With the addition of EHRs and patient portals, many practices today are better positioned to incorporate modern processes and procedures to manage their accounts receivables more effectively, particularly by improving collections from patients.
Revenue Cycle Management
Knowing which CPT code to use for an evaluation and management visit can boost your revenue and help avoid audits
A well-structured strategic business planning process can help your practice in both the short and the long term
Outsourcing revenue cycle management can ease strain on practices, but physicians must study the details before signing a contract.
With claim denial rates expected to rise in coming years, here are some of the most common reasons for non-payment and suggestions for ways to capture revenue for your practice.
The revenue cycle model for a medical practice is more complex than many other businesses, and a line of credit can be a lifesaver for a practice dealing with operational disruptions.