Accelerate your revenue.

You’ve probably heard people say that the definition of insanity is doing the same thing over and over again and expecting different results. That’s not actually the definition — Merriam Webster defines insanity as “extreme folly or unreasonableness; something utterly foolish or unreasonable” — but the point is well taken that doing something that hasn’t … Continued

If you look around online you will find a lot of information about how to manage the revenue cycle in your medical practice. While revenue cycle management is definitely important, and a foundational part of running a successful clinic, we think you should set your sights a little bit higher in trying to optimize revenue … Continued

Revenue cycle management might be one of the most commonly overlooked, yet most critical parts, of a successful practice. For many providers, though, running a business isn’t exactly why you got into medicine in the first place and it’s certainly not something that they covered in-depth during medical school. Even with a highly trained office … Continued

In part one of this blog post we covered two important things you might be missing in your revenue cycle management. Here are two additional things to be aware of that could be causing you to lose out on revenue for your medical practice. 3: Assuming that revenue cycle management is done once you send … Continued

There are few things in medicine as important as the revenue cycle, but this is also one of the most overlooked aspects of many small and independent clinics. Physicians are often focused on providing great care—which is certainly important too—leaving revenue cycle to an office manager or staff member, or simply ignoring it and hoping … Continued

Efficient and effective revenue cycle management (RCM) is the key to a profitable medical practice. Unfortunately, while many physicians are exceptional at providing care for patients—evaluating symptoms, diagnosing problems, and finding appropriate treatments—not everyone is good at RCM. As the owner of small or independent practice, you have to be both a great provider and … Continued

Patient encounters are the lifeblood of any practice, but there’s another side of every patient encounter that is equally impactful and may not get as much attention—the revenue cycle management that allows you to collect payment after each patient appointment. Medicine, unlike many other industries, has a complex web of payment processes, and if not … Continued

Provider credentialing isn’t a topic discussed often in healthcare revenue cycle management. However, more organizations are recognizing credentialing as an essential part of the revenue cycle. Without it, practices and clinics cannot legally bill patients for services or collect revenue. Further, failing to properly credential even one provider can put your organization at serious risk … Continued