As a successful chiropractic practitioner, you may get exasperated at times with your facilities monthly or quarterly bottom line. Monetary reimbursement from insurance companies or patients may not be coming in as quickly as it used to. This means most of the time you and your staff time is spent on the task of chiropractic […]
The first thing any patient comes and sees in your office is the front desk. They have a simple superpower to make your practice profitable and i.e. through patient scheduling. Your Front desk ensures that all your patients coming to the practice see a smooth flowing schedule and get the required customer service. Your front […]
Streamlined business solutions in the form of revenue cycle management and medical billing are hard to get. Optometry physicians, who run a small-scale business in their locality, are finding it difficult to manage their facility owing to the high costs of the in-house accounts department. However, while choosing RCM solutions is thing stands vital, which […]
All specialties of the medical field are undergoing and experiencing a financial squeeze. This is chiefly due to increased regulations, shifting payment models by insurance payers, higher patient co-pays and deductibles, and low physician reimbursement, and claim denials/rejections for numerous reasons. Further, despite cutting other costs and improving on the billing and coding processes, it […]
In a recent survey conducted by Merritt Hawkins, a physician recruitment firm, it was found that 56% of doctors have begun to warm up to the idea of a ‘single-payer healthcare Industry system.’ Though the idea is fairly new in the US, it will ensure that the government (Medicare/Medicaid) would pay for the healthcare bills […]
A recent survey just revealed that cardiologists in the USA spend about 6 hours a day on EHR-related activities 5 hours on their practice and 3 additional hours outside the office. This has become a serious concern about the growing burden of the influx of the workflow results in burnout and in major cases cardiologist […]
Medical Claims denied is something we never wanted to see, which is equally frustrating and need to tackle the medical claim process again which is time-consuming along with it reduces your revenue for the practice over time. A recent survey suggested that an average medical practices spend over $17,000 on the calls, works on claim […]
CMS has issued the final rule for 2018 for the Quality Payment Program (QPP). The QPP program is in the second year of implementation continually trying to adjust the QPP to become more comprehensive and offer better incentives for the providers. Changes in MACRA will be affecting the reimbursement for the providers here are some […]
Are my resources performing optimally and will they perform to reduce my overhead cost? These are a few questions asked by a urologist as they gear up for the next year. Most of the urologist is looking towards the high overhead cost of running an individual practice or few urologists asked us to do auditing […]
Health insurance plans and the new bundled payment systems for physical treatments including cardiovascular procedures shift from time to time. This scenario has presented hospitals and physicians to rethink their strategy when it comes to proving services to an individual with cardiology issues. The medical billers and coders who work on such claims need to […]
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