A healthcare practice is more than just a service that delivers compassionate, lifesaving care to its patients – it’s also a business. And, like any business, it needs a steady stream of revenue to continue delivering what the customers (patients) want and need. The key to maintaining – and strategically increasing – your medical company’s revenue is by using a medical practice management system ... Read More ->
Revenue cycle Management
Key Reports to Run That Help Monitor Your Billing
One issue that we often run into during our work helping healthcare operations improve their billing and revenues is that they often don't realize what a wealth of information is buried in their data. Any relatively modernized database system will contain plenty of insights that help you improve revenues or decrease billing issues... if you know where to look. These are some of the most important ... Read More ->
How Revenue Cycle Outsourcing Has Changed
Although there have always been a few detractors from the idea of revenue cycle outsourcing, it continues to be something that practices of all sizes are doing in order to free up in-house resources and to streamline the efficiency and effectiveness of their practice overall. However, there have been a lot of changes over the years when it comes to the role of revenue cycle outsourcing. How R ... Read More ->
ProMD Boosts Your Billing Performance and Increases Revenues
These are tumultuous times for the medical industry, particularly medical billing. With regulations seemingly rewritten every year, and insurance coverage fluctuating wildly, it can be difficult for healthcare providers to see all their invoices paid even in the best of circumstances. Yet, all too often, providers are contributing to their own problems as well. In our 14 years of providing c ... Read More ->
How Social Media and Online Interactions Affect Your Reputation
There have been plenty of changes to the medical landscape in the past few years, and one of the biggest involves how patients look for doctors. Prior to the 2010s, most patients simply went to their nearest clinic or hospital, depending on the severity of their problem, and allowed themselves to be guided through the system via consultation and referrals. Today, it's far different. Patients will ... Read More ->