Learn How to Determine Your Practice Financial Health

Determining the financial health of your practice on regular basis is the key to staying ahead of your financial liabilities. Checking the financial health of your practice can be a simple procedure of checking the periodic financial reports and there are advanced ratio and methods as well. However, as most of the physicians and practices …

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7 Tips on How to Collect From Patients Having Deductibles

Collecting deductibles from patients is a difficult task, especially when physicians don’t know exactly if the patient is on deductibles. It means that most of the physicians are losing a major share of their earnings due to low collections from the patients on self-pay. As the employers are moving to higher deductible plans and copays, …

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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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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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Medical Billing and Collection Process

Medical billing is a process of preparing medical bills for healthcare services providers to get them reimbursed for the services they provide to patients. To prepare medical bills, a medical billing professional collects all the required information including patient demographics, clinical services provided, insurance details; compiles medical bills and sends them to payer for reimbursements. …

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