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Top 5 Credit Card on File Questions and Answers
Top 5 Credit Card on File Questions and Answers Today the average practice has up to 35% of their revenue coming from patient pay but 81% of self-pay revenues go uncollected. It's no wonder that …
Top 5 Practice Management Challenges and Their Solutions
Top 5 Practice Management Challenges and Their Solutions While it's estimated that practices in the U.S. lose $125 billion each year due to poor medical billing operations, the challenges of practice …
5 Ways to Increase Patient Payments and Boost Practice Revenue
5 Ways to Increase Patient Payments and Boost Practice Revenue Patient payments are a vital part of revenue cycle management, but when patients fail to take financial responsibility, doctors and their practices …
How Physicians Can Successfully Negotiate Insurance Contracts
How Physicians Can Successfully Negotiate Insurance Contracts Payer contracts represent a significant amount of physician revenue and should be evaluated with careful scrutiny. Physicians who fail to negotiate …
4 Ways Small Practices Can Best Prepare for Value-Based Care
4 Ways Small Practices Can Best Prepare for Value-Based Care When it comes to government regulations and health care, change is inevitable. In contrast to the current fee-for-service care, the value-based care …
What Doctors Should Consider When Weighing Independence vs Employment
What Doctors Should Consider When Weighing Independence vs Employment A recent Medscape study found that self-employed physicians are more satisfied in their profession than employed physicians (63% vs 55%). However, …
4 Steps to Preventing Medical Claim Denials
4 Steps to Preventing Medical Claim Denials It's no secret that the relationship between health care providers and insurance companies is complicated. Healthcare providers are spending a …
What Top Performing Practices Know About Analytics That You Don’t
What Top Performing Practices Know About Analytics That You Don’t Wondering what it takes for your medical practice to reach true financial success? Two words: data collection. A top performing medical practice can …

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