How Will Patient Engagement Affect Your Value-based Reimbursement?

Patient Engagement is an invitation for participation with shared decision-making and to create a take on aspects of communication-channels which will provide the patients the benefit of managing their own health under the care of physicians or with the member of the healthcare team. An activated or engaged patient will provide the healthcare system with […]

OB-GYN Billing: The Cross Road Between Over Coding and Perfect Coding

Efficient billing practices enable stronger financial health for OB-GYN billing with appropriate reimbursement being at the forefront. The focus is to ensure denial of free claims and a subsequent increase in revenue for OB-GYN Billing, has been significant for the clients. Gain an edge over the competitors with a smooth billing process that will leave […]

How can Physicians Improve AR Days?

For you to improve the accounts receivable (AR) of your practice there are many different factors that come into consideration. Your quality of patient care is one such important factor that will contribute to attracting more patients. To improve the patient care for your practice things need to be systemized; we have to sync the work […]

Tips to Calculate Payer and Gross Collection Ratio in Accordance with MIPS for Your Podiatry Facility

The net collection rate is an essential medical billing metric to measure the ability of your practice to collect the money it owes. let’s understand why it is important to know Payer and Gross Collection Ratio for Podiatry with respect to MIPS. Podiatrists will not be able to succeed within the MIPS payment structure without […]

5 Tricks in Medical Practice’s to Improve your Accounts Receivable

Insurance companies are increasingly inventing complex and new sets of rules for the medical procedure which has resulted in loads of denials and underpayment. Doctors and pharmacists are increasingly finding it difficult under the ever-changing federal laws for practice and drugs. The recent data will also show the plight of doctors. Your Improve your Accounts […]

Importance of Reviewing your Medical Practice’s AR Aging Report

It’s pretty much obvious that you as a medical practitioner know the importance and impact of claims getting denied and knowing your billing team is following on them. However, one critical element to understand here is have you arranged your AR into buckets based on the number of days they’ve remained unpaid? Your biggest claim […]

Formula for Improved AR: Connecting Physicians with Medical Billing Companies through Correct Dashboard

Your patient’s schedule is piling at the seams. Providers have already added and yet, your cash flow is not up to the mark or say slow. So where is the cash? Take a good look at your accounts receivable (A/R) process. You may find that efficiency is lacking and overwhelmed staff is hindering revenue growth. […]

How to keep your Practice’s Accounts Receivable on Track?

Based on the credible estimates by Medical Group Management Association (MGMA), practitioners fail to collect as much as 25% of their accounts receivables on an average, owing to a host of reasons, particularly the various complicated rules of the Insurance Companies. The rules that have turned complicated with time often lead to high risk of […]

How to Improve Medical Practice Collection and Decrease Account Receivable Days?

Revenue cycle management is one of the key requirements for improving and properly managing the medical practice collection. Apart from adopting different ways to decrease the accounts receivables days and improving medical practice collection, creating medical billing reports and understanding the general rules pertaining to the process of billing and account receivables are also imperative. […]

Are you Struggling with Pending AR and Billing Challenges?

Are your billers trained in collecting receivables? Does your practice collect insurance and patient balances efficiently? These are some of the important questions every physician should have an answer to. According to research conducted by the Medical Group Management Association, better performing practices generate more revenue, create operational efficiencies, ensure provider productivity and collect receivables […]

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