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. […]
The Critical Importance of Preauthorizations
Insurers don’t make obtaining preauthorizations easy, demanding substantial administrative time compiling patient histories, submitting claim forms, responding to information requests, and negotiating approvals. But skipping this burdensome process can lead to financial disaster. Alarmingly, 70% of claim denials result from lack of proper preauthorizations coupled with failure to subsequently appeal. Without prior approval certifying medical […]
Running a Successful Medical Practice: Top 5 Management Tips
Running a successful medical practice takes more than just being a talented physician. You also need solid business savvy and organizational skills. With patient loads increasing and insurance rules constantly changing, efficient practice management can become overwhelming. Use these 5 tips to improve your management approach: 1. Invest in Specialized Software Paper records and disparate […]
Patient Collections Guide (free download)
Your free download will begin shortly… With patients becoming increasingly responsible for the cost of their medical care, having the right processes in place is vital for any practice. Having an efficient patient collection process includes patient education, staff training, transparency before treatment, collecting co-pays and deductibles at the time of service, and easy payment […]
The Future of Health IT
Science has given us many gifts, including significant advances in Health IT; EHR systems have enabled healthcare services to become cheaper and faster than before. Interoperability for different stakeholders of the health care industry such as providers and pharmacies, creates a sense of trust among the entire healthcare ring. Decision making tools such as the […]