In charge of a healthcare facility? Looking to start your own specialized practice? If so, you’re in charge of numerous significant decisions on a daily basis. From managing client care to hiring employees to run daily operations, there’s rarely a dull or slow moment in the medical industry. Are you considering whether or not you […]
So you thought earning your medical degree was difficult, huh? Try starting your own private medical practice! The truth is that entrepreneurial endeavors of any kind take a huge amount of focus, motivation and insider knowledge. It’s easy to see why some people get discouraged, and why others simply bow out altogether. But that’s not […]
Is medical billing outsourcing necessary? It is, if you want to reduce billing errors, increase revenue, and reduce employee stress levels at your practice. Medical billing simply can’t be done with maximum efficiency in-house. As you’ll see below, the monthly cost of outsourced medical billing is more than made back by its superior efficiency in […]
Billing leakage is a major reason why over 60% of physician practice revenue is falling through the cracks. If your billing practices aren’t as tight as you would like them to be, then you’re losing money daily that would otherwise be going towards revenue. When you have an efficient system in place, it opens up […]
As a healthcare provider, your goal is to provide the best possible care to your patients. But your patients may not see it that way when your office bills incorrectly. This is a more common issue than you think–a whopping 30-40% of medical bills contain errors. It’s an annoyance for your patients and creates an […]
Patient spending on healthcare will reach $608 billion in 2019. Yet, many patients feel dissatisfied by the billing process. As a result, 65 percent have considered switching to providers with better billing systems. What do these patients list as their biggest issues with provider billing? Up to 70 percent of patients report feeling confused when reviewing […]
