Finance

Don’t forget your practice’s billing and collections when writing your New Year’s resolutions. 

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.

How CMS’ final rule will affect documentation, time-based billing.

Before heading to the table, draft a game plan to be a tough negotiator with payers.

It’s important to remember what you bring to the table before negotiating payer contracts.

If you keep a few basics in mind, it’ll be easy it easy to pick the perfect spot for your next space.

Here are a few things to keep in mind when seeking financing for a new practice location.

This month’s coding questions look at how timing plays a role with annual checkups and the stipulations that must be met for coding by time.

Expert advice for turning your back office staff into billing and collections all-stars.

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

If you need financing or a line of credit, it pays to find a bank with medical practice expertise. Here are five questions to help you evaluate potential lenders.

Embrace electronic billing and electronic verification tools to improve your billings and collections.

These tried and true tactics can help you improve your billings and collections-without the need for a computer screen.

Unfortunately, preventative care doesn't prevent physicians from dealing with reimbursement woes.

How to meet patients wherever they are-and ensure you can get paid for telehealth and virtual check-ins.

Nurse practitioners, physician assistants, and other advanced practice clinicians may have different coding requirements, adding another layer of complexity to the coding process.

A look at recent lawsuits the U.S. Department of Justice has pursued for illegal upcoding, downcoding, and excessive coding claims.

The lesser known follow-up to Dan Brown's international best seller, "The Da Vinci Code," is ICD-10,  featuring less clues but plenty of confusing codes. Get your hands on a copy today!

Take time to clarify the midpoint rule, review CMS’s proposed guidelines for Evaluation & Management, and ask why you’re being instructed to change billing codes.

Four simple steps can increase collection of patient balances while also preserving the practice-patient relationship.

Collecting money from patients is a part of practicing medicine. Here’s how to do it legally.

Most patients want to pay their bills. Here’s how you can make it easier for them to do so.

Coding expert Bill Dacey explores coding for ongoing wound care and unexpected, extended care for a diabetic patient.

Integrating your EHR and practice management software is easier than you think.

Thinking of integrating your EHR and practice management software? Here are four reasons why you should.

Is a phone message sufficient to use the TCM coding series? Plus, guidance on advanced care planning codes.

The decision of whether to keep billing in-house or outsource is not always about cost. It’s about the value realized for the expense and the risk of not getting it right.

In some ways, collecting directly from patients can be harder than dealing with payers. Here’s how to make it work.

Use your front desk wisely to prevent problems later in the billing cycle.

You may be able to negotiate for better reimbursement. Here’s what you need to know to improve your chances of success with payers.