The healthcare industry experiences challenges around the clock, given the complexity of the profession. One of these challenges comes in the form of revenue cycle management. With payer complexities, economic volatility, and ever-changing regulations, sustaining your practice’s profits can be… Read More
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How to Make Revenue Cycle Management Easier
Revenue cycle management is a highly important aspect of any medical practice. This process has to be as simple and efficient as possible so that money can flow seamlessly. Otherwise, providers might be missing out on some money, and patients’… Read More
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Solutions to Common Challenges in Medical Billing
The medical billing process is a process that’s filled with complexities that can be difficult for healthcare providers to navigate. Given the complexities of the billing process, a lot of challenges can arise throughout the billing process, and these challenges… Read More
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Comparing Traditional and Online Medical Billing
Proper medical billing is essential for the day-to-day function of any medical practice. When getting billing done, medical practices will either opt for more traditional billing procedures, or take a digital online approach to the billing process. The question becomes,… Read More
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Why EHR is Beneficial in Cardiology Billing
A lot of cardiologists throughout the United States still don’t have an EHR system in their medical facility that’s specific to the needs of cardiology billing. In this modern era of medical billing, having such technology is becoming increasingly essential… Read More
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Why Healthcare Payers Like Bundled Medical Payments
In the healthcare industry, payers are perpetually looking into solutions to minimize expenses, while also optimizing the level of care that they can offer to their patients. One of these solutions is the embracing of bundled medical payments. This type… Read More
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How Medical Billing Audits Optimize Profits For Medical Practices
Medical billing audits are an integral part of the medical billing field. They can improve the profits that practices make so that those practices can continue to operate as efficiently as possible. So, what exactly do audits do to keep… 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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Why Revenue Cycle Management is Important
The primary priority of healthcare facilities and providers is to give patients the best quality of care that they can possibly give. Not far behind in the list of priorities, however, is revenue generation. In order to bring in the… Read More
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Pros and Cons With Bundled Medical Payments
In the medical field, there are various ways to charge medical services. One approach is to use the bundled medical payment system. As its name suggests, bundled medical payments take a group of services and give patients a single charge… Read More