Expert Medical Billing & Revenue Cycle Management Tips
Stay informed with the latest insights in medical billing, revenue cycle management, and healthcare financial strategies. Our expert-driven blog covers industry updates, best practices, and practical solutions to help your practice optimize billing, reduce denials, and maximize revenue. Explore our articles and take control of your financial success today!
Communication Is a Priority for Specialty Clinics
We’ve all heard the phrase “communication is key,” but this is especially true in healthcare services. From doctors talking with patients to front desk staff answering questions, everyone needs to communicate effectively in order to streamline the clinic processes – especially the billing process.
SimpleNote: The Best Software Assistant for IEP Services
Working with expert medical billers doesn’t just mean a boost in revenue: it also means that they have an arsenal of software to recommend to help clients better understand and improve their day-to-day operations. For education clients that offer IEP services that need to be billed, we offer SimpleNote, a free proprietary software specialized for IEP services. This software is an accessible web-based system that can be easily customized to each client’s specific needs while meeting State requirements.
How ORI Streamlines the Ambulance Billing and School IEP Billing Process
Outsource Receivables Inc is proud to be the Twin Cities’ local medical billing expert and trusted service for clinics of all specialties along with ambulance/medical transport and school-based Medicaid billing.
How Are Your Billing Practices?
When a clinic’s billing process gets behind, their bottom lines suffers for it. Those billing issues can start a wave of other problems such as delayed or incorrect billing, frustrated patients, a decrease in patients, and overworked employees. A specialty clinic’s billing needs to be handled by experts who are up-to-date on any changes in the industry and who continue to stay current. One great way to solve those issues? Outsourcing to experts.
New Year. New Opportunities for Growth!
It’s a new year with a new budget and bottom line to meet. For some clinics, this is a great opportunity to improve their current billing process. A slow or inefficient billing staff can heavily impact a clinic’s revenue.
Our Services
Dan Smits, Managing Director of VSS Medical Billing gives us a larger overview of the many general medical billing services VSS Medical and Outsource Receivables can provide in the Minneapolis – St Paul market and across the county.
The Surprise Billing Law Legislation and Its Current Status
In emergency and non-emergency situations where patients seek care from an out-of-network provider (whether intentionally or not), the proposed bill would place a benchmark on the payment amount. While billing problems are often the responsibility of the patient to sort out between the insurer and provider after receiving their bill, this legislation would require the consumers to be taken out of the middle. Medical practices involved would now deal directly with the insurer if an issue during an out-of-network payment arose.
What Medical Practices Should Know For Tax Season
It’s time again to start thinking about the upcoming tax season. What do medical practices need to remember during this time? We’ve put together some important tips to help. First, have an accountant lined up who knows the ever-changing tax landscape and what a medical practice needs to handle each time tax season comes around. If you don’t have a trusted bookkeeper and accountant, see out a referral from someone you trust.
Tips for Streamlining Your Payment Process
As a medical practice, one of your most important daily tasks involves collecting payments in a timely and efficient manner. A strong revenue cycle with timely billing keeps the practice healthy patent balances manageable. No one likes to receive a bill months after a procedure has been performed. To help you keep up with your billing, we recommend these tips.
Featured Video – Patient Payments
VP of Technology and Client Relations – Joe Kubisiak discusses patient payment solutions and how to make this process more efficient for your medical office.
Start Optimizing Your Revenue Cycle Today
Not sure where to begin? Our FREE financial assessment will identify opportunities to improve your revenue cycle and increase collections.