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Understand your Revenue Cycle to set your medical practice for success 

Health Prime

The revenue cycle in healthcare refers to the entire process of managing the financial aspects of patient care, from the initial appointment scheduling to the final payment received for services rendered. It is also essential that your practice regularly updates patient records to prevent billing errors and delays.

Billing 94
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How EHR Reporting Helps Identify Areas of Improvement for Your Practice

Valant

For example, through outcome measurement tools in EHR systems, practitioners can monitor changes in patients’ symptoms, evaluate the effectiveness of interventions, and identify any patterns of progress or stagnation. Patient satisfaction is shaped by the details as much as by the big picture.

Billing 52
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Five healthcare trends to watch for in 2024 

Health Prime

The healthcare industry is in a constant state of evolution, developing new tools and strategies to enhance physician performance and patient satisfaction. These ongoing industry trends can also facilitate physicians’ tasks, allowing them to focus on patients while ensuring proper revenue collection.

Billing 52
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7 key components to improve your patient collections 

Health Prime

This process starts before the patient is checked in. Establish a robust system that verifies insurance information before the appointment. Remember to inform patients ahead of time of their benefits so they understand what they are paying for. This can boost collections and reduce the costs of staff productivity hours.

Billing 52