Posts

9 Essential Medical Billing KPIs for Success Within Your Healthcare Practice

By Raul Neyra / May 20, 2024 / Comments Off on 9 Essential Medical Billing KPIs for Success Within Your Healthcare Practice

Reading Time: 6 minutes At Billed Right, we prioritize Key Performance Indicators (KPIs) as essential tools for optimizing our medical billing processes. These metrics allow us to track our performance, identify areas for improvement, and ensure efficient revenue cycle management. In this concise guide, we’ll explore some of the most important KPIs for measuring practice success and how to […]

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Lean Private Practice Solutions: Medical Office Sharing

By Dr. Mitra Sadhu / May 10, 2024 / Comments Off on Lean Private Practice Solutions: Medical Office Sharing

Reading Time: 5 minutes Hi, My name is Dr Mitra Sadhu. I run a lean private practice in Florida.   A lean practice is one that is laser-focused on patient wellbeing, while cutting out all the fluff.   It comes from lean innovation, that had its beginnings in manufacturing and now has spread to pretty much every industry.   […]

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HHS Task Force on AI Regulation in Healthcare

By Raul Neyra / April 16, 2024 / Comments Off on HHS Task Force on AI Regulation in Healthcare

Reading Time: 2 minutes In today’s rapidly evolving healthcare landscape, the integration of artificial intelligence (AI) holds immense promise for improving patient outcomes and streamlining medical processes. However, with innovation comes the need for robust regulation to ensure patient safety and quality of care. Recognizing this imperative, the U.S. Department of Health and Human Services (HHS) has established a […]

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change healthcare cyberattack: The urgent need for strengthened security measures

Change Healthcare Cyberattack: The Urgent Need for Strengthened Security Measures

By Raul Neyra / March 6, 2024 / Comments Off on Change Healthcare Cyberattack: The Urgent Need for Strengthened Security Measures

Reading Time: 3 minutes Recently, a wave of cyberattacks has swept the healthcare sector, leaving a trail of disruption and uncertainty. At the heart of this crisis lies a targeted assault on Change Healthcare, a pivotal player in the U.S. healthcare technology landscape. The repercussions of this attack have reverberated nationwide, affecting patients, providers, and pharmacies alike. As detailed […]

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Mastering your medical practice's success

Mastering Your Medical Practice’s Success: The Power of a Unique Value Proposition (UVP)

By Raul Neyra / February 26, 2024 / Comments Off on Mastering Your Medical Practice’s Success: The Power of a Unique Value Proposition (UVP)

Reading Time: 5 minutes Welcome to the third part of our comprehensive guide on optimizing your medical practice’s marketing strategy. In this concluding segment, we would like to dive into crafting engaging value propositions and choosing the right marketing channels based on your audience. For those who missed the first two parts of our guide, catch up now: Part […]

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Healthcare Job Growth

Ambulatory Care Leads Healthcare Job Growth: Insights from Altarum Report

By Raul Neyra / February 6, 2024 / Comments Off on Ambulatory Care Leads Healthcare Job Growth: Insights from Altarum Report

Reading Time: 2 minutes In a remarkable turn of events, the healthcare industry witnessed unprecedented growth in 2023, adding over 650,000 jobs, marking its most substantial expansion in over three decades. This surge, outlined in a report by nonprofit research consultancy Altarum, not only signifies a remarkable revival but also underscores the sector’s resilience in the face of challenging […]

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Track for Medical Practice Success and Growth

7 More Useful KPIs to Track for Medical Practice Success and Growth

By Raul Neyra / January 22, 2024 / Comments Off on 7 More Useful KPIs to Track for Medical Practice Success and Growth

Reading Time: 5 minutes In the fast-paced world of healthcare, staying ahead requires a keen eye on performance metrics that truly matter. In a previous blog post, we delved into crucial KPIs shaping the pillars of Appointment Scheduling Efficiency, Financial Health, Patient Experience, and Operational Efficiency. If you missed our first part, catch up on those insightful KPIs here. […]

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Common Struggles in Your Medical Practice

Navigating Financial Challenges: Unveiling 3 Common Struggles in Your Medical Practice

By Raul Neyra / January 18, 2024 / Comments Off on Navigating Financial Challenges: Unveiling 3 Common Struggles in Your Medical Practice

Reading Time: 6 minutes Welcome to the Billed Right blog, where we’re tackling the nitty-gritty of financial challenges in medical practices. Understanding and navigating the “red zone” is crucial for doctors, practice managers, and medical staff in today’s ever-changing healthcare landscape. In this article, we’ll explore the three common reasons behind revenue decreases in medical practice. We aim to […]

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Mastering Medical Billing Appeals

Mastering Medical Billing Appeals: Your Comprehensive Guide.

By Raul Neyra / December 28, 2023 / Comments Off on Mastering Medical Billing Appeals: Your Comprehensive Guide.

Reading Time: 7 minutes The appeals process in medical billing holds significant importance as it provides a mechanism for healthcare providers to challenge denied claims and rectify billing discrepancies. It acts as a crucial step in ensuring accurate reimbursement, maintaining financial stability for healthcare practices, and upholding the integrity of the billing system. Effectively navigating the appeals process can […]

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Drawbacks of AI Chatbots in Healthcare

Drawbacks of AI Chatbots in Healthcare: Navigating Challenges

By Raul Neyra / December 18, 2023 / Comments Off on Drawbacks of AI Chatbots in Healthcare: Navigating Challenges

Reading Time: 4 minutes Healthcare has been undergoing a transformative journey with the integration of Artificial Intelligence (AI) and chatbots that rose to the mainstream in November of 2022. These digital companions are crucial in streamlining processes, enhancing patient care, and optimizing overall efficiency within medical practices. In this second part of our three-part series on AI in healthcare, […]

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