Finance

If your medical practice wants to get paid for services, do not accept financial responsibility for medical expenses that your patients incur.

Test your patient collections knowledge with our interactive quiz, featuring claims and denial data from RemitDATA from the fourth quarter of 2014.

Over the summer CMS added four new modifiers that will require a much greater degree of specification when coding surgical procedures.

Just a few changes in your operations can create a whole new atmosphere for your patients and encourage them to return to your practice.

In early 2015, your first tasks to prepare for ICD-10 should be reviewing your budget and effectively communicating the code set change.

Now is the time to act to prevent claims issues, including denials, due to ICD-10. Here are four tips.

Don't let money slip out of your practice in the form of poor collection policies. Here are seven ways to maximize your revenue.

Knowing payers' timely filing deadlines can increase your revenue. Here's how you can work around them.

Patient deductibles have gone from getting patients' "skin in the game" to being "skinned alive." Their problems are physicians' problems.

There is no time like the present to review your patient payment strategy. Here are 11 questions every practice should consider.

If your medical practice is among those only partially ready or just in the initial stages of an ICD-10 transition plan, it's time to get moving.

Having a solid plan in place and not panicking is key when you find yourself suddenly out of network with a popular insurance company.

Q: When a patient has been admitted and discharged on the same day, can one note support a same day admit/discharge code?

Revenue cycle management can be the key to boosting the financial performance of small medical practices. Here's how.

Six factors to consider when determining whether outsourcing revenue cycle management is the best move for your medical practice.

There's no more putting it off. If your practice hasn't started preparing for ICD-10 it's already behind. Here's how to catch up.

Finding the best resource to pull together and analyze pertinent practice data is a great step in making the best decisions for your business.

Outsourcing your billing to a third-party billing company doesn't have to hurt. Good communication is key; here are the important questions you should be asking.

Patient deductibles will continue to rise to record levels in 2015. Here's how to prepare your practice.

Stepping up ICD-10 preparations should be a top 2015 resolution for many medical practices. Here are four tips.

CMS has finally given physicians a glimpse of its plans to expand reimbursement for telehealth services provided to Medicare beneficiaries.

Start 2015 off on the right foot. Here are 12 ways medical practice experts say your practice can collect more from patients.

Rarely does the federal government hand physicians a tool that makes life a little better. That’s what OIG Opinion 12-22 does, and now data backs up the theory.

When creating year-end reports, it's best to keep a positive outlook and prepare to propose solutions.

If you're considering concierge medicine, do you become a DIY-er, or do you look to experts?