Addressing Common Medical Billing Issues to Improve Revenue Cycle Management Medical billing issues can have a significant impact on the healthcare revenue cycle, as they can lead to delayed or denied payments, increased administrative costs, and reduced cash flow. Some common medical billing issues that affect the healthcare revenue cycle include: 1. Coding errors: Incorrect […]
Get your practice ready for the new year with MMS Group’s comprehensive RCM services. We take care of your revenue cycle management so you can focus on providing the best patient care.
We provide the best services to you Medical Billing can be a real lifesaver. So many practices have to downsize because they have not taken care of their billing. At Medical Management Services(MMS) Group, we take care of your billing so that you can concentrate on what you do best- take care of patients. Call […]
You Manage Your Patients and We’ll take Care Of Your Billing.Is Your Medical Practice Losing money due to poor collection and unpaid claims? Do a practice financial checkup by looking at your 90-day aging report.,
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 […]
Days in Accounts Receivable The first measure is the “days in accounts receivable” – the average number of days it takes to collect the payments due to the practice. To calculate days in AR, Compute the average daily charges for the past several months – add up the charges posted for the last six months […]
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 […]
Simple Strategies to Boost Revenue & Efficiency. Physician re – Credentialing Process Audit at regular intervals Keep your team a top of the regular process and related updates Constant refresher and re-training for your Billing and Coding staff Streamlined Monthly Reporting structure Analyze and fix loop holes with corrective measures immediately Regular Audits To Analyze And […]
To reduce the spread of the coronavirus, the City has issued a Public Health Order requiring people to stay
home except for essential needs. This is in effect until further notice. By practicing social distancing, we can
flatten the curve and save lives. San Francisco can’t do this alone – we need everyone to do their part and
cooperate during this public health emergency.