Health Prime

MARCH 21, 2024

The revenue cycle is a complex and multifaceted system that involves various stakeholders, including healthcare providers, payers (insurance companies), and patients. It begins at the front lines of the healthcare practice, where staff members collect essential demographic and insurance information during the initial patient contact.

Billing 105

Billing Medication Follow-Up Appointments 105

Valant

AUGUST 2, 2024

In addition, it’s important to be able to obtain prior authorization from insurance and track prescription statuses. Billing and Coding Support A good EHR can help you avoid common billing errors for a smoother, more dependable revenue cycle. Communication with patients is a key part of this.

Billing 98

Billing Medical History HIPAA Collaboration 98

Valant

OCTOBER 18, 2024

This could lead to improved efficiency in billing and collections processes. Insurance Reimbursement Changes: While not directly tied to interest rates, a more stable economic environment might influence insurance companies’ reimbursement policies , potentially benefiting providers.

Patient Experience 101

Patient Experience Insurance Billing Patient Care 101

Valant

DECEMBER 16, 2024

But understanding how to maintain compliance and bill properly is something that behavioral health clinicians and practice owners have to do. Every part of the billing process, front to back, is subject to these rules. More billing codes. Library of billing rules. Not all payers cover the same treatments.

Billing 87

Billing Documentation Follow-Up Best Practices 87

Health Prime

MARCH 6, 2024

Additionally, patients can address billing inquiries, view statements, and understand their financial responsibilities, promoting transparency in the billing process. Patients can view and pay their bills online through the portal, set up automatic payment plans, and receive electronic statements.

HIPAA 98

HIPAA Communication Billing Appointments 98

Health Prime

JULY 18, 2024

Denial management is crucial in medical billing, ensuring healthcare providers receive rightful reimbursement for their services. Denial management refers to identifying, analyzing, and resolving denied claims from insurance companies or payers. What is denial management, and why is it important?

Billing 105

Billing Patient Satisfaction Documentation Medication 105

Valant

AUGUST 1, 2024

Administrative Burden Running a practice yourself means handling all administrative tasks, including billing, paperwork, and regulatory compliance. Billing, scheduling, and other administrative tasks are often handled by dedicated staff, allowing providers to focus more on patient care.

Scheduling 97

Scheduling Billing Collaboration Patient Care 97