Billing & Collections

Accepting payment via credit card is one way to improve patient collections. But medical practices must take precautions to ensure that their patients’ personal information remains protected.

An independent specialty group has improved patient relations and grown the practice by investing in advanced practice management and patient engagement tools.

February 14 marks the beginning of the end for the “proposal season,” meaning that many newly-engaged couples are planning for weddings, honeymoons, and, if they’re prudent, prenuptial agreements.

In order to justify the Level 4 E/M visit, make sure you have recorded all necessary information-and clearly label it for the payer auditor to easily find.

Travel dreams to exotic locales shouldn’t be reserved for the retired. Instead of putting off travel until retirement, splurge on some exciting trips now-while you have the interest, energy, and stamina to enjoy every single moment.

Owning a medical practice can be stressful. Here are four ways to help you take back your time and focus on what really matters.

One of the most powerful and predictable layers of defense every physician must implement is a complete liability insurance program.

With the start of a new year, most of us begin making plans in all aspects of our lives for the year ahead-and beyond. Here is a helpful list of actions you can take now that will cultivate a more fruitful 2019.

Physician practice owners should start 2019 by managing these basic risks now.

The decision to buy, sell, or merge a medical practice is more complicated than ever, and physician owners must have a clear understanding of the legal structure of the potential transaction.

Consider buying your medical office building as a way to improve retirement savings beyond 401(k) contributions.

Credentialing a new provider is a tedious and slow process in which every false step or delay can cost you money. These seven tips can expedite the process.

How to boost revenue in the new year.

Revenue cycle management tips to enhance cash flow under the 2019 Quality Payment Program Final Rule.

Follow these simple tips to detect-and prevent-financial fraud in your medical practice. 

When the punishment of Sisyphus is actually preferable...

If your profit is suddenly on a lower trajectory, resist the instinct to attempt a quick fix. Here’s what to do instead. 

As some experts warn of another economic downturn, the following financial issues should be part of your recession survival planning.

Don’t be intimidated by the process of getting a real estate loan. It’s easier than you might think.

A line of credit can help medical practices weather cash flow ups and downs.

Understanding the kinds of costs, and tracking them, will help you better manage your practice’s finances. 

A few tweaks to your billing and collection routines could make a huge difference in your bottom line. 

Don’t forget your practice’s billing and collections when writing your New Year’s resolutions. 

How to make sense of the dollars and cents at a physician practice.

Physician entrepreneurs need know-how and a strategic vision to run a company. They also need to know what they don’t know so they can fill those critical knowledge gaps.