Evaluating the ROI of Automated Medical Billing Software
Do you want to discover the true ROI of automated medical billing software? Read on as we discuss its benefits over manual billing processes!
Do you want to discover the true ROI of automated medical billing software? Read on as we discuss its benefits over manual billing processes!
Comprehensive revenue cycle management is crucial for financial success. Find out the best practices to implement this 2024!
Learn more as we discuss the best practices when choosing your medical billing software to ensure your practice’s HIPAA compliance.
One area that medical practices often overlook is payment processing fees. Here, we explore what Interchange Plus and Flat Rate fees are.
Discover the best practices you can use to turn simple patient statements into powerful tools for your practice’s financial performance.
The path to a proper reimbursement process involves several challenges. Here, we explore reimbursement issues and how to solve them.
Our healthcare system continues to shift toward value-based care but can relative value units handle the transition? Read on to learn more.
The future possibilities and benefits of Health Information Exchange are exciting. Read on as we discuss why it matters to your practice.
Choosing an EMR system tailored to your practice is a big step forward. In this post, we provide tips to help you choose the best one.
Navigating insurance reimbursements is a challenge for many healthcare practices.
Building a strong relationship with patients is crucial in healthcare. It’s about far more than just excellent medical care, it is also about maintaining a consistent, open line of communication. In an industry where providers have to keep patients informed about new policies, procedures, and treatment options, communication through patient statement inserts is an effective way to deliver this information cost-effectively—after all, postage is already paid for mailing the statement.
In this post, we’ll explore three key ways inserts can enhance a mailed patient statement: by providing valuable educational materials, offering promotional or informational content, and improving the overall patient experience. Ultimately, we’ll see how these three elements elevate communication while fostering patient engagement and satisfaction.
Facing the burden of high-deductible health plans and escalating out-of-pocket costs, an increasing number of patients are delaying or choosing not to receive necessary medical care. In the past year alone, approximately one-quarter of all American adults skipped or postponed getting treatment due to cost. Unsurprisingly, the rates are even higher among the uninsured—over 60% reported facing similar difficulties. This article explores best practices for leveraging patient payment options to enhance patient satisfaction, trust, and engagement.
First, we will discuss common patient payment preferences and concerns to inform effective financial strategies. Next, we will discuss the value of offering customizable patient payment options and convenient online payment channels.
By breaking down the revenue cycle management process into 13 steps, we hope to give your practice the jumpstart it needs to improve its understanding of revenue cycle management and lay the groundwork for a more efficient and profitable future.
Discover tips on how your medical practice can use automatic payments to your advantage and improve your patients’ payment experience.
Enhance your career, network, and skills with our list of the top 10 organizations for medical billing professionals to join.
Explore some of the common challenges surrounding patient collections and strategies that can improve your collection processes.
BillFlash Services by NexTrust, Inc.