Medical practices are experiencing the most upheavals of RCM costs in 2021. The latest economical challenges and recent regulations have thrown up immediate requirements for efficient revenue cycle management. Practitioners across the United States are…
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The Biden administration is proposing some major changes to the Affordable Care Act marketplaces. That included expanding the enrollment period by 30 days in 2022 and beyond. In a major development, CMS has suggested steps…
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The profit margins of the healthcare practices have dropped to a significant level. There are many factors that have shrunk the profits which include increasing competition for medical billing services and minimum reimbursement rates. With…
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In a major initiative towards keeping the deadly virus under control, the U.S. Department of Health and Human Services (HHS), will spend $4.8 billion for testing uninsured individuals for COVID-19. As per the official press…
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The most crucial financial and operational headaches of a healthcare provider that can lead to money as well as time lost are timely collections. For instance, according to a recent survey it has been observed…
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The critical part of managing the profitability and operation of a business is key performance indicators. However, some medical practices fail to optimize their performances. As they solely focus on the statistics that are reported…
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Nowadays, it is just not enough that you have efficient nurses, doctors, and healthcare professionals to provide quality care. If a medical practice is utilizing old methodologies, there could be some chances of mistakes along…
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What comes to your mind? when you hear the term ‘’revenue cycle management’’. What kind of procedure emerges in your vision?. For various individuals, it is denial management. For others, it is the process of…
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Gone are the days, when medical practitioners used to keep the patient’s records on papers. Now the scenario has been changed. From the past decade, healthcare providers have found Electronic Health Records (EHRs), as the…
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Imagine the peace of mind when you gain access to your health records with just a single click. Yes, it’s true, patients can see their physicians’ notes from their last appointment through authorized and secure…
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