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 […]
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 […]
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 […]
3 Common Questions About Estimating Patient Responsibility
3 Common Questions About Estimating Patient Responsibility With higher deductibles, patient responsibility is increasing. As patient balances climb, practices are seeking effective methods of collecting outstanding balances and to collect more at time of service. Estimating patient responsibility prior to claim adjudication can be very challenging, and there is really no method that guarantees 100% […]
10 Marketing Techniques to Grow Your Medical Practice
10 Marketing Techniques to Grow Your Medical Practice Marketing your business is one of the most important keys to ensure consistent customers and revenue allowing you to grow your medical practice. To succeed in private practice today, you must have a solid marketing plan that leverages modern tools, techniques and platforms. Here Are 5 Modern […]