by Outsource Receivables | Feb 13, 2016 | Aged Receivables, Cash Flow
With the beginning of the year and ever increasing high deductible plans, a clear strategy on clinic front desk processes for patient collections is on the minds of every practice administrator. Allocation of staffing resources, process review, and training is key to...
by Outsource Receivables | Sep 30, 2015 | Aged Receivables, Cash Flow, Clearing House
When meeting with new clinics one of the challenges often uncovered is high coding lag times, missing charges that go unaccounted for, and timely filing denials. This adds up to not getting paid for the hard work and services provided. With the ICD-10 transition these...
by Outsource Receivables | Sep 5, 2015 | Aged Receivables, Cash Flow, Good A/R
In a perfect world, your mid-size independent practice would maintain 100% of medical billing A/R in the 30 days or less category. However, we all know the world is not perfect. Many clinics in Minnesota, Iowa and Wisconsin, and across the Midwest have 25% + A/R...
by Outsource Receivables | Nov 10, 2014 | Aged Receivables, Financial Services
The number of individuals filing for bankruptcy protection is rising. A major cause of bankruptcy in the U.S. is medical bills. As an independent medical practice this means that you need to be knowledgeable about how bankruptcy impacts your patients and practice. The...
by Outsource Receivables | Oct 10, 2014 | Aged Receivables, Cash Flow, Good A/R
Billing for your medical clinic services continues to grow in complexity. There are so many data entry touch points where a medical claim can go wrong and dealing with issues as you find them is just a temporary band-aid. Your front end information collections must...
by Outsource Receivables | Oct 8, 2014 | Aged Receivables, Good A/R
With high deductible health care plans continuing to increase, there are also increasing opportunities for patient misunderstandings and customer service complaints when patient medical bills go to the collections status. Keeping lines of communication consistent as...
