
Medical Practice’s Financial Stability During Crisis
Here are the three strategies on how you can stay afloat financially and regain your losses from crisis.
Here are the three strategies on how you can stay afloat financially and regain your losses from crisis.
Medical costs are becoming an overwhelming burden. Many patients have been left in a state of harrowing medical debt. Now, more than ever, empathizing with the plight of your patients is key for your practice.
A patient-centric approach means you need to design a system that places the needs, preferences, and behaviors of patients at the center of the experience of healthcare.
Check out the best tips to stop these revenue leaks. Read to learn more!
Adapting to your practice’s survival has never been more critical. Learn how the global pandemic changed the medical billing process.
Clinics busy with patients, doctors and staff can gain considerable benefits by thinking about how to streamline their workflow and make key elements of the practice more efficient. One area to consider is the revenue process and whether the needs of the practice are best met internally, or through the utilization of an external billing…
Read More
Billing in the new year, 2018, can come with a range of challenges for any size practice. From the extensive administrative burden of billing, to the time taken to get authorization from insurers, and preparing complex patient statements; it can be a difficult time that feels like a heavy weight on your back with ‘significant…
Read More
The efficiency of the your practice’s revenue cycle can have a critical impact on financial performance, and effective management of the cycle is of utmost importance to your practice. However revenue cycle management within health practices is becoming increasingly difficult, with greater administrative responsibilities and regulatory pressures. This article outlines the problems practices are facing…
Read More
Transform Your Practice Into a More Efficient One With Higher Revenue Billing is an extremely important part of operations for a medical private practice, and a quick and efficient billing process is a key driver of revenue. In order to ensure that your doctors are paid for their services, two main things must happen: First,…
Read More
For the most part, medical billing companies are designed to offer a generalized service to all types of medical practices. Not distinguishing between the various different medical fields, these companies offer a broad “one size fits all” kind of approach when it comes to the billing services they provide. This approach, though beneficial to them,…
Read More