The number one reason practices outsource their billing is the promise of higher collections. But there are a few misconceptions floating around the healthcare world about medical billing companies. Some are more harmful than others, so we decided to demystify the three that could put your practice into a compromised situation. Myth 1: You Don’t
Physicians have found that simple purchases have improved their practices. Some make patient waiting time more pleasant. Others are designed for the purpose of making the employee day more pleasant. Still others are for the benefit of increasing the efficiency of physicians and their assistants. With the exception of Electronic Health Record (EHR) software, all
Choosing a vendor is never a simple task, but knowing what questions to ask makes it a lot easier. Here are three things to look for when selecting a medical billing service and the questions you should ask to determine if they fill the bill. Don’t choose a Service based solely on price. A full
Big data is big business, and consumers are now almost universally used to the drill of signing HIPPA releases and updating pertinent information once a year when they visit their doctor. But how does big data really impact consumers as well as health care providers and insurance and medical billing companies? A recent report uncovered
Until recently, the patient’s share of a typical office visit was a fairly straightforward item and an incidental to practice revenue. Often, it was a simple matter of collecting a $15-$20 co-pay. But today, accurately identifying patient responsibility prior to the visit and seeing that it’s collected at the appointment can mean the difference between
PM Hack – #10: Utilize Text Based Appointment Reminders The appointment is the glue that holds the physician-patient relationship together. Unfortunately, conventional appointments don’t work anymore. Patients wait too long, and physicians are so under the gun that they don’t get the time they need to fully examine patients. The end result: unhappy patients and
We’ve yet to talk to a physician who went into medicine because he or she wanted to run a billing department. But plenty of doctors find themselves doing just that. The biggest reason is a mismatch between theory and reality. In a perfect world, physicians would focus all their time and energy on treating patients,
If you’re considering outsourcing your practice’s insurance claims to a medical billing service, this article is for you. While some physicians swear by their outsourced billing service and would never consider bringing this costly and burdensome function back in-house, others feel that engaging the services of a medical billing company would deprive them of vital
The ability to effectively, and efficiently collect payments from patients is imperative to the robust good health of a practice. Whether these payments come in the form of coinsurance, deductibles or copays – ensuring that such funds are obtained helps keep the accounts receivable (A/R) column at an optimum level. Many physicians might be surprised
For years, cyber security experts have urged us to use encryption to protect sensitive information that we send over the Internet. We assumed that as long as we used a modern security sockets layer, or SSL, that data were safe. That was before we learned about “Heartbleed,” a computer security bug that targets a specific
Special Notice
Any material, information, or other communication contributed by third-party authors (individuals, organizations, groups, etc.) are the expressed views and opinions of the author and do not necessarily reflect the views of PracticeSuite.com, its staff or editors, or that of PracticeSuite, Inc.
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.
