Revenue Cycle KPI Glossary: Definitions and Benchmarks You Should Know
If you’re looking at your bottom line to find ways to increase practice revenue, read this article to learn how to improve revenue cycle management.
practice growth
How Improving Your RCM Will Also Boost Patient Satisfaction
When we talk about the importance of improving your revenue cycle management (RCM), we often frame those improvements within the context of your business and income. Increasing revenue, saving time and reducing administrative costs are the major benefits of strengthening and streamlining your RCM process. But there’s another benefit to RCM improvements that we don’t …
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Should I Hire a Biller for My Practice?
If your practice has crossed the bridge from self-pay to in-network, you’re likely familiar with insurance billing. It’s a necessary process — without it, you won’t get paid for the care you provide. But how familiar do you want to be with that process? No matter your practice size, there will come a time when …
How Do I Know It’s Time to Switch Billers?
When it comes to relationships, we yearn for the days when they finally feel comfortable. A point when the anxiety is gone. When you can breathe easy and know that everything is on track. These relationships happen in our personal and professional lives. As a practice owner, you’ve developed solid, comfortable relationships with your employees, …
Self-Pay to In-Network: How To Accept Insurance as a Therapist
As a self-pay practice, you may already have a steady stream of patients who come through your door. But you know there’s potential to increase that patient flow — potential to help more people and grow your business. Accessing that patient population, however, means learning how to accept insurance as a therapist — switching from …
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Best Practices for Revenue Cycle Management (RCM)
Regardless of your practice size, specialty or location, healthy revenue cycle management (RCM) is critical to your business’s success. Essentially, healthcare RCM is the process your practice must follow to get paid for the care you provide. And we all need to get paid, right? Unfortunately, maintaining an efficient RCM process isn’t easy. There are …
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Pros & Cons of Outsourced Billing for Orthopedics
Should you outsource your orthopedic practice’s medical billing? Read here to learn the important pros and cons to consider before you decide.
Why a Positive Patient Billing Experience Matters (And What You Can Do to Improve It)
The patient billing experience plays a crucial role in your practice’s success and RCM. Learn how to optimize your patient billing process.
How to Save Hours on Eligibility Checks and Increase Patient Payments
If you’re looking at your bottom line to find ways to increase practice revenue, read this article to learn how to improve revenue cycle management.
How to Choose a Medical Billing/RCM Partner For Your Practice
Finding the right billing partner makes a big difference in ROI for your practice. Here are a few tips for excellent due diligence.