The Importance of Collecting Patient Payments at Time of Service As healthcare providers, ensuring timely reimbursement for services rendered is crucial for maintaining the financial health of your practice and continuing to provide quality care. With insurance deductibles resetting at the beginning of each year, patients are often more responsible for a larger portion of […]
Protecting Your Practice: The Critical Importance of Insurance Verification in the New Year
The Critical Importance of Insurance Verification in the New Year The healthcare landscape is constantly evolving, and nowhere is this more evident than in the complex world of patient insurance. As the new year approaches, healthcare providers face a critical challenge that can make or break their practice’s financial health: comprehensive insurance verification. The Staggering […]
5 Reasons to Use Certified Medical Billers
Using certified medical billers saves physicians frustration while optimizing revenue cycle management. Their value in terms of highly accurate claim filings, successful appeals, and audit protection is well worth the investment for any medical practice. 1. Increased Reimbursement Rates Certified medical billers have extensive training in CPT and ICD-10 coding. Their expertise in assigning accurate […]
The Critical Importance of Denied Claims Follow-up
Are denied claims costing your practice money? The Impact of Inaccurate Claim Submissions You and your staff have put in long hours delivering top-notch care to your patients. However, if your medical billing staff isn’t putting in that same diligent effort, you could be losing significant revenue due to inaccurate claim submissions leading to denials. […]
How CAQH ProView Is Revolutionizing Healthcare Credentialing
What comes to mind when you think of “provider credentialing”? If you’re a physician or medical office staff member, mundane paperwork and hours of frustration are likely front-of mind associations. After all, staying continuously credentialed with dozens of commercial insurers and Medicare can create administrative hassles taking days away from patients. Enter the CAQH website. […]