The financial stability of a medical institution is greatly influenced by the timely and effective collection of medical bills. In order for healthcare organizations to remain profitable and maintain a steady revenue stream, efficient leadership, and a robust payment collection system are of utmost importance. Moreover, effective collection of payments plays an important role in… Continue reading How to improve your Medical Billing collection
Category: Blog
How Digital Marketing Can Be A Game Changer For Healthcare Industry?
The healthcare industry has seen a significant shift towards digital marketing in recent years. With the rise of digital marketing and the increasing number of online users, healthcare providers are now able to engage with more people looking for healthcare services efficiently. Digital marketing has also enabled healthcare providers to improve patient communication through social… Continue reading How Digital Marketing Can Be A Game Changer For Healthcare Industry?
What Is The Purpose of Provider Credentialing?
Provider credentialing plays an important role in the medical billing process. The importance of medical credentialing plays out in several significant ways. From preventing revenue loss to delivering quality healthcare and setting the best-practices culture in healthcare delivery. Provider credentialing is a crucial process to validate a healthcare provider’s credentials such as education, work history,… Continue reading What Is The Purpose of Provider Credentialing?
Cost of Revenue Cycle Management services in 2023
How is the cash flow in your medical practice these days? Or, to put it strategically, how is your revenue cycle management going? During the coronavirus pandemic, medical professionals across the healthcare industry have seen a decrease in patient traffic and, as a result, patient payments. Some people avoided and are still avoiding enclosed spaces,… Continue reading Cost of Revenue Cycle Management services in 2023
Things to know about revenue cycle management
Get an insight into the revenue cycle management process A recent survey of providers highlighted that their number #1 priority was running a more profitable practice. That’s where the right technology solution can help but there are plenty of options when considering the best service for your business. The right revenue cycle solution can help… Continue reading Things to know about revenue cycle management
Revenue Cycle Management: Primary Steps and Benefits
Every successful healthcare organization has one thing in common- a strong revenue cycle. If your practice does not have an efficient billing process in place, you risk losing thousands of dollars each year in-patient payments, payer reimbursements, and other revenue streams. With a robust revenue management cycle, healthcare practices can thrive as it is integral… Continue reading Revenue Cycle Management: Primary Steps and Benefits
Best Digital Marketing Tips For Your Healthcare Practice
A decade back, marketing practices were way different than what exists today. Then, developing and implementing a marketing campaign meant running different ads on the radio or placing some print ads in the newspapers. That was mostly it. But today, the game is different. There are too many choices and too much competition. We are… Continue reading Best Digital Marketing Tips For Your Healthcare Practice
Revenue Cycle Specialists: Who are they, and what do they do?
Financially strong practices can withstand fierce competition and ever-changing healthcare dynamics. Today, a pandemic later, a realization has changed how practices see their revenue cycle. As of now, few roles are vital to the long-term financial integrity of any healthcare organization. People who can manage the revenue cycle are among those few. That is why… Continue reading Revenue Cycle Specialists: Who are they, and what do they do?
Importance of Medical Credentialing In Healthcare
Healthcare facilities along with insurance companies conduct medical provider credentialing to verify and authorize provider qualifications. The process of medical credentialing ensures health care standards remain protected as independent elements. Since credentialing tells us whether a provider has the necessary training or expertise to practice healing arts, it is paramount for everyone concerned to understand… Continue reading Importance of Medical Credentialing In Healthcare
Insurance Eligibility Verification Crucial- What is the buzz about?
Did you know that two out of five claim denials are related to insurance coverage? As a result, practices lose millions in revenue annually because the eligibility has expired or the plan did not cover the patient. To avoid such losses, practices must invest in a robust insurance eligibility verification process. With the implementation of… Continue reading Insurance Eligibility Verification Crucial- What is the buzz about?
