Finance

As 2021 begins, it presents both familiar risks and new challenges never experienced in the lifetimes of most Americans. We start the year by reviewing key measures to help you to manage and survive both.

Three key advantages of a revenue cycle partnership.

The year’s end provides the perfect opportunity to review your financial life and make sure you are on track towards your goals.

Stay ahead of regulators, proactively address growing consumerism demands, and provide patients with price transparency before it is required.

Working with a physician-friendly advisor is crucial for healthcare professionals.

Risks involve both legal and competitive aspects of your business.

How credit cards can benefit a practice, who should have access, and when to apply

Loan supplies have been changing throughout the pandemic

2021 EM guidelines turn some traditional 99213s into 99214s.

Financial support available for physician practices during COVID-19

Precise patient documentation is critical to communicating a patient's condition, organizing their healthcare records, and facilitating payer reimbursement

How providers can increase revenue faster during COVID-19

Physician practices that are engaged in any purchase or sale of stock or equity must be sure to comply with the requirements tied to funds that were loaned or granted during COVID.

Watch this before negotiating with payers

The CARES Act’s amendment to the Net Operating Losses rules can provide some additional liquidity and potential tax rate arbitrage in a time of need.

What anesthesiologists can do to communicate coverage complications to patients

Authors in a recent article published in JAMA Open suggest fee-for-service payments are too unstable and offer examples for its replacement.

The complication of primary care and anesthesiology practices not covered by insurance providers

R1 measures roughly 39 metrics in the financial clearance process. What’s more important is setting up in-process and outcome metrics. Learn more from our discussion with Dan Dooley, VP of physician services at R1.

Automation can increase efficiency and adherence to the financial clearance process

Front-desk embezzlement schemes are typically the result of loose collection protocols and minimal oversight. Don't be caught lacking

Adhering to best practice points to optimize collections from insured patients is a constant necessity

Dan Dooley, VP of Physician Services at R1 outlines four key components of building financial clearance

What financial clearance means and the three core parts of the process in determining financial clearance.

Without the proper tax planning strategies in place, a physician could face some costly and unwanted surprises.

Physician practices can adjust to post-COVID19 revenue cycle management practices

CDI can be a critical initiative that not only increases reimbursement revenue but also enhances the patient experience.

With the election around the corner the country may be in for some significant legal and political changes that can affect physician’s assets.

Patient lending programs give patients more options for payment and can increase the amount of care a physician can provide

Despite advantages to private practice, fewer physicians are choosing to open their own practice than ever before.