Billing & Collections

Slideshows

Submission of incomplete or inaccurate claims results in claim denials, delayed payments, and additional work for staff. Here's how you can minimize claim denials and ensure timely payments for your practice.

12 ways practices can improve clean claim ratios  

Articles

There’s no doubt prior authorizations are a major time suck. Here are five ways to make them a little less onerous.

5 tips for making prior authorizations less burdensome 

Medical practices continue to be squeezed by increasing costs and decreasing reimbursement, emphasizing the need for better clinical coding and editing technology that can improve claims even before they’re submitted.

 Why getting claims right the first time is cheaper than reworking them 

Adding appropriate technology to your practice can have profound effects on the well-being of your operations, allowing your workforce to focus on what they do best while you concentrate on patient care.

Tackling the biggest problems with your billing

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

The leading causes of denials and how to prevent them

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

5 keys to collecting patient responsibility upfront

Collecting patient payments can be a challenge for medical practices that aren’t operating at maximum efficiency. Review some key performance indicators to identify and improve processes.

5 ways to use KPIs to increase your revenue

, III, MHA, FACMPE, is Chief Administrator of Gastrointestinal Specialists, Inc., a 31-provider practice in Central Virginia. He has been a Physicians Practice contributor for the past decade. Lucien may be reached at lroberts@gastrova.com.

A payer contract is more than a mere fee schedule. There are several other factors to consider when deciding to keep or terminate a payer contract.

Five reasons to say no to payer contracts 

Coding expert Bill Dacey answers your latest coding questions, including an inquiry on why Medicare denied an initial visit claim.

Coding questions on Medicare denials, TCM billing

Practices sometimes can’t afford to administer treatment to patients given the risk of denied reimbursement claims.