Author: Medical Revenue Associates Inc

What to Consider when Looking for the Best Medical Billing Company

Medical Billing

1. Increased Revenue: The best medical billing and credentialing service companies are experts in maximizing revenue collection by submitting claims accurately and quickly. They have the knowledge and experience to navigate complex billing rules and regulations to ensure that you receive the maximum reimbursement for your services. By outsourcing your billing, you can avoid costly… Read more »

What to Know About Uncompensated Care

What to Know About Uncompensated Care

While the Affordable Care Act has helped more Americans find healthcare insurance, there is still a significant portion of the population that is uninsured. As a result, many of them are unable to cover medical costs, resulting in uncompensated care for hospitals and physicians. This can not only hurt patients, but it can also hurt… Read more »

What is Value-Based Care?

What Is Value-Based Care?

The healthcare industry is ever-changing, and one of the most recent developments has been the push towards value-based care. As opposed to a fee-for-service model, value-based care emphasizes quality rather than quantity. Read on to learn more:   What is it?   Value-based care is a type of reimbursement that gives healthcare providers incentives based on the quality of… Read more »

Reopening Guidelines for Physicians: How to Safely Reopen Your Medical Practice

Reopening Guidelines for Physicians: How to Safely Reopen Your Medical Practice

With more and more areas of the country reopening, many physicians will have to figure out how to safely and effectively reopen their medical practice. Reopening is not like flipping a switch—you cannot expect to go back to a pre-coronavirus lifestyle just because you are allowed to have patients in your building again. Instead, you… Read more »

Revenue Cycle Management Tips for the Coronavirus

Revenue Cycle Management Tips for the Coronavirus

The coronavirus has put a tremendous strain on healthcare facilities’ revenue cycle management. Some are overburdened by the influx of patients, while others are struggling with almost no patients at all. Situations like these are why so many places are furloughing staff and cutting costs where they can in order to stay afloat.   One… Read more »

4 Ways to Collect Outstanding Patient Balances

In recent years, patients have become increasingly responsible for their medical costs. This means that they’re paying more out-of-pocket for procedures than they did even ten years ago. While some patients can handle this, others struggle to cope with this extra financial burden. This causes many to have outstanding patient balances which can be a… Read more »

MRA celebrates our 17th Anniversary

MRA is celebrating our 17th Anniversary on January 2, 2015 – and our CEO has been providing healthcare services for 30 years! Our revenue cycle management skills have been proven over and over and a client referral list is offered for confirmation of our relationships. Our CEO, Rob Levin, is available 7 days a week…. Read more »

Maintaining Low Employee Turnover Crucial to Bottom Line

Turnover rate, defined as the rate at which employees are hired and either leave a company or are fired, is a strong indicator of what to expect from a company. The higher a turnover rate within an organization, the less a potential client or customer sees, and for good reason.   Turnover rate is the… Read more »

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