How Effective are Consultants in Streamlining Cash Flows in Clinics?

Scores of patients used to crowd healthcare facilities, especially the OPDs, creating a lot of chaos and confusion for the healthcare personnel and administrative staff. However, thanks to the efforts of consultants besides a host of other factors such as automation, new time management techniques and tools, well trained staff, etc., the scenario of practices […]

Is your Front Desk Specialist Trained for a Complex Clinical Environment?

Efficiency of a clinic largely depends on the front desk staff and these professionals can contribute hugely towards patient satisfaction. These two basic reasons call for training the front desk specialists. It has proven to not only help enhance collections but also to reduce the accounts receivables age. Medical practices should step up their efforts […]

Healthcare CFO’s Pressure Points – Discussed and Revealed

The healthcare industry, as any other sphere of business, is also fraught with new challenges that come to the fore each day. This brings about tremendous pressure for the health care personnel involved and a CFO also goes under the knife at such times in terms of dealing with operational, regulatory as well as strategic […]

Opening a New Clinic is Like Giving Birth to a New Life

Anything fresh and new is always exciting. To see one’s long cherished dream being actualized can be an out of body experience for many. All those sleepless nights, dreams, constant flow of thoughts, aspirations and asking a million questions before it all became a reality can be a fulfilling experience. Well, it’s almost like giving […]

5 Factors to Evaluate Performance of your Medical Billing Company

One cannot overlook the benefits of hiring an efficient billing company in times when healthcare reforms are forcing quite many practices to close down. If providers are well informed & careful in choosing the right company they not only can improve the efficiency of their billing system but also reduce denials and boost revenue. There […]

Is Your Practice Prepared to Balance Medical Billing and Patient Influx in 2014?

As per estimations, approximately 32 million patients will be entering the US healthcare system in 2014 due to the Affordable Care Act. More patients mean more money; however, many providers are not yet prepared to cope with medical billing and patient influx due to lack of resources. Even the shortage of physicians has made practices […]

Things Chiropractors have to Change in Their Medical Billing Process in 2014

2014, by no means, will be an easy year for chiropractic practices with changes in billing and coding regulations and standards. To meet these regulatory challenges, chiropractic services will have to change five things in their medical billing and coding process- Obamacare and its challenges for chiropractors: There is an ambiguity on how exactly Obamacare […]

Accuracy in Documentation Vital for Effective Optometry Medical Billing

Maintaining accuracy in documentation is extremely important for optometry billing. This is not only required for error-free coding, billing, claim submission and follow-ups with insurance companies but also for avoiding malpractice lawsuits. Insufficient and inaccurate documentation have cost medical practices millions of dollars. Rate of errors may have dropped for optometry practices but even a […]

Inaccurate Documentation- Common Problem in OB GYN Billing

Are your coders performing coding operations using incomplete documentation? In order to process insurance claim reimbursement in a speedy manner, coding for diagnosis and treatment procedures is usually done with unfinished documentation. Missing information results in inaccurate coding, causing revenue loss and compliance issues. Providers need to understand that accurate documentation is the basis of […]

How to Develop Medical and Billing Practices to Avoid an Audit?

Medical billing services is a nuance that has to be handled carefully to ensure financial viability and sustained profitability of your medical practice. However, most medical practitioners lack the talent and knack for ensuring administrative checks that can develop an audit-proof medical billing practice. More often than not, medical practices attract medical audits due to […]

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