Finance

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.

Non-physician practitioners, such as nurse practitioners and physician assistants, can save time and money, but know how to bill for their services.

Addressing a patient’s ability and willingness to pay for services upfront can go far towards a practice’s financial health.

This month's coding questions tackle the issue of problem “status,” TCM codes, and "quality" coding.

Two DOJ cases provide important reminders to physicians on listing the proper provider for claims and to meet testing guidelines.

Affecting real change with clinical or claims analytics isn’t about getting the right report, it’s about asking “How?” and “Why?”

A few easy-to-fix mistakes lie behind most denied or returned insurance claims.

Money can leak out of practices in surprising ways. Analyzing your data can show where you’re losing income.

Here are nine tips that can help physicians maximize revenues and sail smoothly through tax season into next year.

Coding expert explains why we don't typically see a 99397 and an AWV, and why Medicare discourages this from happening.

What is time-driven activity based cost accounting and how does it help your practice understand the cost of seeing a patient?

An in-depth look at some of the most common billing mistakes in health care and what practices can do to avoid them.

Daylight Saving Time is good time to check on things at the office, such as batteries and old equipment that need replacing.

Medical practices are carrying more financial waste than they realize, according to experts. Here are a few areas to trim the fat.

Look at the easy stuff to reduce the cost of overhead at your practice and go from there. There's a lot of money to be saved.

As more and more payers offer value-based contracts, how can practices negotiate favorable terms in this strange new territory?

Physicians have to jump through more hoops than ever to be paid. Is there an end in sight?

Every penny matters in health care, so be sure physicians and staff have a grasp on how that money flows through the practice.

Healthcare organizations are always looking to save money, but physicians rarely know the effect of their treatments or medications. Here's how to change that.

There are two ways to grow your medical practice. The first is to acquire new patients. The second is to retain your existing patients.

In this month's coding column, our expert answers whether or not you need to include vitals when coding a patient encounter.

If you aren't a patient isn't on your insurance panel, for whatever reason, how can you expect to be fairly paid?

You don’t know how much money you have in the bank. What if I told you, you can calculate a projection of your inflow for this month?

In this month's coding column, expert Bill Dacey says requirements around the new code 93793 are unknown.

Stay on top of your collection practices using training, technology, and communication.

Identify those small, insignificant areas of lost revenue; you'll be surprised how quickly these areas will add up.

Dr. Melissa Young shares with us why January is her least favorite time of the year - from cold weather to unmet deductibles.

Readers' favorite practice management "Pearls" articles from the past year to help improve their practices.