In-House Vs. Outsourced Medical Billing: A Quick Comparison

In-House Vs. Outsourced Medical Billing: A Quick Comparison

When deciding how to pay your medical bills, you may come across two options that are frequently discussed by business owners – in-house and outsourced medical billing. Both have their advantages and disadvantages, and it's important to weigh these carefully

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Improve Patient Collections With These 5 Strategies

Improve Patient Collections With These 5 Strategies

If you're in the healthcare industry, you have some patients who owe you money but no longer come to see you. This isn't necessarily because they don't need your services anymore—it's more likely that they just don't have the money

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Avoiding 5 Common Mistakes Resulting In Claim Denials

Avoiding 5 Common Mistakes Resulting In Claim Denials

Claim denials can be frustrating, especially when you know that you've done your part in providing the right kind of care. However, healthcare providers make several common mistakes that often result in claims getting denied by insurance companies – and

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6 KPIs To Evaluate Your Revenue Cycle Management Success

6 KPIs To Evaluate Your Revenue Cycle Management Success

Measuring the success of revenue cycle management isn't always easy. But it's important to know where you stand and what you need to do to improve your revenue cycle management program if you want to drive greater efficiency and quality

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5 Strategies To Rebuild Patient Volume Post Pandemic

5 Strategies To Rebuild Patient Volume Post Pandemic

With the world recovering from one of the worst pandemics in history, hospitals, and medical offices will have to work hard to rebuild their patient volume levels back to where they once were. To see your practice survive and succeed

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5 Steps To Reducing Accounts Receivable Days In Healthcare

5 Steps To Reducing Accounts Receivable Days In Healthcare

The healthcare industry has long suffered from a weak collections department, which has resulted in long waiting periods before insurers are able to recover money owed by healthcare providers. This gap is known as accounts receivable days, and it's one

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5 Patient Retention Strategies That Can Work Wonders

5 Patient Retention Strategies That Can Work Wonders

Doctors often overlook patient retention strategies, and tend to focus more on bringing in new patients rather than retaining the ones they already have. While patient retention might not be as easy as collecting new ones, it’s not difficult to

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4 Steps To A Better Denial Management Process

4 Steps To A Better Denial Management Process

No one likes to be denied, but the important thing is how you manage to triumph over denial effectively. No matter what line of work you’re in, being able to deal with rejection is something everyone needs to know how

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What Is Payment Posting In Medical Billing?

What Is Payment Posting In Medical Billing?

Payment posting plays a crucial role in the medical billing and the revenue cycle management process, making it an integral element for the provider to complete the reimbursement process. In addition, this enables healthcare providers to monitor and track its

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Ways You Can Prevent Medical Billing Errors At Your Practice

Ways You Can Prevent Medical Billing Errors At Your Practice

While there aren't comprehensive statistics on medical billing errors, Boston-based healthcare advocacy group Access Project estimates that up to 80% of medical bills include errors. In most cases, a lack of proper training, understaffing, lack of pre-authorization procedures, and using

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