According to a recent report by MicroMarket Monitor, the market for third-party revenue cycle management (RCM) providers has been exploding lately. With the consolidation of health providers and the
Knowing which data to analyze when measuring your organization’s profitability is just as important as having the right tools to do it. Sure, you can measure your profits and losses
With the increase in HDHPs and high-tech innovations, practices and health organizations should equip themselves with the tools and resources necessary to optimize revenue cycles amid constant change. Keeping
Efficiency is something every company should strive for, no matter the industry. When it comes to medical billing, however, an organized and streamlined process can ultimately mean the difference between a thriving
There is a direct connection between efficient doctor’s appointments and successful payment collections. While proper medical billing practices are important, patient payment collections can only be optimized when the entire
Medical billing, as essential as it may be, isn’t something that comes easily for many healthcare facilities. Despite its importance, medical billing can often result in errors and frustration. Although
Millennials. They speak their own language, have unique expectations, and are causing companies to completely change the ways they’ve done things since the beginning of time. Physicians’ offices, just like
According to Becker’s Hospital Review, customer service with regards to billing influences how patients rate their overall healthcare experiences. Many patients find billing statements difficult to comprehend, and question their accuracy so
Healthcare as an industry has changed dramatically over the past few years. Many small practices have decided to merge with other providers or have been bought out by larger healthcare organizations. There
When a healthcare organization prepares to choose a medical collections partner, the candidate’s communications practices should share top priority with their overall proven effectiveness. After all, the vitality of the medical business will
