Practice revenue leaks don’t go away, but they can be stopped A few years ago, we published an eBook entitled “3 Tips for Stopping Revenue Leaks.” In it, we identified three key areas many practices were struggling with at the time that negatively impacted revenue. A lot has changed in the short few years since … Continued
Many healthcare practices recognize verifying patients’ insurance information as key to their success. However, this essential step is often thwarted by the complexity of the health insurance landscape and its lack of technological streamlining. With numerous insurers, thousands of plans, and the high likelihood of human error, benefit verification has become inefficient, hindering patients’ access to services.
Most billing issues and worries can be overcome by aligning your practice with best-in-class solutions. These solutions could be a blend of technology, automation and human resources. This eGuide on medical billing solutions outlines ways to balance these three key areas of your operations, whether you are using an in-house billing staff or considering an … Continued
Grow your practice with expert medical billing services from a premier AdvancedMD RCM partner. Explore offerings from more than 800 independent revenue cycle management companies with proven success in supporting healthcare practices on AdvancedMD software. Our top-tier partners carry the distinction of AdvancedBiller. These independent companies are RCM experts and have proven expertise for your … Continued
Flexible Billing Options for All Stages of Your Practice When considering how to manage your medical billing with AdvancedMD, healthcare providers must weigh the pros and cons of in-house medical billing versus leveraging the capabilities of our revenue cycle management (RCM) services. With our robust medical billing software, you get end-to-end claims management within a … Continued
When I was younger and collected baseball cards, my friends and I would always look at the back of the cards and compare stats over time for different players. These stats would reveal each player’s strengths and weaknesses and where they needed to improve.
Take a look at what’s changed over the past five years. Our powerful reporting suite that changed the way medical practices leverage business intelligence to manage their financial performance and make more strategic operating decisions turns five years old this summer. Providing cutting-edge reporting tools to help your independent practice discover hidden revenue opportunities and … Continued
After working with many AdvancedMD clients over the past four years it is painfully apparent that a great deal of time is spent on payment denial resolution (PDR). There has to be a better way to manage your workflow, right? Let me offer a couple of suggestions.
Watch this 1:41 video for a high-level overview of our RCM services bundle, including medical billing services and software. We share our partnership philosophy that includes the AdvancedMD technology you receive. You’ll learn how our services help drive operational efficiencies and billing effectiveness in managing receivables from payers and patients. This video includes a brief … Continued
AMA has published updates to Evaluation & Management (E/M) codes for 2023 and this time the focus is primarily on inpatient services. As a recap of changes in recent years, in 2021 we saw a significant change in the way records for office visits are coded.
Advanced Reporting and Analytics is unified within our practice management, EHR, and patient engagement suite to give you a 360-degree view of your practice’s financial health.
Things are tough out there for labs and other healthcare organizations. Reimbursements have been declining. The inflation rate and expenses are rising. And finding and keeping staff can be a full-time job. It all adds up to a perfect storm that makes reimbursements – whether from insurers or patients – harder to obtain. The financial … Continued