggle with their RCM is because they are so focused on their patients, but do not put… Read More