A healthy payer mix is a vital metric for your medical practice because it affects the revenue stream and your bottom line. Every healthcare institution should track the payer mix and manage it carefully to adjust to the changing demands of the market. Read on to...
A strategic revenue cycle management is vital for maximizing your reimbursement and ensuring the good financial well-being of your practice. However, it is a complex process with many opportunities for potential issues. That’s why healthcare administrators and other...
Patients who come to your practice have one of many available health insurance plans. If you have signed a contract with a specific payor, your practice is in-network for people with an insurance plan from that payor. However, different insurance plans also determine...
What Are the Types of Freestanding and Hospital-Based Ambulatory Care Services? Ambulatory care refers to diagnostic, preventative, and treatment services people receive in a facility and depart within the same day. This facility can be freestanding or connected to...
How Common Are Medical Billing Errors in Medical Claims? People tend to get anxious every time they have to open a medical bill. Considering the state of the US healthcare system, the medical bills often run in 5, 6, or even 7 figures. And there is a big question if...
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