How Business Intelligence Transforms Healthcare Practice Revenue

Informed decision-making is a key component of revenue cycle success in any healthcare organization, from laboratories and urgent care centers to behavioral health and orthopedic practices. However, making the smartest business decisions requires full disclosure to all of your practice data.  The challenge for many practices is accessing the most up-to-date information about financial performance,…

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5 Steps to Streamlining Your Billing Process for Patients

In today’s rapidly evolving healthcare landscape, medical practices are faced with the challenge of managing an increasingly complex patient billing process. As patient volumes and regulatory requirements continue to grow, healthcare providers are seeking innovative ways to streamline their billing operations and simplify patient invoicing. According to a 2023 survey from Bain & Company and…

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A Practice Roadmap for Orthopedic Revenue Cycle Management

A doctor using a laptop

Revenue cycle management (RCM) is the backbone of practice success. However, the revenue cycle is notoriously difficult to manage and optimize in orthopedic practices, with threats to revenue growth hiding around every corner. Shielding your bottom line from revenue loss is no simple task, but the best place to start is an end-to-end assessment of…

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The Role of Healthcare Analytics and Business Intelligence in Practice Success

A group of healthcare professionals having a meting

As medical billing becomes more complex, healthcare practices face a growing number of revenue-draining roadblocks on the path to long-term financial growth. Now more than ever, billing teams need a bulletproof, data-driven strategy built to optimize the revenue cycle and consistently improve profitability. Fortunately, with the advent of business intelligence and healthcare analytics, practices now…

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