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Understand your Revenue Cycle to set your medical practice for success 

Health Prime

This information serves as the foundation for billing and reimbursement processes. Regularly updating patient records is equally essential, as it helps prevent billing errors and delays. A well-maintained and up-to-date patient database contributes to the overall accuracy and efficiency of the revenue cycle.

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10 Frequently Asked Questions (FAQ) About Denial Management 

Health Prime

Denial management is crucial in medical billing, ensuring healthcare providers receive rightful reimbursement for their services. The bad news is that if claims are not handled, the average cost to rework a claim is $25.20, which quickly adds up. What is denial management, and why is it important?

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Hiring New Providers and Setting Them Up For Success: A Guide for Behavioral Health Practices

Valant

Ask yourself the following questions about your practice: Are you turning away potential clients due to lack of bandwidth? Do your providers often run out of time for daily tasks like clinical notes and billing-related work? Every clinician, no matter how experienced, must stay up-to-date with emerging knowledge in the field.

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How to Maximize Your Reimbursement for Group Therapy Sessions

Valant

From understanding billing to leveraging cutting-edge electronic health record (EHR) systems, here’s everything you need to know about group therapy reimbursement. But for group therapy, the bill itself may look different. Follow these best practices for documenting group treatment: Be specific. Take attendance.

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7 key components to improve your patient collections 

Health Prime

According to a Mad*Pow research report , 61% of patients are confused by their medical bills. The report also stated that most of them identified providers or their billing department as the root cause of their frustration and errors. Implementing a systematic approach to follow up on overdue accounts will be helpful.

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How To Start a Therapy Practice

Valant

As your practice grows, a strong team will include front and back-office staff to handle patient communication, scheduling, billing, etc. For further insights on effective hiring practices and fostering a positive workplace culture, check out our Growth Checklist Whitepaper. Your EHR software can help with this.

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Five healthcare trends to watch for in 2024 

Health Prime

The easy follow-up of patients using telemonitoring solutions and the augmented access to internet services will continue increasing telemedicine delivery. Learn more about this in our blog Optimize your telemedicine appointments with these best practices. The future of telemedicine will look brighter than ever in 2024.

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