Finance

Regardless of how 2020 may have gone for you, the great news is that you have the choice to make 2021 your best financial year yet.

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.

Physician’s Practice® presents our conversation Dan Dooley, vice president of physician services at R1—a leading provider of technology--enabled revenue cycle management—about how the pandemic will change revenue cycle management, as well as how practices can achieve financial clearance and thereby further support their patients.

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