Accounts Receivable (AR) Archives

Wound Care Billing Metrics: Every Physician Should Know

Discover essential wound care billing metrics every physician should know to enhance revenue cycle efficiency, minimize claim denials, and maximize practice profitability. Q1: What is the First Pass Resolution Rate (FPRR), and why should I care as a physician? The FPRR measures the percentage of claims approved and paid upon the first submission. Industry benchmarks […]

Old AR Recovery Services for Physicians Group

Understanding Old AR Recovery Old accounts receivable (AR) can significantly impact a physician group’s financial stability. Recovering these unpaid claims is essential to maintaining cash flow and optimizing revenue cycle management. MBC specializes in providing tailored solutions to recover aged claims effectively. Challenges in Recovering Old AR Complex Insurance Denials Aged claims often face denials […]

Overcoming Wound Care AR Challenges: A Q4 Survival Guide

The fourth quarter is often a critical time for medical practices, including those specializing in wound care. Managing accounts receivable (AR) becomes increasingly challenging as the year ends. This guide will help you deal with the complexities of wound care AR challenges, providing essential billing and coding knowledge, and strategies to enhance your practice’s financial […]

Top 3 Strategies to Seal Revenue Leakage Gaps in Cardiology Billing

Revenue Leakage Gaps in Cardiology Billing Around 20.5 million adults in the U.S. are suffering from coronary artery disorder, as per the Centers for Disease Control and Prevention. Therefore, cardiology is one of the extremely demanded, stressful, and highest-paid specialties. However, great demand and massive income are pointless if a cardiology practice has Revenue Leakage […]

Enhancing Legacy AR in General Surgery Practices

The efficient handling of legacy accounts receivable (AR) in general surgery operations is a chronic challenge for general surgery practices, affecting revenue and operational success. This article explores modernizing AR procedures by incorporating industrial practices and scientific research, acknowledging the need for improvement. General surgery clinics face issues due to inefficient operations and lost income […]

A Closer Look at Medicare Advantage and Medicare Supplement

Physicians’ Perspective: Understanding the Choice In the realm of healthcare, the decision between Medicare Advantage and Medicare Supplement plans is a significant one for seniors. Physicians, as guides in this decision-making process, offer valuable insights into the complexities of “Medicare Advantage vs. Medicare Supplement.” Grasping the Basics: A Physician’s Guide Choosing Wisely Physicians stress the […]

Strategies for Managing Legacy AR in US Healthcare Billing

US Healthcare Billing Healthcare organizations in the US frequently keep track of unpaid payments owed to them by patients or insurance companies for their healthcare billing services. These outstanding payments are entered into the accounts receivable ledger. Some of these overdue payments may become more diﬃcult to collect over time when US Healthcare Billing systems […]

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