Healthcare in the U.S. is an expensive affair. People invest heavily in health insurance plans that can be used during a medical emergency or regular health checkups. Insurance plans are utilized for lab tests, maternity, newborn, mental health, immunizations, rehabilitation services, and more.
Continue reading “The Right Time to Switch Credentialing to an External Partner”
Proper management of account receivables is critical for a practice’s revenue cycle. Underpayments and denials of claims are on the rise, with insurance companies’ ever-evolving rules for medical procedures. The result is that doctors and other healthcare providers such as pharmacists struggle to stay up to date with these complex rules and improve account receivable management to increase their bottom line.
Continue reading “Improving Management of Account Receivables to Boost Your Revenue Cycle”