Reading Time: 2 minutesOrlando, Florida, August 14th, 2024 – Billed Right, a leading Revenue Cycle Management (RCM) company founded in 2006 and headquartered in Longwood, Florida,is proud to announce its inclusion in the 2024 Inc. 5000 list, ranking among the fastest-growing private companies in the United States. This prestigious recognition highlights Billed Right’s remarkable growth and its unwavering […]
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Reading Time: 5 minutesAs a Revenue Cycle Management (RCM) company, we aim to provide a clear, unbiased analysis of in-house billing versus outsourcing. We specialize in outsourced billing but recognize that in-house billing can benefit certain practices. In this blog, we’ll cover key factors to help you decide which billing approach fits your practice—whether you’re looking to cut […]
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Reading Time: 5 minutesArtificial intelligence (AI) is no longer a futuristic concept—it’s transforming healthcare today. From enhancing diagnostic accuracy to streamlining administrative tasks, AI is already significantly impacting how healthcare professionals deliver care. The potential is immense, but it starts with taking actionable steps to integrate AI into daily practice. For healthcare providers, the question is no longer […]
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Reading Time: 3 minutesHealthcare compliance isn’t just about following regulations—it’s about ensuring the safety of your practice, your staff, and, most importantly, your patients. Compliance protects your practice from legal risks, financial penalties, and reputational damage. Maintaining a compliant practice is essential for long-term success and stability in an industry governed by strict regulations. This blog is the […]
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Reading Time: 3 minutesIn today’s healthcare landscape, maintaining a healthy bottom line is critical for the success of any medical practice. Yet, many practices unknowingly lose substantial revenue due to inefficient billing processes. To help practices identify and address these issues, we’ve developed two powerful tools: the “How Much Revenue Are You Losing?” Calculator and the “Medical Billing […]
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Reading Time: 5 minutesHealthcare compliance refers to the process of adhering to established guidelines, regulations, and standards set forth by regulatory bodies in the healthcare industry. These guidelines ensure that healthcare practices operate within legal and ethical boundaries, safeguarding patient safety and data privacy. Compliance is critical for several reasons: Patient Safety and Quality of Care: Ensuring […]
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Reading Time: 6 minutesAt 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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Reading Time: 2 minutesIn 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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Reading Time: 3 minutesRecently, 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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Reading Time: 5 minutesWelcome 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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