Can Cost Management Help to Improve your Revenue Cycle Actively?

As an aftermath of the drastic regulatory changes the healthcare industry has undergone in the past couple of years, a large number of physicians and healthcare providers are still trying to find ways to improve their revenue model. Having seen steep downward slopes in their annual revenue lately, many practitioners have been driven into desperation […]

ICD-10 – 5 Things you must know

International Classification of Diseases, 10th revision; simply put ICD–10 (the full form does put a separate ring to it!!!) is set be implemented in October 2015 and there is no better time than now to understand what it means and how it is going to affect the physicians. The most important aspect they need to […]

Factors that Influence Patients to choose a Hospital

Health Insurance Coverage - Influence Patients to choose a Hospital

While choosing a hospital, there are many factors to consider because healthcare plays a major role in the life of all. At the same time, there is no denying the fact that some hospitals provide comprehensive and better services than the rest. With advanced technology, trained and qualified staff, quality, convenience, and state-of-art facilities, the […]

ICD10 – Funny Accidental Codes Part 2

Do you know what happens when a patient walks in with an injury occurred at the beach or on a tennis court? Add to this the pain of going through billing their insurance. It is not every day that you would bump into a lighting pole or get bitten by a turtle. The new codes […]

Why does your Staff Fail to Collect Revenue from Patients?

After 25 years of training medical practice staff how to successfully ask patients to pay at the point of service, there are many common excuses that we hear when staff members fail to collect Revenue from Patients. As per the Consumer Financial Protection Bureau (CFPB) report released in December 2014, 43 million citizens have overdue […]

ICD-10 – Funny Accidental Codes

There also are times when you fall or hurt yourself that is rather embarrassing or funny to explain. Nevertheless, such situations do occur and there are consequences to endure. Bumping into another individual or an object, only because you were too busy looking into your mobile phone screen, may call for a trip to the […]

List of reports you must have for your Practice

Medical record is a systematic documentation of a patient’s medical history during the time he/she has been under a particular doctor’s care. This is extremely crucial in determining the appropriate course of medication and for offering a quality health care.

Factors that affect your Medical Billing Revenue

We recently conducted a survey on more than 1000 practices across Ohio, Delaware, Florida, Texas and New York to reveal four problem areas that lead to revenue dip for practices. The Survey was basically conducted to identify common issues in the revenue cycle. Below is the info graph representing the data we gathered from the […]

Don’t Let Medicare Pay Cuts Impact the Bottom Line of Your Practice

Recent reports submitted by the Department of Health and Human Services implying an approximate 21.2% cut in the rate of Medicare reimbursement, has come as shocking news to all healthcare providers, across all the states. Caught amid a wounding state of affairs in terms of medical reimbursements, many doctors have chosen to stay away from […]

Question to Ask Your Medical Billing Company in 2015

Are you among the practices that have outsourced your medical billing services? If yes, you need to ensure that your billing vendor is prepared to help your practice sail through revenue challenges scheduled in 2015. Here are few questions that you need to ask the billing company and assess whether or not they are ready […]

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