Practice Automation Made Affordable & Simple

Practice Automation Made Affordable & Simple

Many physicians struggle to find and retain qualified staff to run the insurance claims side of their practice. In Jacksonville, Fla., where the local economy went into recession, hiring was a particularly painful process. PracticeSuite Helps Jacksonville Practice Clear Up $900,000 AR Backlog In fact, an inability to engage experienced billing staff led one Jacksonville internal medicine practice to accumulate $900,000 in accounts receivable (AR). Although the practice implemented PracticeSuite’s medical billing software in an effort to streamline and improve...

Review of Elation Health Medical Billing Service—5 Stars

Review of Elation Health Medical Billing Service—5 Stars

In our review of the 10 best medical billing companies, ElationHealth Medical Billing Service comes in at number 2 with a five star rating based on: Revenue cycle performance metrics, experience and specialties supported, client responsiveness, integrated technology, and over-all customer satisfaction. Physicians with Elation Health’s Clinical First EHR can take advantage of its billing services to automate billing code entry. Codes can flow directly from a visit note to the practice management system—and vice versa. The service also provides...

Near Zero Collections – To Healthy Cash Flow – Emery Medical Solutions

Near Zero Collections – To Healthy Cash Flow – Emery Medical Solutions

Near Zero Collections – To Healthy Cash Flow – Emery Medical Solutions It was a healthcare provider’s worst nightmare: six months with collections at near zero the result of switching medical billing services. Nor was it a simple technology or communications problem—the billing vendor promised collections in the 90-percent range to lure the Center in, then completely failed to interface with their imaging records systems. Emery Medical Solutions, based in Apopka, Fla., is a comprehensive state of the art diagnostic...

How Outsourcing Would Work For Your Practice

How Outsourcing Would Work For Your Practice

The Decision To Outsource Can Be a Tough One   Many of our doctors have made the financial decision to outsource claims management and collections to PracticeSuite’s expert RCM services team. Here’s why they choose not to handle RCM in-house: “We’re doing better than we have ever done before…my collection rate has improved.” “The support from our dedicated billing team is wonderful.” “Customer service has been phenomenal.” “One of the best decisions I’ve made.” If you’d like to… Reduce your...

The Dark Side of In-House Billing

The Dark Side of In-House Billing

Doctors just want to take care of their patients, but everything you do – or don’t do when it comes to coding, determines what you’ll get paid. So our question to you is this: Is the lack of clinical documentation knowledge killing your bottom line? Under-coding represents the number one area of lost revenue for physicians. We find three main reasons doctor prefer to under-code: To avoid payer hassles. Payers already challenge everything you do, constantly denying claims and making...

Not Everyone Can Be a Doctor – Not Every CFO Can Be a Practice Manager

Not Everyone Can Be a Doctor – Not Every CFO Can Be a Practice Manager

This is a true tale, but a cautionary one. We know of a practice where an excellent young physician hired his recently retired CFO dad to help him run his practice. The physician loved treating patients, and Dad, fresh out of corporate America, started a new career as a practice administrator. I bet you can already see the writing on the wall. Neither of them understood how to manage the revenue cycle, and they didn’t have the right people in...

How To Gain 2 Hours Per Day – And Get More Done

How To Gain 2 Hours Per Day – And Get More Done

The Secret To Gaining an Extra 2 Hours a Day   Recently, we’ve been working with a two-doctor, multi-specialty hybrid practice where 70% of their income comes from insurance billing and 30% comes from subscriptions. They’d been bursting at the seams with patients when their long-time office administrator and very experienced biller announced she was moved away due to her husband’s promotion and relocation. She left with a month’s notice. The doctors were able to find a replacement, but the...

Can You Afford To Hire An Additional Biller?

Can You Afford To Hire An Additional Biller?

Rapid growth is both a blessing and a curse. You start out with plenty of bandwidth to handle all aspects of managing your practice. Your patients love and trust you. It’s the perfect balance of care and collections. Then you grow rapidly…and before you know it, your internal structure is fracturing, billing is falling behind, and there’s a noticeable increase in billing errors. Your patients notice, too. Staff seem hurried and a little less personable. The first solution that comes...

How to Scale Your Practice – And Keep Up With Billing

How to Scale Your Practice – And Keep Up With Billing

Want to scale your practice 25% over the next 12 months?   Here’s a common road map: Month 1 – Bring on another doctor Month 2 – Open a new location Month 3 – Accept new patients and new insurances; offer concierge services Month 4 – Hire a NP or PA The fatal flaw contained in this plan—is the assumption that your infrastructure will scale smoothly without disrupting cash flow. Even when you have the funding and the patients to...

The Dark Side of Hiring A Medical Biller

The Dark Side of Hiring A Medical Biller

Providers looking to expand their practice or improve their revenue cycle are faced with one and the same dilemma: that of hiring an experienced medical biller. The hard truth is that hiring smart, experienced people for any role in your practice is a time-consuming task that does not always bear fruit. The low unemployment rate and the fact that some areas of the country never fully recovered from the Great Recession are just two factors contributing to hiring difficulties. Another...

Choosing the Right Medical Billing Service: Key to Your Practice’s Success?

Choosing the Right Medical Billing Service: Key to Your Practice’s Success?

Healthcare is increasingly moving to a “consumer driven” model. The good news is that consumers are demanding the right to choose their own practitioners and financing, but the bad news is that this means consumers must also be the sole decision-makers when problems arise. Caught in the crossfire of this evolving model are medical practices who are finding it increasingly difficult to operate under decreased revenue and increased operational cost. Add to this the ever changing coding and billing requirements...

3 Tips For Selecting the Best Medical Billing Company

Choosing a vendor is never a simple task, but knowing what questions to ask makes it a lot easier. Here are three things to look for when selecting a medical billing service and the questions you should ask to determine if they fill the bill. Don’t choose a Service based solely on price. A full service medical billing company with experienced billers and advanced revenue cycle technology is able to command a premium for their services because their total collections...