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COVID-19 Vaccination Drive-by Medphine for Safe & Healthy Staff

revenue management cycle

Before the 3rd wave hit the country, Medphine has taken a vital step to reinforce the safety measures by conducting a vaccine drive for its employees. Nothing can be above the wellbeing and safety of the staff for a true organization like us. We give priority to employees’ health over any other thing. Medphine understands … Read moreCOVID-19 Vaccination Drive-by Medphine for Safe & Healthy Staff

6 Tips for independent providers to keep their patient collections in top shape

6 Best Practices for Collecting Patient Payments

As per the American Hospital Association report, US healthcare providers are facing high financial strain. The situation has worsened due to COVID-19, and they have lost around $323.1 billion in 2020 only. Things are becoming more difficult for independent healthcare providers. They are struggling to keep their patient collections in top shape. If you are … Read more6 Tips for independent providers to keep their patient collections in top shape

10 Reasons Outsourcing Your Medical Billing Improves your Practice

10 reasons to outsource medical billing

A hospital or practice depends on good doctors and caregivers but for any practice to run smoothly a free and regular cash flow is equally important. Revenue cycle depends on efficient coding and billing professionals who identify correct codes for every service offered to a patient, process bills and submit claims to insurance providers. Hiring … Read more10 Reasons Outsourcing Your Medical Billing Improves your Practice

Why Payment Posting Is Important In The Medical Billing Process

EOB and ERA posting

Payment posting is considered to be a very simple task in medical billing but it is the fundamental and most important step in billing and overall revenue cycle management. It helps a practice to promptly identify a potential issue and correct it at an early stage so as to save time and avoid inconvenience. An … Read moreWhy Payment Posting Is Important In The Medical Billing Process

How to boost billing efficiency post-Covid in three simple steps?

Useful Tips to Pay Your Healthcare Bills

Covid-19 pandemic has brought many changes in the world. It has taught a lesson of working with minimal resources and utilizing them in a better manner. People and practices now are adopting smart work rather than hard work policies to cope up with the challenges. The Healthcare industry has also faced many challenges as new … Read moreHow to boost billing efficiency post-Covid in three simple steps?

5 Important steps to follow under medical billing services for mental health practices

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Medical billing is in itself a complicated and time taking process but when it comes to mental health billing the things become further complicated. The major reason why mental health billing services differ from medical billing is that medical billing is somewhat standardized and varies only marginally from patient to patient with basic tests and … Read more5 Important steps to follow under medical billing services for mental health practices

Acquire New Patients: let’s work together

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Running a successful practice depends on a practitioner’s skills but in today’s world patients are way smarter. They keep themselves well informed and look up for the best available options before turning up to any hospital or clinic, unlike older times where loyalty and goodwill worked for most of the practitioners. Now a day’s keeping … Read moreAcquire New Patients: let’s work together

Outsourcing – How It Benefits Your Practice

Medical Billing

Outsourcing in business means involving a third party in your business for doing certain tasks that are not the core function of your business. Outsourcing offers many advantages as it offers specialized and customized services to the clients and reduces the overall operational costs. When we talk about outsourcing in the healthcare industry it mainly … Read moreOutsourcing – How It Benefits Your Practice