by Outsource Receivables | Sep 15, 2016 | Cash Flow, EHR, Medical Billing Technology, Practice Managment Software
With the complexity of revenue cycle management you need a medical practice Champion! The process revisions and trainings can wear on staff who don’t get excited about changes in their workday. Or if your medical practice has finally accepted it needs to get new...
by Outsource Receivables | Feb 19, 2016 | Aged Receivables, Cash Flow
As you analyze your current collections strategy, it’s critical to assess collection of patient balances after insurance has processed. Consumer-driven and high-deductible health plans has necessitated other time-of-service collections strategies. While collecting...
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 | Dec 23, 2015 | Cash Flow, Health Practice Marketing Goals, Independent Health Practices
Have you thought about your 2016 revenue cycle management and clinic business goals? Even the most well run practices can benefit from reflection and goal setting at least once a year. Some things for you to consider as you begin your journey into 2016 are:...
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...
