Billing & Collections

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Of all Wal-Mart’s innovations, the most surprising is its plan to sell EMRs off the shelf. Few private practices use EMRs - most cite cost as the biggest hurdle. Can Wal-Mart really make a difference?

I have a new practice. We have been open for three months now, and I am finally starting to see insurance payments come in. What benchmark should I use to see if we are in line with other offices?

The practice I currently work for has always billed Medicare exactly what Medicare pays. Is there a downside to doing this? Does Medicare place you in another pay bracket? It does keeps the A/R lower than if we charged our fee schedule, but I want to make sure it does not have negative consequences.

I started an urgent care clinic. The insurance companies will not recognize us even though I have gone through the expense to make the facility equal to a small ER. How do I get acceptance from the insurance companies?

Few things in medical practice can cause as much rancor as the development of a new physician compensation plan. Divvying up limited revenue bruises egos and leads to charges of unfairness - especially in oncology, with its numerous subspecialists of varying income expectations. Better know how to do it right.

If you’re trying to go broke, our list of common money-losers will get you there fast! We can show you how to tighten those nuts and bolts, and stem your cash drain.