Reframing Collections as a Continual Process Can Cut Back on Bad Debt
Healthcare professionals should reframe collections as a continual process that commences before treatment instead of considering them one-off events.
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Revenue
New Advancements Expected for Physicians & Patients Following Recent Acquisition
The Cardior acquisition may revolutionize the management and treatment of cardiovascular disease, ultimately benefiting both physicians and patients.
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How Trends in the Healthcare Industry Impact Physician Compensation
Both physicians in training and well-established physicians should stay abreast of healthcare industry trends, as they can significantly impact compensation.
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How Struggling Hospital Operating Margins & Rising Patient Volume Affect Physicians
Although patient volume is rising in healthcare systems, costs that outpace gains up to 3:1 continue to squeeze margins.
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Areas of Revenue Cycle Management That Require Significant Expertise
Revenue cycle management (RCM) can be a tricky task for healthcare organizations. Certain elements...
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How Physicians Can Be Fairly Compensated for Time Spent Communicating Online With Patients
The COVID-19 pandemic significantly affected the healthcare industry in myriad ways, including...
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How Typical Coding Problems Can Negatively Impact Revenue
Healthcare coding can prove quite challenging and frustrating, as coders must make sure to...
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How Medicaid ‘Unwinding’ Negatively Affects CHCs’ Revenue & Patient Care
Community Health Centers (CHCs) are essential lifelines for many of the country’s rural and urban...
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Three Non-Traditional KPIs That Affect Collections & Cash Flow
Key Performance Indicators (KPIs) often involve elements like charges, payments, net collection,...
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Many Clinicians Have Fallen Short of 2022 Revenue Goals
For many physicians, achieving 2022 revenue goals has been challenging. London-based consulting...
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Addressing Revenue-Cycle Talent Recruitment Struggles
Recruiting revenue-cycle talent carries significant financial and time-efficiency costs. Filling...
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How to Avoid Being Lured into Fraudulent Schemes
Although physicians dedicate their lives to ethically and compassionately caring for others, this...
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Metrics & Benchmarking Data Offer Insight into Productivity
Part of ensuring smooth and profitable workflow involves consistently examining the overall...
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Devoting Less Time to Billing Can Raise Revenue
Administrative costs account for between 15% and 25% of total US health expenditures, the majority...
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The Mechanics of Selling a Medical Practice
Many decades ago, retiring physicians could seamlessly sell their practice to a young physician....
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Benefits and Drawbacks to Owning a Medical Franchise
Medical franchises run the gamut, from serving as drug testing labs and immunization sites, to...
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The Benefits of Strategic Approach to Automation in Revenue Cycle Management
With each new year, revenue cycle management (RCM) grows increasingly challenging, prompting...
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The Importance of a Clinically-Driven Revenue Cycle
Clinical care claims are the driving force behind any healthcare organization’s revenue cycle....
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Don’t Underestimate Small-Cap Stocks
In a world where bigger is better, an ambitious physician investor may be tempted to head straight...
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Key Physician Revenue Findings from the Physician Flash Report
According to a recent report from KaufmanHall, employed physician productivity and revenue for Q2...
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