Every day, several patients visit a doctor with varying signs and symptoms. While all the records are well maintained in the system, you can not possibly expect the doctor to remember details of a patient that visited them three years back, unless it was a one of a kind cases in their profession. Let’s assume … Read moreRCM: PREDICTIVE ANALYSIS IN HEALTHCARE
Source What makes a healthcare treatment and care delivery system? The patients! Most of the physicians and hospitals have a tough time attracting and retaining patients. The reason for the falling patient engagement could range from patients not feeling valued by the inefficient and untrained front-desk support or patients getting overwhelmed with the healthcare organizations … Read moreEFFECTIVE PATIENT-ENGAGEMENT STRATEGIES
Automation ever since its introduction in the early 1900s has been rapidly disrupting various industries by minimizing the manual efforts, enhancing accuracy, paving the way for the workforce to better utilize their knowledge and skills towards growth and development. One of the industries massively transformed with automation is healthcare system, which post-digitization has gained more … Read moreAUTOMATE HEALTHCARE, ENHANCE PRODUCTIVITY
As the healthcare expenditure in the United States is skyrocketing with every passing year, so is the number of Americans getting themselves covered under health insurance policies. These health insurance policies regulated by the federal government keep evolving with the situation and the ever so evolving needs. While these healthcare reforms have a profound impact … Read moreMEDICARE 2019: IMPACT ON BILLING AND CODING
A: I will never recommend that medical practice, even to my nemesis? B: Why so? A: They have a pathetic front-desk staff? No etiquettes, disorganized and sheer wastage of time, visiting that hospital. And there goes all your hard-work straight in the drain. You know how they say, “first impression matters”? This is apt … Read moreENHANCE YOUR PRACTICE’S FRONT-DESK EFFICIENCY
150 billion! Yes, that is how much healthcare systems of the United State lose because of patient no-shows, in a year. Setting up, operating and maintaining healthcare organization is expensive. What adds to the staggering expense and has an adverse impact on the revenue generated is the frustrating habit of the patient not showing without … Read moreHow Patient No-Show Affects RCM?
Yes, setting up a medical practice is time and cost-extensive but that is not the end of it. How are you going to survive the health care competition without continuously working towards improving the practice management? It takes diligence and exceptional administration skills to operate a successful and efficient practice. Take note of these strategies … Read moreImprove Medical Practice Management
What makes a medical practice worth revisiting and recommending? The hospitality. The way the practice treat the patient coming for the treatment is what makes the facility trustworthy. A patient’s experience doesn’t stop at them leaving the door of the facility after successful surgery. How enriching has been the patient’s experience at the facility has … Read moreBOOST PATIENT’S EXPERIENCE, ENHANCE BILLING!
Ever since its inception in the year, 2008 with bitcoin, block-chain technology has been a creating ripple in industries, impacting everything. So what is blockchain? It is a chronological arrangement of write once read only data that can be shared and distributed across authorized users, but if one has to delete or alter any data, … Read moreBLOCKCHAIN IN HEALTHCARE
The following constitutes a healthy revenue cycle management: Patient Pre-Authorization Eligibility & Benefits Verification Claims Submission Payment Posting Denial Management Reporting Of all these critical processes required for an effective revenue cycle management, payment posting is one of the most crucial ones. Although it seems like a simple process, payment posting if gone wrong can … Read moreHow Can Your Medical Practice Benefit From Payment Posting?