Billing & Collections

As patient responsibility increases, physician practices should consider how they can make it easier for patients to pay their medical bills.

CPAs, management consultants, lawyers – tapping into the right expert help.

Physician practices can use physician relationship management technology to recoup lost revenue and improve patient outcomes.

Substandard care can lead to reduced payments for hospitals with excess readmissions.

Community health information exchanges appear to offer many advantages, including increased revenue for physician practices.

Increase patient satisfaction and lift patient collections through transparent patient responsibility

A look at the interconnectedness of reputation management, patient engagement and value-based care.

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.