article thumbnail

5 signs you should consider a medical billing partner

Health Prime

Accurate and efficient medical billing is essential for your practice to get timely reimbursement for the services you render to patients. Therefore, optimized medical billing cannot be overstated. Learn about the benefits of outsourcing your medical billing in our blog 5 reasons to outsource your medical billing.

Billing 98
article thumbnail

6 strategies to improve bad debt management in medical billing 

Health Prime

In the complex world of medical billing, dealing with bad debt is an inevitable challenge that healthcare providers often face. Unpaid bills, denied claims, and delayed payments can significantly impact the financial health of a medical practice. Strategies to improve bad debt management in medical billing 1.

Billing 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DSM-5 Text Revisions: What Changed, and What Does That Mean for Mental Health Providers?

Valant

(Updated 11/6/2024) In March of 2022, the American Psychological Association (APA) released changes to its diagnostic manual, the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition.

article thumbnail

Food Insecurity, Energy Prices, and Medical Debt Spike in February 2022

Health Populi

household budgets in February 2022, highlighted in a poll from Morning Consult : inflationary spikes for housing, food, and energy, and the COVID-19 Omicron variant forcing health care costs up for some consumers driving medical debt up. in January 2022. in January 2022. There’s a trifecta cost challenge hitting U.S.

article thumbnail

How Healthcare Organizations Can Rise Above the Swelling Payment Epidemic

Electronic Health Reporter

A July 2022 report confirmed what most providers have seen coming during this time of rampant inflation: Unexpected healthcare costs can be crippling for […] The article How Healthcare Organizations Can Rise Above the Swelling Payment Epidemic appeared first on electronichealthreporter.com. Illegal copying is prohibited.

article thumbnail

Thinking Value-Based Health Care at HLTH 2022 – A Call-to-Action

Health Populi

The cost of health insurance for a worker who buys into a health plan at work in 2022 reached $22,463 for their family. The average monthly mortgage payment was $1,759 in mid-2022. Back in that day, “1 family in 3 got a hospital bill” and “A doctor bill came with each hospital bill…most likely for surgery.”

Billing 71
article thumbnail

Healthcare Bills, Affordability, and Self-Rationing Care Will Continue to Challenge U.S. Health Consumers in 2024

Health Populi

consumers say they can’t afford to pay their medical bills on-time, based on the 2023 Consumer Survey from Access One, a financial services company focused on healthcare payments. Furthermore, one-third of consumers are not confident they could pay a medical bill of $500 or more. Two-thirds of U.S.

Billing 71