by Outsource Receivables, Inc. | Mar 24, 2022 | Cash Flow, Medical Billing
As we reach the tail end of the first quarter, clinics should be especially focused on collecting co-pays. Most patients have not met their deductibles for the year, which means that the chance of having copayments or even an outstanding balance is higher. To help...
by Outsource Receivables, Inc. | Jan 19, 2022 | Patient Self-Pay Options, Cash Flow
With reimbursement rates constantly changing and the No Surprise Act taking effect January 1, 2022, many providers are looking at a challenging first quarter. Collecting payments has already become a large issue for clinics across the nation, but now the added...
by Outsource Receivables, Inc. | Jun 17, 2021 | Accounts/Receivable, Cash Flow, Chicago, Illinois, Medical Billing Services
As we move into the slower summer months, clinics may see a discrepancy in the volume of bills being sent out versus the cost of in-house billers. Plus, the on-staff billers may have struggled to keep up with all the coding changes that happened this year due to the...
by Outsource Receivables, Inc. | Apr 14, 2021 | Accounts/Receivable, Cash Flow, Medical Billing & Coding
When your clinic’s revenue has seemed to stall or decrease, that often means there’s some issues with the medical billing system that need to be addressed. Here are some key indicators or updates to consider when assessing your billing process. Inquiry Follow-Up Have...
by Outsource Receivables, Inc. | Mar 4, 2021 | Cash Flow
The first few months of the year are often a less busy time for clinics as deductibles reset; additionally, they might still be feeling the effects of COVID-19 complicating the healthcare system. In other words, this is the perfect time to evaluate and reinforce a...
by Outsource Receivables, Inc. | Feb 5, 2021 | Accounts/Receivable, Cash Flow
While medical billing requires extensive knowledge of the constantly adapting medical codes, it also requires accurate information from the staff who collect those initial details from and interact more regularly with the patient. Most notably, the front desk team....
