The state of the economy, with a rise in unemployment and so many companies shut down in the wake of the global coronavirus pandemic is putting financial pressure on many individuals. Health practices are not immune to pandemic-related downturns either. So in the face of more and more denied claims, it makes sense to put some effort into reducing their number, for the sake of the financial strength of your organization.
Everyone has been hit hard by the global coronavirus pandemic. Now as you pick yourself up and assess the damage, it’s time to focus on what steps to take to turn around your finances. The good news is that improving medical practice cash flow is easier than you may think.
Learn why patient engagement is a necessity and how you can master it within your practice.
Medical credentialing verifies that nurses and doctors are properly trained and certified and have the required professional experience to provide healthcare services to patients. It’s a crucial aspect of maintaining high standards of safety in the medical profession.
You already know how important computer and software systems are in delivering healthcare, especially from the perspective of improving employee productivity and treating more patients more effectively. That’s true in a general sense, but not all healthcare providers have insight into a particular type of software used in hospitals, practices and clinics all across the country—electronic health care record or EHR software.
The bureaucracy and behind-the-scenes machinations of the medical billing process means the revenue cycle is much more complex than in the days before the industry began adding software automation tools to the mix.
As a technologically-minded individual who wants the most for your medical practice, you already have recognized the importance of using cloud-based healthcare software. Cloud computing service providers use multiple, redundant facilities for storing data to keep it safe in the event of a catastrophic breakdown in any one server center.
See Past Events: 2020 | 2019 | 2018 | 2017 As this challenging year comes to a close, it’s worth looking ahead to 2021 and what it promises for the healthcare industry. One of the best approaches is to attend as many healthcare events and conferences as your schedule and budget will permit.
Where is it written that your medical organization has to conduct billing services in-house?
Healthcare implementation is a broad term especially when it comes to healthcare software. Is it the process of implementing it, the software we are implementing, some combination of both? It can be hard to say depending on the situation.