Practice/Group Management Tips
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…
Read MoreBest Practices for Ensuring Compliance in Healthcare Billing
Optimizing billing, coding, and A/R management workflows is crucial to the success of any healthcare revenue cycle. However, tying together each function is one vital component that can make or break your bottom line: compliance. Despite best efforts, many billing teams struggle to appropriately code and bill for complex charges while balancing the countless other…
Read MoreA Practice Roadmap for Orthopaedic Revenue Cycle Management
Revenue cycle management (RCM) is the backbone of practice success. However, the revenue cycle is notoriously difficult to manage and optimize in orthopaedic 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…
Read More5 Crucial Steps for Optimizing Behavioral Health Practice Revenue Cycle Management
Revenue cycle management (RCM) is a massive challenge for any healthcare organization to tackle, but behavioral health practices face even greater hurdles on the path to success. Unlike many medical specialties, behavioral health is a complex niche with variable payer involvement and unstandardized billing practices. In addition to the challenge of getting your practice paid,…
Read MoreHow Outsourcing Patient Billing Calls Supports a Strong RCM Program
Every step in the revenue cycle is mission-critical for your practice to get paid, but there’s one process that’s easily overlooked when your billing team is overworked: Patient payments. Following up on outstanding balances is tedious and consumes valuable time that your staff needs to complete other tasks. However, patient collections are vital to your…
Read MoreBest Practices for Patient Eligibility Verification
As any practice administrator knows, the process of getting paid starts far before the patient steps foot in the office. What some fail to see is the critical importance of the first step in the revenue cycle: patient eligibility verification. Without a foolproof process in place, even the smallest documentation error or verification oversight may…
Read MoreHow Med Prime Addresses Common EHR Complaints
Are you tired of using a clunky, unresponsive electronic health records interface? Our Med Prime EHR has a customizable, user-friendly design, allowing you to maintain the way you run your practice.
Read MoreHow to Transition Your Practice to the Value-Based Care Model
Transitioning to a value-based care model isn’t easy. Our platforms help make the process go smoother.
Read More5 Efficiency Improving Software Platforms for Your Medical Practice
We have 5 software platforms designed to improve practice efficiency. Learn more about our EHR, service organizational control, revenue cycle administrator and more, here:
Read MoreThe Pros and Cons of Accountable Care Organizations
In our latest blog, we take a closer look at the benefits and downsides of accountable care organizations (ACOs).
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