Many cardiology practices are struggling to achieve their financial goals in recent years. Since many practices are growing in size, overhead costs have also increased as a result. Practices are trying to find ways to increase payment reimbursements to help… Read More
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How Hospitals Can Improve Their Billing and Collections Processes
All medical practices need to have clear collections and medical billing processes. In 2018, many hospitals are struggling to collect payments from not only patients, but insurance companies too. It can be argued that this is getting increasingly more difficult… Read More
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How Can Big Data Benefit My Private Practice?
In recent years, many physicians have grappled with the decisions of handing over their practices to hospital chains or medical groups to alleviate the burdens of billing complications and confrontations with insurance companies. While this point is cited as the… Read More
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Who Is In Favor Of Co-locations?
In the world of healthcare, the term ‘co-location’ refers to a medical facility which contains multiple entities. In other words, at a co-location facility, you may not need to drive to other locations in order to receive the care that… Read More
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Medical Credentialing Best Practices
Before a new medical practice can offer its services to patients, it needs to become connected with insurances companies in order to receive financial reimbursement. To put it simply, credentialing checks a doctor’s credentials before they start working at a… Read More
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3 Common Revenue Cycle Management Mistakes
How would you rate the revenue cycle management (RCM) of your organization? In a lot of ways, RCM is key to the financial success of a medical practice. It is important to remember that the revenue cycle has changed significantly… Read More
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4 Ways To Improve Your Medical Billing For Your Patients
Are you looking to improve the medical billing and claims process of your medical organization? It can be challenging to manage your billing procedures, patient accounts, as well as your practice revenue. Not only is it time-consuming, but it can… Read More
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Three Tips For Cardiology Billing
Healthcare billing often poses a variety of challenges. Since revenue cycle management is such an extensive process, there are usually issues that can occur along the way. If you are a Cardiology practitioner, consider the following for enhancing the billing… Read More
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3 Best Practices For Urgent Care Center Billing
The urgent care market is currently in an excellent financial position, and we should expect considerable growth over the next few years. However, even with that being said, for an urgent care center to be successful, they can’t afford costly… Read More