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 […]