Billing & Collections

Advice for how to go solo - and be successful.

A strategic plan should be a living and breathing document. Here are 10 ways to ensure your plan is a road map to success.

Consider how you appear to a bank by reviewing your cash, credit, and character before applying for a loan.

One independent practice has improved patient outcomes, employee efficiency, and practice revenue by implementing a chronic care management program.

Every penny counts.

How to develop an accounts receivable work plan in three steps

Stay independent and profitable through the use of technology.

Sorting your paperwork into four categories will ensure that whatever you need will be readily and easily accessible.

The government is lowering its civil monetary penalties under the HITECH Act.

Denials are a painful - but preventable - financial drain on practices. 

Don’t settle for a bad deal. Boost your profits by renegotiating your payer contracts.

Don’t take ‘no’ for an answer: promptly and properly resubmitting claims is crucial to your bottom line.

Ensure your practice’s long-term health by educating patients about their financial responsibility and staff on how to improve medical billing and collections.

Before a bank issues you a loan, it will review your financial statements, your corporate structure, and how the loan will be used to make sure you’re a sound investment.

Efforts to save money may even weaken the business-and, sometimes, those weakening effects can be very hard to spot.

Take time to reassess your personal and professional priorities as well as long-term goals for your practice, then adjust your workload as needed.

Knowing your break-even point will help you plan for the future.

Consider the following types of assets when determining your own defensive needs and exactly what you have to lose if you don’t act.

For many, retirement will be a long process of gradually winding down work hours and responsibilities rather than a firm date.

Six tips that can help physicians collect on services not covered by third parties.

Improve your medical collections by communicating your policies up front.

As the healthcare landscape continues to evolve, so do funding opportunities.

A merger or acquisition may look perfect on paper, but it’s the people who ultimately guarantee its success - or failure.

Current events once again illustrate the wide range of legal and physical threats to physicians' assets. 

Successful doctors face a wide variety of risks outside their practice walls. These are some common recurring seasonal legal and financial risks you can manage before spring break.

This year more than ever, a sound financial move would be to sort through the new tax changes carefully to determine exactly how they will impact you and identify smart moves for 2019 and beyond.

Once the deal is signed on the dotted line, it’s make or break time for merging two medical practices. Here’s how to ensure the acquisition doesn’t fall apart.

Medicare’s new G2012 code for virtual check-ins may lead to cost savings. It could also cost patients money and potentially cost providers in patient satisfaction.

Three ways medical practices can manage opportunities for bundled episodes of care.

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.