by Outsource Receivables, Inc. | Jan 16, 2025 | Medical Billing
In the world of medical billing, one term that often comes up is Coordination of Benefits (COB). COB plays a crucial role in determining the payment responsibilities when a patient is covered by more than one insurance policy. For healthcare providers, understanding... Read Full Post →
by Outsource Receivables, Inc. | Oct 24, 2024 | Medical Billing
Running a multi-specialty practice comes with unique challenges, particularly when it comes to managing the revenue cycle. With various specialties under one roof, each with its own coding, billing, and payer guidelines, optimizing the revenue cycle can be complex but... Read Full Post →
by Outsource Receivables, Inc. | Aug 24, 2024 | Medical Billing
Efficient front-end processes in medical billing can make a significant difference in a clinic’s revenue cycle management. Collecting patient information upfront is one of the most crucial gathering procedures, yet is often overlooked. Here’s why: ... Read Full Post →
by Outsource Receivables, Inc. | Aug 14, 2024 | Medical Billing
Is your clinic’s revenue experiencing a plateau or decline? It may be time to assess and enhance your medical billing system. Here are some key indicators and updates to consider when evaluating the effectiveness of your billing process: Inquiry Follow-Up... Read Full Post →
by Outsource Receivables, Inc. | May 24, 2024 | Medical Billing
Medical billing is a complex process that requires precision and attention to detail. In the fast-paced healthcare industry, errors can lead to significant reimbursement issues. That’s why having well-trained billers by your side is crucial. Let’s take a... Read Full Post →
by Outsource Receivables, Inc. | Apr 24, 2024 | Medical Billing
As we approach the end of the first quarter, it is crucial for clinics to prioritize the collection of co-pays. Since most patients have not met their deductibles for the year, there is a higher possibility of encountering co-payments or outstanding balances. To... Read Full Post →