by Outsource Receivables, Inc. | Dec 7, 2017 | Aged Receivables, Cash Flow, Clearing House, Financial Services, Good A/R, Medical Billing, Medical Billing Solutions, Medical Billing Technology, Practice Managment Software
As a medical professional, having to follow up with your patients to ensure that patient balances are addressed is more than likely not your favorite part of your job. Tackling patient collections on your own can be draining and extremely time consuming. So, there’s...
by Outsource Receivables | Aug 19, 2016 | Good A/R
Mid size independent medical practices have been hit hard by the various trends over the last few years in insurance reimbursement. The overall reduction of Medicare and Medicaid reimbursement, third-party payers negotiating fee-for-service contracts., tightening of...
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 | May 6, 2015 | Good A/R, Independent Health Practices, Medical Billing, Medical Billing Technology
Follow ORI on Twitter at @ORI_Med_Billing and join in our conversation – talk to us or talk about us. Send us links to interesting articles, groundbreaking stories, and new and better ways of medical billing and revenue cycle management that no one else is...
by Outsource Receivables | Apr 15, 2015 | Cash Flow, EHR, Financial Services, Good A/R, Independent Health Practices, Medical Billing, Practice Managment Software
Another ICD-10 “testing week” is coming soon on June 1-5, 2015. Providers will be able to test their processes for ICD-10 with Medicare Administrative Contractors (MACs). Information on how to participate is available on your MAC website or through your...
by Outsource Receivables | Dec 30, 2014 | Cash Flow, Good A/R
A recent MGMA article announced the Centers for Medicare & Medicaid Services (CMS) recently released new coding requirements. The requirements are related to Healthcare Common Procedure Coding System or commonly known as HCPCS. The modifier -59 is a widely used...