Let’s admit it. Running a successful medical practice is hard. It’s not just about administering quality care to your patients; it’s also about running a successful practice. Finding the time to balance the two can […]
KPIs is short for Key Performance Indicators. Financial KPIs measure the financial health of your practice. They play a crucial role in identifying and reducing inefficiencies. Common financial KPIs for healthcare organizations include accounts receivable […]
Every healthcare practice’s revenue cycle management is the same. It starts when a patient sets an appointment, and it ends when the practice receives payment. Managing your revenue cycle sounds simple enough, but the reality […]
Revenue cycle management (RCM) is one of the most important aspects of your practices’ ecosystem. A healthy revenue cycle brings in steady income, minimizes denials, and has mastered the collection of patient payments. The billing […]
For providers, patient no-shows are a constant, costly source of frustration and something that could be avoided with a strong patient engagement strategy. According to a Wallace & Hughes study, about 3.6 million people in […]
Nothing throws a wrench in your revenue cycle quite like a growing list of claims denials. For your office, denials mean less money in the door, more work for your staff, and less consistency in […]