6 Key Revenue Cycle Metrics That Your Practice Must Track

Most medical practices analyze their financial health with a simple analysis of cash flow when it represents only the one aspect of the revenue cycle. Revenue cycle management for practices is a complete process that starts from charge capture, claims submission, accounts receivables, collections and ends up on the analysis of the financial data. It …

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Accounts Receivable (AR) Follow Up and Denial Management for Practices

AR & Denial Management is the main area to focus if practices want to successfully achieve their business goals. If a practice is having an effective accounts receivable and denial follow up strategy, only then the accounts balances show a positive outcome. If a practice lacks the expertise required to manage accounts receivable then it’s …

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Infographic – 7 Easy Steps to Physician Credentialing

easy steps for physician credentialing

Credentialing — also called Physician Credentialing, is a process of formal verification of a physician’s educational documents, work record, license and practice history. Employers and payers review this information and determine whether the physician should be hired, or in the case of a payer whether the physician will be permitted to bill that insurance carrier. …

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8 Ways to Improve Your Patient Payments

Getting paid for the services offered to your patients is equally important as is the quality of care. However, many physicians and medical practices just focus on providing the care and are not good at following up payments and collections. To close your revenue cycle successfully, physicians should undertake payment collection strategies. These strategies should …

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9 Ways to Maximize Your Medical Practice Cash Flow

If your practice is experiencing squeezed cash flow due to any reason, either it’s the latest policy compliance or any governmental program enrolment following which you are not getting the optimum payments. The new MACRA quality payment program is also challenging the physicians as it is moving to reporting of quality metrics and collections. It’s …

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7 Steps to Easy Physician Credentialing

7 Steps to Easy Physician Credentialing Credentialing — also called Physician Credentialing, is a process of formal verification of a physician’s educational documents, work record, license and practice history. Employers and payers review this information and determine whether the physician should be hired, or in the case of a payer whether the physician will be …

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Disrupting EHR Market Trends and How We Can Keep You Out of Trouble

Frustrated physicians, hospitals switching EMR vendors, ransomware attacks and cyber breaches, IT staff shortages and Trump leadership are some of the top trends today that are going to set the future of healthcare for years to come (Market report). The report is also an eye-opener for EHR vendors to realign their market strategy and shifting …

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