Accounts Receivable (A/R) in Healthcare: Aging explained
There are many elements to your practiceโs revenue cycle management, but one of the central players is the accounts receivable or A/R, as we call it. From the moment a patientโs invoice goes out the door, the clock starts ticking! Understanding how time is a crucial factor in your accounts receivable management can help optimize […]
What Do Medicare/Medicaid Contracts Look Like for Professionals
Contracting with insurance companies can be a tricky business for a healthcare provider, but it doesn’t have to be. With the right information, you can make sure that your company is not only covered but also that you are getting the best possible deal. There are many aspects to consider when contracting with insurance and […]
Reasons Why Claims Are Not Being Processed
If a healthcare patientโs claims are denied, not only will they often wonder why claims are not being processed, but they may still submit claims that are inaccurate. Here are some of the common reasons that claims are denied. Top Reasons Why A Claim Is Not Being Processed Missing Or Incomplete Patient Info An incredible […]
What Health Insurances Are Most Valuable for Your Patients
Everyone needs healthcare at some point in their life. The article is intended to assist you in understanding the different types of health insurance plans that are available, and how to choose the one that will be best for your patients. It is essential for everyone to fully understand this topic as it can make […]
In-Network vs Out-of-Network Insuranceย
Healthcare providers venturing out into private practice often don’t know how to deal with the process of getting paid for services. They’re understandably unfamiliar and can feel a sense of confusion surrounding billing and insurance. Healthcare providers are typically not taught about healthcare billing in their training, so this is an area that needs to […]