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3 Ways to Reduce Payment Delays
Main Points Set up Electronic Funds Transfer with your insurance companies to make sure that you are getting payments directly Complete Eligibility and Benefits checks so you know what the patient owes and what the insurance company owes Know your Credentialing status with each insurance company so you can submit claims seamlessly Cash flow is King... Or so they say in private practice. It is important to maintain a healthy cash flow especially when starting a practice. But i
Models Of Billing. Pros and Cons.
When deciding on a billing company there are quite a few factors: cost, communication, and reputation. But one area of a billing company that has gotten less criticism in the past is the structure and processes of a billing company. We are going to describe three models of billing and their pros and cons. These models can be incredibly efficient and cost effective if implemented correctly. 1. The Traditional Model Traditional models of a billing company have a clear path for
When Does it Make Sense to Outsource Billing?
The question of outsourcing billing has been a dilemma for as long as the business of private practice has existed. When do I outsource?
Breaking Bad - How a Show Can Alter Your A/R Methods
In the hit show, Breaking Bad, Walter White is faced with a terminal illness that would eventually leave his family in financial ruin after
Understanding the Language of Billing
In this blog, we will go over some of the most common medical billing terminology. Some of these terms may be familiar and some may be more
5 Reasons Why Certification Is Important
There are some significant advantages to outsourcing your billing to someone who has pursued certification over someone who has not. Here ar
3 Tips to Help you Terminate your Bad Billing Services
The number of reasons that you may be dissatisfied with your service is innumerable. There is one prevailing truth: not all billing service
Why You Should Have an EHR and How to Choose
If you could travel back in time and have a conversation with Freud or Adler about the business of private practice and billing, they would think you are talking about a fictional technocratic society. The idea that nothing is done with pen and paper anymore would be a shocking revelation. Our use of technology in the field of mental health would be astounding. Indeed, this is the world that exists today. We live in a world run by technology. A world where it is almost impo
