85 NE Interstate 410 Loop # 575, San Antonio, TX 78216
Searching for a medical AR vendor can be extremely difficult, especially if you’ve never outsourced before. Every AR vendor has a unique set of qualities, each of which can affect their collection efforts. That’s why it’s crucial to know what qualities to look for in a good vendor. In this article, we’ll share five things… Continue reading 5 Things to Look for in a Medical AR Vendor
Medical practices prefer upfront patient payments because of the challenges of collecting overdue balances. Not only that, but upfront payments have become necessary due to the ever-increasing operating costs of the average medical practice. Unfortunately, collecting patient payments upfront can be difficult, as the barriers to upfront payments are numerous. Still, there are several steps… Continue reading How to Collect Patient Payments at the Time of Service
Outsourcing your medical office’s AR functions to a revenue cycle vendor is a big deal, requiring thoughtful consideration of multiple factors. Yet, some choose their revenue cycle vendor by comparing prices from various vendors and selecting the firm that charges the lowest rate – this can turn out to be a costly mistake. Many practice… Continue reading Choosing a Revenue Cycle Vendor: Price Shouldn’t Be the Determining Factor
Many medical practices fail to effectively manage accounts receivable, leading to long AR days, low cash flow, and financial ruin in the most severe cases. Yet, due to the merits of keeping accounts receivable functions in-house, many practices try to manage accounts receivable themselves, even to their detriment. In some situations, it may be critical… Continue reading 7 Signs You Should Outsource Medical Accounts Receivable
An issue of monumental importance in medical accounts receivable is patient-provider communication. While it may seem to be self-explanatory, patient-provider communicationrefers to the verbal and non-verbal exchange of information between patients and their providers throughout medical treatment. Effectively communicating with your patients increases the likelihood of receiving payments for services performed. This article will explain… Continue reading 4 Patient-Provider Communication Tactics to Improve the Payment Process
In a busy medical office, patient registration execution may suffer, which opens the door for costly errors. Patient registration errors are a significant driver of claims payment delays and denials. Correcting and preventing patient registration errors has a positive effect on your practice’s bottom line, increasing claims payments. This article will give you several helpful… Continue reading How to Reduce Patient Registration Errors
According to the Department of Labor, almost 15% of medical claims are denied. With such a high volume of denials, some medical providers are inclined to ask themselves whether payers wrongfully deny their claims. While coding errors, missing information, and untimely filing are to blame for a large portion of medical claim denials, sometimes denials… Continue reading 4 Reasons Why Health Insurance Carriers Wrongfully Deny Claims
Accounts receivable management is crucial to the well-being of every medical practice. Yet, many don’t give the business function the attention it deserves. This article will share several reasons why medical AR management is important for your medical practice. We’ll also share some tips to help you effectively manage your AR. Patient Deductibles are Increasing… Continue reading Why Medical AR Management is Important
Minimizing insurance claim denials is critical to the financial wellbeing of your medical practice. It has a direct effect on the business’s cash flow. Unfortunately, to obtain payment, providers have to jump through countless hoops. Providers who don’t have denial reduction measures in place will see a high percentage of insurance denials. In this article,… Continue reading 7 Ways to Minimize Insurance Denials
Without a doubt, medical accounts receivable is one of the most challenging functions of any medical business office. From making patient collections calls to responding to insurance denials, medical AR requires a wealth of knowledge and defined processes and procedures. Accounts receivable challenges are numerous, and if they are not remedied effectively, the business’s finances… Continue reading Top 3 Medical Accounts Receivable Challenges and Solutions
Thank you for your interest. We look forward to hearing from you soon.
Clients please call us at:
(210) 340-3990
(800) 929-6088
For questions regarding your account:
(210) 293-5933
Address
85 NE Interstate 410 Loop # 575
San Antonio, TX 78216
