September 8th 2023
Reframing collections as a continual process can minimize bad debt.
August 23rd 2023
Collecting money from patients is an ongoing challenge that has only worsened with high-deductible health plans.
August 21st 2023
Negotiate with knowledge and watch out for pitfalls with billing and side hustles.
August 18th 2023
Investing in digital solutions can automate administrative processes and elevate the patient experience.
July 31st 2023
Your weekly dose of wisdom from the Physicians Practice experts.
Physicians Practice® spoke with Kristina Hutson, a product line developer at Availity, about surprise billing events in independent healthcare practices and what owners and administrators can do to reduce the likelihood of their occurrence.
Financial distress in physician practices
What financial distress looks like for physician practices.
2021 Remote Patient Monitoring Changes: 10 key takeaways for practices
Providers will benefit most from well-tailored RPM programs designed within the current requirements that also have the means to be flexible as requirements inevitably shift.
Best Practices for Optimizing Revenue Cycle Management: Why credentialing matters
Taking a proactive approach to credentialing is vital to the fiscal health of your practice.
Robust billing software can maximize reimbursements, keep practices honest
CMS has been playing hardball regarding claims, which should keep everyone honest while saving the federal government money.
Benefits of HIPAA-compliant emails
Lower your carbon footprint, increase cost savings, and more with a legally secure messaging system.
2021 E&M Changes: Avoiding pitfalls with the right technology-enabled strategy
Extensive revisions aim to prioritize patient care information, resource-based reimbursement, and lessening the need for audits.
How the right revenue cycle partnership can address consumerism challenges
Three key advantages of a revenue cycle partnership.
Data analytics can help you understand and mitigate risk
Manual efforts to predict cash flow may leave you vulnerable to revenue problems that can quickly spiral out of control.
Preparing for price transparency requirements and patient demands
Stay ahead of regulators, proactively address growing consumerism demands, and provide patients with price transparency before it is required.
Risks and liabilities of patient lending programs
Risks involve both legal and competitive aspects of your business.
Patient lending formats differ per provider
Physicians should consider their demographic of patients when choosing a patient lending service provider.
Why the process of collection outreach matters
Well-documented processes, as well as a properly trained staff are critical for success
10 collection tactics for your high-deductible patients
High-deductible health plans are on the rise. Here are 10 methods to ensure your practice collects from patients with these plans.
How physician practices should approach collection outreach
A first-party and third-party approach can fit a particular practice’s needs
Can balance billing be used as a negotiating factor?
Watch this before negotiating with payers
Opening Your Private Clinic: What you need to know
Opening a successful private clinic is hard, and you’ll need help along the way.
Communicating coverage complications with patients
What anesthesiologists can do to communicate coverage complications to patients
Population-based payments to replace fee-for-service
Authors in a recent article published in JAMA Open suggest fee-for-service payments are too unstable and offer examples for its replacement.
MGMA 2020: Thriving through better claims and collections
How an independent practice grew through optimizations and consolidation
MGMA 2020: Optimizing ROI for Advanced Care Practice Providers
How you can optimize your care team, improve APP retention and productivity, and prepare for a financial recovery post COVID-19.
Leveraging clinical documentation improvement for post-COVID financial recovery
CDI can be a critical initiative that not only increases reimbursement revenue but also enhances the patient experience.
Getting paid for telemedicine services
Elizabeth Woodcock explains the policies surrounding telemedicine, as well as what services are reimbursable and how payment is received.
Bending the healthcare cost curve in spite of the crisis
A model for re-focusing on the value stream through your existing resource pool.
3 financial questions early career physicians must answer
Discomfort or trepidations aside, you’ll have to answer these tough, but inevitable, questions.
2021 E/M guideline and leveling changes
Why practices should not fear new coding requirements
Exploring the advantages of a Virtual Compliance Assistance Partner
More Compliance Officers (CO) are engaging in Virtual Compliance Assistance (VCA) as an affordable option to quickly adapt to the industry’s shifting regulatory environment.
Will a lack of reimbursement end the rise of virtual care?
What providers and practice managers need to do to ensure the continued growth of these services.
Reopening elective surgeries after COVID19
As you map out your practice's reopening plan, it’s important that it continues to prioritize patient care.
How email marketing can help collect delinquent medical payments
A fast and cost-efficient way to inform people about what they owe.
Protecting revenue and patient relationships during the pandemic
For patients who are struggling financially, or are simply anxious about money, anything but urgent health concerns may be pushed to the back burner.