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Meeting Psychiatrists’ Technical Needs: A Practice Owner’s Guide to EHR

Valant

Additionally, if your EHR can collect payment before patients join a session, you can save providers the hassle of asking for it before, during, or after the session. Billing and Coding Support A good EHR can help you avoid common billing errors for a smoother, more dependable revenue cycle.

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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. This information serves as the foundation for billing and reimbursement processes.

Billing 105
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The Impact of Falling Interest Rates and Lower Inflation on Your Behavioral Health Practice

Valant

Expectations of falling interest rates and lower inflation earlier in the year have come to pass, and these changes can have significant implications for behavioral health practices, affecting everything from operational costs to patient care. This could lead to improved efficiency in billing and collections processes.

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Opening Your Own Practice vs. Working at a Group Practice: Pros and Cons

Valant

This level of control allows you to create an environment that reflects your priorities for patient care. You can decide to specialize in certain treatment methods or set up your practice to be more welcoming and accessible to specific patient groups. These responsibilities consume time you could otherwise spend with patients.

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5 Ways to Use Outcome Measures Data

Valant

Outcome measures data provides the takeaways used to evaluate the effectiveness of treatments and to ensure that patient care meets established quality standards. This approach is a departure from traditional fee-for-service models , which pay providers based on the volume of services they deliver.

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

Valant

Do your providers often run out of time for daily tasks like clinical notes and billing-related work? Do patients struggle to schedule timely appointments and/or contact their provider when needed? Ask yourself the following questions about your practice: Are you turning away potential clients due to lack of bandwidth?

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5 benefits of benchmarking for your medical practice 

Health Prime

Check out our whitepaper to learn more about how to begin benchmarking. Set benchmarks for your medical practice to boost income and enhance patient care. At Health Prime , we can help you take advantage of benchmarking to increase revenue and improve patient care. Reach us at sales@hpiinc.com.