Six Ways to Reduce Medical Practice Expenses

Six Ways to Reduce Medical Practice Expenses

Categories Billing & Coding
There are two paths to increased net income at medical practices:  higher revenue and lower expenses.  Medical office expenses deserve more attention as potential sources of net income than they usually get, because operating expenses are substantial and the practice has more direct control over c ...
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Is It Time To Outsource Your Practice Billing?

Is It Time To Outsource Your Practice Billing?

Categories Billing & Coding
For years, I refused to consider outsourcing my practice's billing. We outsourced transcription and payroll, we partnered to start infusion services and a sleep lab, but my ego got in the way when it came to billing. I felt my value would decrease markedly if I acknowledged someone else might do our ...
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In-House vs. Outsourced Billing Operations

In-House vs. Outsourced Billing Operations

Categories Billing & Coding
In my nearly 20 years of practicing medicine as both a healthcare provider and medical practice owner, medical billing has proven to be one of the most complex and crucial components of my business.As the management of medical practices evolves with the introduction of new technologies, government r ...
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Worth Getting Right to Get Paid

Worth Getting Right to Get Paid

Categories Billing & Coding
Now that CMS has notified us that everyone needs to re-credential with them soon, it seems as if many insurance companies are getting on that bandwagon, too. There will be a flurry of activity for each office once they receive their letter from CMS telling them to re-credential. This is going to mak ...
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