How to Handle Denied Family Practice Claims in Legacy AR Systems: A Strategy Guide
The healthcare system has been revolutionized by ever-evolving technology, making many processes smoother and more efficient. However, managing accounts receivable (AR) remains a significant challenge, especially when dealing with claim denials, which can undermine the financial stability of an organization. Effective denial management is crucial in this context, as it helps prevent revenue loss and […]
Physicians Applaud Enhanced Prior Authorization: Let’s See Why
Remember the days of battling endless paperwork for prior authorization? Those days might be numbered! Recent proposals presented by the Centers for Medicare and Medicaid Services (CMS) are putting the brakes on the “paper chase” and paving a faster lane for treatment approvals. These reforms aim to transform the prior authorization process from time-consuming manual […]
Automating AR Follow-Ups: Pros, Cons, and Implementation
In the healthcare industry, managing accounts receivable (AR) efficiently is crucial for maintaining cash flow and ensuring the financial health of a practice. As technology evolves, many healthcare providers are turning to automation to handle AR follow-ups. While automation can offer significant advantages, it’s essential to understand both the benefits and potential drawbacks before implementing […]
Maximizing Revenue and Efficiency: Strategies for Overcoming Medical Coding and Billing Challenges
As society has evolved and healthcare needs have changed, a new role has emerged to meet the demands of today’s medical system – the hospitalist. Hospitalists are physicians who specialize in providing care for patients within a hospital environment. They possess the same credentials and expertise as general practitioners, but their only concentration is on […]
7 Physician Billing Trends That Are Reshaping RCM
Physician billing services are increasingly growing as healthcare providers strive to free themselves up from the tangles of Revenue Cycle Management (RCM), and invest more time in patient care. In the post-covid era now, the US healthcare industry has seen new benchmarks of quality and patient experience. Evidently, Physician billing services in USA can then […]
Taking Accounts Receivable To The Next Level
Improving the Accounts Receivable Management is a top priority for Healthcare businesses now. Given the paucity of time or expertise required to run this system efficiently, several healthcare professionals deal with process inefficiencies everyday and jostle between patient care and trapped revenues. The challenges size up further for institutions or practices at a startup or […]