Invoicing Demo
You expect software today to deliver on the promise of flexible billing options for entity invoicing. AdvancedMD gives you the complete set of options to bill carriers, patients, and entities.
Accelerate your revenue.
Learn how to leverage your resources to collect more reimbursements faster.
Healthcare Patient Payment Processing Leads Other Industries in Difficulty
According to a 2021 U.S. Bank healthcare payments insight report*, 46% of respondents feel healthcare to be the industry with the most difficult process of making a payment. Another jarring statistic cited of consumer perception is 68%* somewhat or strongly feel healthcare payment methods lag in innovation. Payment processing has become frictionless in nearly every … Continued
3 Tips to Stop Revenue Leaks in Your Private Practice
Today’s private practices have had to adjust to mounting challenges like ICD-10, Meaningful Use, and ACA. With so many changes disrupting practice management processes, it may seem as though your private practice is leaking revenue—and it probably is. Operational inefficiencies and redundancies are costing your office time and money.
5 ways to increase front desk revenue
As an independent practice physician, you care about two things when it comes to your practice: patient care and its financial health. Many physicians go into business for themselves because they want to be independent, and one of the biggest ways to ensure that your practice stays independent is the ability to maximize your revenue … Continued
Can you increase your bottom line and simultaneously deliver a positive patient experience?
With the increasing news of patients failing to pay their medical bills, pressuring them for payment may actually result in fewer dollars and referrals received—as contrary as that may sound. But there is a counter force that demonstrates a higher reimbursement rate and an improved bottom line with start-to-finish patient satisfaction. The news on medical … Continued
RCM for Ophthalmology Performance Data
AdvancedMD offers a revenue cycle management service for ophthalmology and many other specialties. We compiled historic revenue collections performance data from the past four years to show the results our ophthalmology clients have achieved. This infographic includes charts and graphs to showcase the key performance indicators that are most important to our clients and their … Continued
Improve Practice Outcomes by Outsourcing your Revenue Cycle
A successful private practice is not easy to run. It requires an array of staff members, including but not limited to healthcare providers, administrative staff, financial staff, and business-forward staff members to all work together to improve patient engagement and retention while also improving profit and revenue.
What’s the difference between Credentialing & Contracting a provider?
What Is Credentialing? Credentialing is the formal process of verifying a provider’s qualifications. This ensures that doctors and nurses have the proper training and experience to provide the highest level of care to patients.
Revenue Cycle Management
Learn how our revenue cycle management team gives you a flexible & transparent billing experience with rich data & analytics reporting to show billing & collections performance.
5 Questions to Help You Find the Best Billing Service
Revenue cycle management is one of the most critical aspects of a financially-viable and successful practice. It is also one of the most challenging, especially for independent providers and small group practices. Some practices choose to do their own coding, billing, and collections, while others choose to outsource some or all aspects of their revenue … Continued
In- or Outsource RCM for VBC for Laboratory Clinics
This eBook was created for laboratory/pathology clinic administrators who are evaluating in-sourcing versus outsourcing revenue cycle management for value-based care. After years of discussion, debate, and false starts, the era of value-based care (VBC) is impacting billing and collections. This new landscape presents lab owners with a serious triple threat: increased complexity more stringent reporting … Continued
7 Ways to Immediately Improve Your Revenue Collection Rates
Revenue collection is a necessary part of your clinic operations, but it’s also one of the most difficult. From large multi-specialty, multi-provider, multi-location to small independent physician clinics with a single provider, revenue collection remains one of the most frustrating parts of private practice. The financial pressures of running a clinic are one of the … Continued