April 16th 2024
With the right strategies, independent practices can ensure they are financially sustainable while continuing to provide high-quality care to their patients.
April 12th 2024
To help practices prepare for their value-based care transition, here are three top considerations for success.
April 3rd 2024
Generation Z is driving changes to patient engagement and payment.
March 29th 2024
Navigating payer denials requires the most expertise to handle within revenue cycle management
March 26th 2024
Cash-based health care is a win-win for vulnerable groups and primary care providers.
Monitoring ICD-10 Post-Implementation Issues
ICD-10 is here, so be sure your medical practice is addressing all related issues to avoid a hit to your bottom line.
Detailed Coding in ICD-10 Avoids Revenue Headaches
Avoid problems with reimbursement through accurate and specific coding in ICD-10. Here are some tips to do that.
ICD-10 Transition: Monitor to Catch Problems Early
Even if you haven’t seen an uptick in denials, the ICD-10 transition could affect your bottom line. Here are some ways to ensure that doesn’t happen.
Quality Programs Physicians Should Heed
Do yourself a favor: participate in as many quality programs as make sense for your practice.
Chronic-Care Patients: Easing the Burden on Physicians
A new billing code allows docs to be reimbursed for non face-to-face care for patients with two or more chronic conditions lasting 12 months or more.
Physicians Contract with Self-Funded Employers
Some medical practices are cutting out insurance companies and providing services directly to employers, thereby reducing overhead and cost to patients.
Exporting EHR Data to Excel Improves Finance Reporting
Exporting EHR data into Excel gives practices more flexibility to track trends and improve upon issues in the revenue cycle.
Using Trends to Maximize Practice Financial Reports
Looking at daily, weekly, and monthly revenue cycle reports doesn’t do much on its own, unless you compare them and track trends.
Most Commonly Unexpected Denied Procedures: Aug. 2015
What were the top five most commonly unexpected procedures that were denied in August? RemitData laid out all the answers in this infographic.
Co-opt Patients into Your Collections Process
Practices can no longer afford to be remiss about collecting outstanding patient balances, as high-deductible health plans are forcing patients to pay more.
Roles of Staff, Technology in Patient Collections
Developing better patient collections processes depends not just on good staff policies and training, but the newest in HIPAA-compliant technology.
For Practices, the ICD-10 Roller Coaster Has Just Begun
The challenges of ICD-10 are only getting started with denial and claim error rates set to rise. Here’s one way to avoid these travails.
Calculate Your Medical Practice's Social Media ROI
Wondering if social media marketing is worth it? Here's how you can determine your ROI for time spent on social media.
Why Our Independent Practice May Be at Its End
Unconventional choices in the past steered us to success in the present. But it’s the future that's looking murky for our independent practice.
ICD-10's Potential Effects on Your Revenue Cycle
The upcoming coding change requires reimbursement monitoring by practices and perhaps a review of claims appeal processes as well.
Training Staff on Tech Tools Optimizes the Revenue Cycle
The most successful practices prioritize training of technology tools to optimize the revenue cycle. Here are five tips to keeping staff up to speed.
Five Tech Tools to Help Boost Revenue Cycle Performance
Most practices are not taking advantage of the tech tools their EHR offers that can help them in the revenue cycle. Here are five to know.
Deal or No Deal: Getting Medical Payers to Pay
Medical billers can feel like game-show contestants when trying to collect payment from insurance companies.
What to Look For in Revenue Performance Data
Once practices have reports on their financial data, they should know what to look for and when to suspect underlying problems.
Five Areas to Measure to Achieve Revenue Goals
To achieve revenue growth goals, practices should look at these five key areas and see where they currently stand.
Nine Reasons to Use Direct Deposit for Payer Remittances
Here are nine good reasons to receive all in-network payer remittances via the Automated Clearing House system.
Ten Tips to Getting Paid at Your Medical Practice
Patients and payers are your two main practice revenue sources. Here's how to collect more for the work you do every day.
Asset Protection: How Many LLCs Do You Need?
A common and recurring question I get from doctors is, "How many LLCs do I need?" The best answer requires a fact specific look at your assets.
IT Vendors Can Be Practice Allies in Payer Relationships
Practice-payer alignment is more important than ever before and should involve a third party: your health IT vendors. Here's why.
Six Ways to Manage Your Medical Practice's A/R
Taming your practice's accounts receivable can feel very overwhelming. Here are some great tips to make that task nearly effortless.
Practice Staff: The Most Valuable Revenue Cycle Asset
Well-trained, happy employees help the revenue cycle run smoothly. Here are some tips to ensure happiness happens.
Everyone Plays a Role in the Revenue Cycle
Experts weigh in on how effective teamwork can boost the bottom line. Here are five tips to developing a winning strategy.
10 Reasons to Outsource Medical Billing
It makes good business sense to outsource the billing for most medical practices. That said, the outsourcing must be to a competent billing service.
Finding Hidden Revenue in Your Fee Schedule
By reviewing your fee schedule and comparing it to accounts receivable, you may find hidden money that you didn't know about.
The Front Desk: Your Defense Against Claims Denials
Incomplete or inaccurate patient information can set the stage for a claim denial before a visit. Avoid these mistakes at the front desk.