The medical billing department in any practice serves an essential role – keeping track of the cash flow and working hand in hand with insurance providers. The work is hardly glamourous but it is essential nonetheless. Whether your billing department is running efficiently or there are few glitches, there is always room for improvement. Here are some common things your medical billing department m ... Read More ->
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7 Medical Billing Mistakes to Avoid
Medical billing mistakes can cause a cascade of problems for your medical practice and, more importantly, your patients. Recognizing common medical billing mistakes and taking preventative steps to avoid them can ensure a smoothly run, profitable practice and satisfied clients who can trust that they are your top priority. Here are some common medical billing mistakes and how you can avoid them in ... Read More ->
What Can a Medical Billing Assessment Show You?
If you’ve accessed and analyzed your company’s financial numbers today, were you satisfied with your results? According to data reported by Modern Healthcare magazine in 2017, insurance claim denials cost hospitals an average of $262 billion nationwide every year. In addition to bleeding doctors’ offices and medical institutions dry, these rejected claims can leave patients responsible for exorb ... Read More ->
How Often Should You Have a Medical Billing Assessment?
If you want your medical practice to keep growing, you need to identify any problems that are preventing that growth – and address those issues. That’s what a medical billing assessment is for. But what does a medical billing assessment entail, and how often should it be conducted? What Is a Medical Billing Assessment? A medical billing assessment includes a comprehensive audit that focuses on ... Read More ->
6 Ways to Improve Your Practice’s Medical Billing
People of every income level need medical care, but those at the lower levels may not have the means to pay when the bill comes in the mail. This can be a challenge for practices that handle their own billing because each unusual case must be handled individually and thoughtfully. Best Practices for Medical Billing If you’d like to increase your practice’s effectiveness and efficiency while ach ... Read More ->
