Practice Consulting Companies in Chicago
Discover top practice consulting companies in chicago that supply expert strategies for enhancing efficiency and growth in healthcare, legal, and business firms.
How to Optimize Operational Efficiency and Improve Profitability in Practice Consulting Services
Handling the finances while also taking care of the patients can be a headache. Therefore, having an expert team trained to deal with medical billing and collection can be a rewarding investment for your practice.
Innovations in Patient Payment Plans: Enhancing Collections with Flexible and Patient-Centric Solutions
Discover the latest innovations in patient payment plans that are transforming revenue cycle management in healthcare.
Medical Documentation with EHRs Important in Practices
Discover the importance of medical documentation with EHRs in healthcare practices. Digital records can be utilized to improve accuracy, efficiency, and patient care.
What are the Leading Practice Management Software Platforms?
Practice management software (PMS) platforms help businesses, particularly in healthcare, legal, and financial sectors, streamline operations like scheduling, billing, document management, and client communication. Some of the leading PMS solutions include Clio, widely used in legal firms for case and
Common Issues in AR Management and How to Overcome them
Accounts Receivable (AR) management is crucial for maintaining a healthy cash flow in any business, especially in healthcare. Common AR issues include delayed payments, claim denials, incorrect billing, and lack of follow-up on outstanding accounts.
Importance of Claim Denial Management Audits
Claim denial management audits are essential for healthcare organizations to maintain financial stability and operational efficiency. Denied claims can lead to significant revenue loss, administrative burdens, and delays in patient care. Regular audits help identify patterns and root causes of
Denial Prevention is the New Denial Management
Denial prevention and denial management go hand in hand in ensuring a smooth revenue cycle for healthcare organizations. Preventing claim denials before they occur is the most effective way to manage them. By identifying common denial reasons, optimizing coding accuracy,
10 Ways How Practolytics Can Maximize Your Practices Reimbursements in 2022
In today’s fast-evolving healthcare landscape, maximizing reimbursements is crucial for a practice’s financial health. Practolytics, a leading revenue cycle management (RCM) solution, offers tailored strategies to optimize collections and improve cash flow.
Best Practices on How to Collect Patient Balance
Efficient patient balance collection is crucial for maintaining a healthcare provider's financial health while ensuring a positive patient experience. Clear communication is key—providers should educate patients about their financial responsibilities upfront by offering detailed cost estimates and transparent billing policies.
Lag Days – Why this is an Important Metric to Track for Practice Owners
This article will explore the lag days why This Is An Important Metric to Track for Practice owners and learn how to improve cash flow.Read for more information
10 Healthcare Podcasts You Must Need to Listen in 2022
Find the top 10 healthcare podcasts you must need to listen in 2022. The increased interest in everything healthcare resulted in the popularity of healthcare podcasts.
Roles of Your Front Office and Billing Staff to Avoid Costly Mistakes
Learn the essential Roles of Your Front Office and Billing Staff to Avoid Costly Mistakes to ensure accute patient information for efficient billing process.
10 Ways to Increase Your Patient Retention in 2022
Patients choose a practice to visit frequently based on several factors, and improving these factors can significantly improve your patient retention.
10 Tips to Grow Your Medical Practice in 2022
Discover 10 Tips to Grow Your Medical Practice in 2022 to attract more patients,improve efficiency and to boost revenue cycle for your healthcare practice.
Patient Balances – Best Practices a Practice Should Adopt to Avoid
The insurance industry has gone through a drastic change with more and more patients paying higher out-of-pocket expenses than before for their doctor’s visits.
Importance of Collecting Copay and Coinsurance Upfront
Revenue management in medical practices is a tricky task as you have to deal with insurance payouts and patient payments such as copay in case the patient has no insurance.
Why a Practice Should not Hesitate to Use a Collection Agency to Collect Patient Balances
Patient balances should be collected either at the point of service or on a set due date, not too late after the appointment.
