The Decision To Outsource Can Be a Tough One Many of our doctors have made the financial decision to outsource claims management and collections to PracticeSuite’s expert RCM services team. Here’s why they choose not to handle RCM in-house: “We’re doing better than we have ever done before…my collection rate has improved.” “The support from
Doctors just want to take care of their patients, but everything you do – or don’t do when it comes to coding, determines what you’ll get paid. So our question to you is this: Is the lack of clinical documentation knowledge killing your bottom line? Under-coding represents the number one area of lost revenue for
This is a true tale, but a cautionary one. We know of a practice where an excellent young physician hired his recently retired CFO dad to help him run his practice. The physician loved treating patients, and Dad, fresh out of corporate America, started a new career as a practice administrator. I bet you can
The Secret To Gaining an Extra 2 Hours a Day Recently, we’ve been working with a two-doctor, multi-specialty hybrid practice where 70% of their income comes from insurance billing and 30% comes from subscriptions. They’d been bursting at the seams with patients when their long-time office administrator and very experienced biller announced she was moved
Rapid growth is both a blessing and a curse. You start out with plenty of bandwidth to handle all aspects of managing your practice. Your patients love and trust you. It’s the perfect balance of care and collections. Then you grow rapidly…and before you know it, your internal structure is fracturing, billing is falling behind,
Want to scale your practice 25% over the next 12 months? Here’s a common road map: Month 1 – Bring on another doctor Month 2 – Open a new location Month 3 – Accept new patients and new insurances; offer concierge services Month 4 – Hire a NP or PA The fatal flaw contained in
PracticeSuite is the only medical billing software with a bi-directional interface to Practice Fusion We’ve reviewed the top 12 EHR or electronic health record systems on the market today. Our readers need to know what to expect from various EHR vendors, and we’re happy to provide the good, the bad, and sometimes the ugly when
Providers looking to expand their practice or improve their revenue cycle are faced with one and the same dilemma: hiring an experienced medical biller. The hard truth is that hiring smart, experienced people for any role in your practice is a time-consuming task that has to be done correctly. The low unemployment rate and the
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Founded in the heart of Silicon Valley, PracticeSuite has grown to a user base of over 92,000+ medical professionals, processing over $10 billion claims annually.
