Digital wallets make online payments easier by storing a consumer’s payment information and preferences for future use. Instead of digging out their credit card and entering the lengthy account number and billing address every time a consumer wants to make a payment, a digital wallet automatically populates the payment information at check-out. This makes the […]
Like all contracts, billing agreements include a combination of affirmative duties and responsibilities, prohibitions, conditional or consequential actions (“If this, then …”), terms and conditions that apply mutually or unilaterally, as well as a host of legal and business terms, including fees and charges. This article is not meant to provide a comprehensive discussion of
You’re Ready For Macra And Mips: Is Your Billing Agreement? By Robert Burleigh Read More »
We are motivated to properly dispose of certain items because we want to do our part to protect the environment and don’t want to risk doing harm to ourselves and others. What we don’t always realize is that similar motivations should influence how we dispose of data. Think about all the data that might be
Safe Data Disposal – By Noah Dermer Read More »
COVID-19 has caused the medical profession to go through a major upheaval. Examining patients in person could result in coming into contact with contagious pathogens. As the pandemic continued to spread and the importance of social distancing and handwashing increased, doctors sharpened their telemedicine skills and began working remotely. Staying Away Health care is
How Covid-19 Has Changed The Medical Profession Read More »
Verify Patient Information As obvious as it may seem, it often goes unchecked, but verification of patient information is an imperative step in the billing process. Double-check the spelling of patient names, their date of birth, as well as other details that are often easy to overlook or misspell but which can result in filing
Orthopedic Billing & Coding-Sure Road Towards Profit Read More »
Losing Revenue? Are you like the tens of thousands of other physicians who are finding it tough to handle in-house medical billing? If you handle your health care practice and medical billing on your own there’s a good chance that you might be losing revenue in an effort to balance both. Medical billing ultimately should
Outsource And Grow Your Practice’s Revenue Read More »
The impact Covid-19 has had on medical practice’s revenues has been nothing short of a financial hurricane. We recommend the following patient collection strategies to help ensure that your practice successfully weathers these difficult times. 1. Clearly Communicate the Patient Portion Prior to the Appointment Date. Your office administrative staff must be vigilant and
Patient Collection Strategies During Covid-19 Read More »
A vital aspect of any medical practice is effective Medical Billing and Coding, but for small and medium-size medical practices, it’s quite often one of the most overlooked aspects. There can be a situation that you might be seeing the payment denials with the same or more patients, or you are unable to reimburse on
Effective Medical Billing Read More »
Medical billing can give medical practitioners a tough time managing workflow, system, revenue generation, and more. But when things go wrong with your medical practice, there are solutions for your medical billing process. This blog will show you the possible challenges in your practice and how to overcome them. The following two challenges should be
When Things Are Not So Smooth With Your Medical Practice Read More »
If you are a physician who has been in practice for many years you probably remember the days when private payer reimbursements dwarfed Medicare reimbursements. Since the 2008 recession that dynamic has long since flipped. Reimbursements have been flat or have lost value from inflation, while practice costs have seen double-digit increases. Meanwhile, hospitals and
