In healthcare, accurate health insurance verification isn’t just a task — it’s the key to smoother billing, happier patients, and fewer headaches.
Failing to verify health insurance accurately can have significant consequences. Incorrect information can lead to delayed or denied claims, impacting revenue. Patient billing issues create frustration and can damage your reputation. Also, you risk compliance violations that could result in penalties.
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Topics:
Operations,
Enrollment,
Practice Management,
Financial,
Medical Billing
Running a medical practice involves more than providing excellent patient care – it requires managing the expenses that keep daily operations running smoothly.
From staffing and technology to routine costs, understanding where resources are going helps maintain efficiency and stay competitive.
A detailed checklist can simplify the process, offering guidance on handling expenses and improving overall financial management. Whether starting fresh or refining existing workflows, having clear strategies in place can make a measurable difference in how a practice operates.
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Topics:
Marketing,
Business Growth,
Operations,
HIPAA,
Social Media,
Practice Management,
Patient Volumes,
ICD-10,
Practice Start-Up,
Medical Billing,
Consulting
Busy medical practices have to balance a high level of patient care with completing necessary administrative tasks to keep the doors open.
Medical billing can take up a lot of valuable time. It can also be difficult to find and train people to handle this crucial task. Plus, if claims are processed slowly or incorrectly, they can negatively impact your practice's revenue.
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Topics:
Business Growth,
Operations,
Financial,
Medical Billing
Bookkeeping for medical practices can be a complicated process. Technology may be the resource you need to ensure a potentially complex process does not result in missed opportunities or lost revenue.
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Topics:
Practice Management,
Financial,
Medical Billing,
Technology
You don't have to look far to see the use cases of AI in healthcare – diagnostics, robotic surgery, and much more. But what about the time-sucking tasks that get in the way of those important patient touchpoints?
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Topics:
Marketing,
Business Growth,
Social Media,
Patient Volumes,
Financial,
Coding,
IT,
Medical Billing,
Physician-Patient Relationship,
Technology
In previous blog posts, we’ve spent some time talking about the steps that go into starting your own medical practice.
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Topics:
Operations,
Practice Management,
Financial,
Medical Billing
Investing in a quality practice management company to handle day-to-day tasks frees up your time to focus more on your patients and their needs. They can help your private practice streamline scheduling, billing, marketing, accounting, credentialing, human resources, and overall office operations.
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Topics:
HR,
Practice Management,
IT,
Medical Billing,
Consulting
If your business provides a service, you should be paid for that service - and that includes private medical practices!
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Topics:
Business Growth,
Practice Management,
Financial,
Practice Start-Up,
Medical Billing
Whether you’re starting a new practice or you’re adding additional practitioners to your clinic, they all have to go through the physician credentialing process.
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Topics:
Business Growth,
Credentialing,
Practice Management,
Financial,
Practice Start-Up,
Medical Billing
As this most tumultuous year comes to a close, many businesses are taking this time to evaluate their performance over the past 12 months, as well as considering their goals for 2021 and beyond - and your medical practice should be no different!
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Topics:
Business Growth,
Practice Management,
Patient Volumes,
Financial,
Medical Billing