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Showing posts from December, 2023

Medical Billing Software: 5 Ways to Improve Your Revenue Cycle In 2024

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  The healthcare industry continues to evolve today. With the increasing importance of healthcare revenue cycle management (RCM), ensuring financial stability and success for the healthcare industry has become increasingly important. Therefore, healthcare providers must stay current with the latest RCM strategies and best practices. Consequently, an optimized revenue cycle management or RCM is the key to success for any successful medical practice. Having said that, it is advisable to update your practice management or medical billing software to help solve problems and improve revenue cycle management. This also means you must include a robust patient portal for tasks such as self-scheduling and automated reminders so patients can attend their appointments. Some Common Problems Faced While Implementing RCM Clinical errors are often generated at the time of patient registration. This leads to non-clinical denials from insurance payers. At the same time, payment could be denied due to

How Do You Get the Right EHR Software For Your Healthcare Practice?

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Today's healthcare practices cannot survive in a vacuum. They need modern systems such as EHR Software to improve patient outcomes, money, and time. Already, 86.9% of office-based physicians in the USA already use EHR to manage patient records. At the same time, experts predict adoption rates will rise. Although doctors may use an EHR system even now, the essential aspect is selecting the right EHR system for healthcare practice. Let us dive into this subject to explore how you could determine the right EHR software for your healthcare practice. Determine your Needs. Your practice's needs may differ depending upon various factors, such as the number of patients you see, the number of doctors and associates you have, your specialties, and the clinic size. At the same time, you will need to consider your future needs as you may plan to grow your business in the future. Also, identify your high-priority needs and match them to the features of the EHR you propose to purchase