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Revenue Trends for Healthcare 2022 & Beyond

Revenue Trends for Healthcare 2022 & Beyond The revenue cycle market momentum in 2022 and beyond is trailing after long period of adversity due to COVID-19 and an already challenging economic environment for hospitals and healthcare systems, there is a new wave of consolidation, invention, innovation, technology, investments, efficiency, patient experience, underpayment recovery, and coding […]

Top Causes of Revenue Leakage in Healthcare

Top Causes of Revenue Leakage in Healthcare Revenue leakage may be attributed to numerous sources, but identifying the top causes allows healthcare providers to find solutions. According to Effy, a company that leverages big data analysis for healthcare organizations, revenue loss or leakage can be attributed to ten primary causes Insufficient registration data entered Absence […]

Missed or Incorrect Insurance Eligibility Verification

Missed or Incorrect Insurance Eligibility Verification The process of Insurance Eligibility Verification is crucial to ensure denials due to missed or incorrect information are under control. There can be several reasons for claim denial or rejection but researches have proved not having an effective Insurance Eligibility Verification is the major reason for most denials and […]

how to improve Revenue by Monitoring these 3 Key Performance Indicators

Healthcare practice is an expensive proposition Payroll, insurance, rent, utilities, equipment, and other elements are significant cost factors. It can feel like there is no end to the list of items requiring cash. Many practices already have a close eye on days in A/R for payers, and that is undoubtedly a crucial metric to be […]

Audit Your Coding

Audit Your Coding Although we provide total or partial outsourcing of a practice’s coding, we recognize that this is not always the desired solution for everyone. In coding, one size does not fit all. Many practices and facilities made substantial investments in their coding staff and already employ talented coders. However, as in any technical […]

New Federal Surprise Billing Law Impact on Medical Billing Reimbursement

New Federal Surprise Billing Law Impact on Medical Billing Reimbursement Surprise bills are the most common concern of affordability for many In-Network and Out of Network (OON) patients. These bills are least expected and financially unmanageable as most of the times patients are unware that they had got service from an Out of Network provider […]

Increase Efficiency and See More Patients with Telemedicine with Growing Patient Demand

Increase Efficiency and See More Patients with Telemedicine with Growing Patient Demand Healthcare is the fastest-growing sector in the U.S. The number of residents over the age of 65 is projected to double from 2000 to 2030, and many of these individuals will need around-the-clock medical care. Senior patients and those suffering from chronic conditions […]

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