#ASC Billing in Florida ASC Billing in Texas ASC Billing in New York ASC Billing in Michigan ASC Billing in Pennsylvania

[jennyvergeese]

undefined

Almost every medical practice starts the day with the intention of managing schedules efficiently. But many end up taking in extra patients into their already busy schedules, resulting in inefficiency, bottlenecks and frustration among patients. Therefore, resolving scheduling issue becomes necessary for practices if efficiency needs to be improved.

[jennyvergeese]

How To Avoid Mistakes in Revenue Cycle Management?

In order to ensure smooth operations, they need prompt payments from patients as well as insurers. Providers need to improve their revenue cycle processes for accommodating the changes in the healthcare industry. They need to manage the revenue cycle effectively because even though the financial impact on one claim may seem small, the effect on the bottom line will be huge when multiplied by hundreds of visits a week.

Here are some common RCM mistakes that can halt the progress of your practice:

Don’t make the mistake of relying on your existing staff for handling increased A/R activities. At times, lack of skilled professionals and budget constraint force providers to “make do” with existing staff to manage increased A/R volume. What they don’t realize is when the volume of patient’s increases, the staff can’t touch all accounts in a timely manner and this will affect the revenue cycle. Finding experienced Medical Billing Company and A/R experts maybe a challenging task but you need to have the right people if you want to keep your revenue cycle humming.

If you are expecting self-pay results when you practice has only sent statements, then you are in trouble. Unfortunately, a patient-friendly billing statement may not be sufficient for getting patients to pay on time. Even the process of getting payments via inbound calls isn’t an effective way of maximizing returns. To solve this problem, practices need to build an effective outbound calling strategy that will not only drive more payments from patients but also improve the overall experience of patients.

One of the biggest RCM mistakes that providers make is not providing enough payment options to patients. It has become necessary for healthcare facilities to leverage new technologies and trends instead of sticking to traditional, outdated strategies. Payment procedures need to be simplified for patients if you want to get timely payments for rendered services.

When you are setting up RCM system for your practice, you need to implement coding function for flagging all possible coding errors. Before claims are officially filed, employees will be flagged for common mistakes. Even information filing will have to be spruced up. The RCM system will be combing patient files and flagging billing information. This is necessary because the most common mistakes can happen in billing.

So if you are witnessing mistakes in your RCM, then start making necessary changes today.

 About 247 Medical Billing Services: We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses.

 Contact:  247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com

[jennyvergeese]

Improve Patient Scheduling Become a Necessity For Medical Practices.

Balancing clinical obligations and taking care of patient needs and practice resources can take a toll on providers. But in order to enhance patient experience, it is important to improve their access to timely care. This can happen only when practices improve appointment scheduling. For instance, providers need to implement strategic scheduling practices such as same-day appointments or even consider piloting different scheduling models for optimizing access.

Almost every medical practice starts the day with the intention of managing schedules efficiently. But many end up taking in extra patients into their already busy schedules, resulting in inefficiency, bottlenecks and frustration among patients. Therefore, resolving scheduling issue becomes necessary for practices if efficiency needs to be improved.

 Here are some of the benefits that practices can enjoy by enhancing patient scheduling:

 Better scheduling will help in empowering patients and also help practices create industry-wide value. There is a strong need to remove friction from scheduling process and let patient’s book treatments whenever it is convenient for them. By giving them some appointment scheduling tools, patients can be enabled to book appointments when they need and wherever they need. This will not only help practices grow but also improve patient experience.  

Since patients are starting to demand a high level of service, improving patient scheduling has become a necessity for medical practices. If your practice is offering friction-less scheduling, patients won’t leave your practice perplexed and dissatisfied. It will position your practice for future growth.

If patient appointment scheduling is effective, providers will be able to deliver better care. The benefits of streamlined booking processes ripple out on other care provision aspects. With better booking, admin staff will be under less pressure. It will also highlight the practice’s need for growth and help the practice set expectations for the patients.

If appointment scheduling is under control and manageable staff at the practice will get a chance to solve bigger problems. They will be able to handle no-show patients and also get better at prioritising patients in a better fashion.

If you are running a practice under the value-based healthcare model, improving patient experience will help you create a win-win situation. Since customer satisfaction, patient engagement and patient access are three important aspects of the value-based care puzzle, it is very important for practices to master them in order to get results.  

 To Know More About@ http://bit.ly/2Al76aA

 About 247 Medical Billing Services:

We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. Contact:  247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com