Reading Time: 5 minutes As 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: 3 minutes Healthcare 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 minutes In 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 minutes Healthcare 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: 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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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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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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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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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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Reading Time: 5 minutes Ever wondered what keeps a medical practice ticking and, more importantly, thriving? Well, it’s not just about treating patients; it’s about keeping tabs on the right stuff. In the dynamic landscape of healthcare, achieving and sustaining success requires a strategic approach. For medical practitioners, practice managers, and healthcare staff alike, understanding and harnessing the power […]
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