Payment per patient – Are you tracking this important metric to measure the success of your practice?
Payment per patient plans are generally more efficient and patient-friendly than other plans being used.
Importance of Digital Marketing – How to market and attract new patients to grow your healthcare practice
Here we will be discussing some points focusing on how to market and attract new patients to grow your healthcare practice
Cancellations and No-Shows: How does it affect your practice?
Handling no-shows, cancellations, appointment reminders seem easy, and patient instructions may seem easy but require
15 things your practice must do to keep your patients happy
Taking care of patients and providing them with the best healthcare possible is most likely your main goal.
AR Days – What this Number Means for the Health of your Practice
As a practitioner, you want to be able to provide the best healthcare to your patients and while your intentions are good
Reputation Management – How to Manage Your Practice Reputation in this Digital Age
To make it easier on you, mentioned below are simple and basic steps that you can take to help your online reputation.
Role Of Front Office Staff In Keeping Your Practice Reputation And Financial Health Safe
Here we will look at the characteristics and responsibilities that are executed by front office staff to keep your practice reputation and financial health safe.
12 Things A Practice Must Do To Maximize Reimbursements
Here we list 12 points that a physician or an institute should focus on to maximize reimbursements.
Planning to Outsource Your Medical Billing? 15 Things You Must Ask Your Billing Vendor for Successful Transition of In-house Billing Operations
Evaluating your medical billing vendor before outsourcing their services is key to the success of your project for your practice.
Effective Denial Management Process To Keep AR Practices Survive
Optimizing accounts receivable (AR) in medical practice demands rigorous attention to detail while making insurance claims.
No Surprises Act – What You Need to Know About This? How it Affects You as a Practice?
The No Surprises Act is the outcome of efforts to reform payments for health needs. This blog explains all you need to know about the Act and its impact on your practice.
How is Telemedicine (Teletherapy) Changing the Business Landscape for Behavioral Practices?
Discover how telemedicine is changing behavioral practices by improving access, enhancing care, and streamlining patient-provider communication.
Importance Of Patient Engagement And Role of Social Media And Its Influence on Clinic’s Success
Patient engagement involves healthcare providers working with their patients to ensure health improvement. It is an effective healthcare decision to
Effects of Patient AR Build Up On Your Practice – Best Practices to Set Your House In Order
If you’re looking to build up on your practice or set your house in order, here’s your luck. In this post, you’ll find all you need to know about account receivable, and more. Keep reading.
Importance of Timely Collection of Patient Balances on Practice Financials
Handling the finances while also taking care of the patients can be a headache. Therefore, having an expert team trained to deal with medical billing and collection can be a rewarding investment for your practice.
Ways to Improve Your Healthcare Business Revenue Cycle Management
Every healthcare provider is in an endless quest for finding means to improve healthcare revenue cycle management for their practice. Here are some ways
Major Challenges in Documentation & Coding for Pain Management Services
In this blog, we discuss the major challenges encountered in documentation and coding for pain management services and the solution to each challenge.
How an Experienced Spravato Billing Provider can Boost Your Revenue Cycle
When in doubt, seek expert help. An experienced Spravato biller can help your Spravato practice flourish. Here’s how.
Top 10 Medical Billing Audit Checklist
Follow this steps for Top 10 Medical Billing Audit Checklist to identify errors, claim rejections and to improve your billing process. Visit our website for more info.
Top Mistakes in Credentialing Process that Cause Revenue Loss for Medical Practices
Find the Top Mistakes in Credentialing Process that Cause Revenue Loss for Medical Practices to avoid errors and to improve revenue and compliance,
10 Ways to Improve Your Billing Process
Explore the 10 ways to improve your billing process to streamline workflows, reduce errors and improve cash flow to improve your medical billing system.
In-house Medical Billing vs. Outsourced RCM
Compare in-house medical billing vs. outsourced RCM to find the best fit for your practice. Discover cost, efficiency, compliance, and revenue impact insights.