Taking the time to join an established provider network can sound like a huge drain on office resources but doing so can be a major benefit for healthcare providers in the practice, as well as your patients. In-network vs. out-of-network Most patients with insurance have the option of choosing a doctor or healthcare provider that… Read more »
Being a credentialed practice helps you get “in-network” with insurance companies. Patients will almost always look for providers that readily accept their insurance, as it usually more cost-effective for them and makes the payment process easier. However, becoming a credentialed practice is not necessarily a brief and easy thing to do. The process usually takes… Read more »
Following up on unpaid claims is a vital part of the collection process. But if you do it the wrong way, or with no sense of urgency, it can result in lost revenue or patients being confused and frustrated by your billing process. Analyzing your collections process for inefficiencies, gaps, or missed opportunities can ensure… Read more »
The goal of any medical billing department is to collect the maximum amount of patient billing. So how do you make sure your staff is doing what they can to maximize revenue for your practice? Is the process clear and straightforward? Creating and documenting a thorough collection process ensures each staff member knows their responsibilities…. Read more »
Why isn’t Congress supporting our healthcare providers? Every year we go through this agonizing time frame of facing a 20% cut in Medicare payments, while Congress constantly bypasses their responsibility. Congress can’t be penalized for their lack of appropriate actions, so they do what is in their best interests. Typical political selfishness. Our government expects our healthcare providers… Read more »
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 »
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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