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How to Reduce Billing Issue Calls
How to Reduce Billing Issue Calls

After Medicare and Medicaid, the patient is payer number three for most healthcare providers! This means your healthcare business must evolve to ensure revenue stability while maintaining operational expenses. Rather than hiring additional staff to tackle mounting self-pay accounts, or worse, writing off collectible balances that that are charged off to bad debt, use these strategies to advance late stage balances to early recovery.

How to Jump Start 1st Quarter Revenue
How to Jump Start 1st Quarter Revenue

The number of high deductible health plans (HDHPs) has jumped to 75 million after sitting at just 10 million in 2010. How does this affect your medical business?

Bridging the Gap to Secure Revenue
Bridging the Gap to Secure Revenue

Keeping your front and back end processes flowing smoothly and bridging gaps where needed, will result in maximizing revenue flow, something very practice desires! Where do you start? Here are a few focal points to champion a strong billing and collections process.

When is a Child Responsible for the Balance?
When is a Child Responsible for the Balance?

The general rule is that parents are not responsible for an adult child’s medical debt, but they are responsible for a minor child’s bills.

When Does the Revenue Cycle Begin?
When Does the Revenue Cycle Begin?

Your revenue cycle begins at the front desk, as this is the area that typically receives intake information. If your practice uses a self-service kiosk, your patients can also benefit when you arm your front desk team with essential billing knowledge.

Early Out from Bad Debt
Early Out from Bad Debt

Implementing an early out strategy is an underused key to timely and efficient collection action, avoiding unnecessary aging of accounts.

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