4 Key Performance Indicators for Physician Practices
Key performance indicators (KPIs) offer physician practices a calibrated lens to gauge progression, pinpoint expansion opportunities, and illuminate areas primed for optimization or adjustments. …
Resources
Anesthesia Revenue Opportunities
Summary It takes a certain level of financial resources and other inducements to attract and retain quality anesthesia providers. Because of these pressures on…
Understanding the Value of a Strong Collection Agency for Anesthesia Practices
Summary There is a distinct difference in the approach and functions of a billing company and that of a collection agency. Anesthesia practices need…
Hospital Coding Accuracy: Best Practices for Error-Free Claims
Hospital coding accuracy is a significant component of the claims process. It’s necessary for hospitals to ensure that they receive the correct reimbursement for…
Ghost in the Machine: Payer Programming Auto-Denies Claims?
In May of 1999, Vice President Al Gore made a startling assertion to CNN’s Wolf Blitzer: “During my service in the U.S. Congress, I…
The Role of Technology in Streamlining Hospital Billing Processes
The fast pace of the healthcare industry demands that hospitals stay in tune with the delivery of care and the technology it uses to…
Appreciating the Complexity of Anesthesia Billing
Summary Anesthesia is not your average bear from the billing perspective. Unlike most other specialties, complex rules have been put into place to account…
The Power of Analytical Frameworks & Data in Laboratory and Pathology Practices
Any discussion about converting data into valuable assets begins with understanding the significance of usable information. In the realm of laboratory and pathology practices,…
Getting Permission: New Service Added to OPPS Preauthorization Regime
In the iconic film Apocalypse Now, we’re told how Col. Walter E. Kurtz had undertaken a major military action without getting prior approval from…
Under Attack: Hospitals Face New Cybersecurity Threats
In 1544, the French stronghold of Boulogne was besieged by 36,000 English troops under the orders of King Henry VIII. The town was considered…
Partnering with an Experienced Revenue Cycle Management Leader for Higher ROI
The Shift Toward RCM Partnerships in the Healthcare Industry In today’s rapidly changing healthcare landscape, revenue cycle management (RCM) plays a pivotal role in…
The Consequences of Failure: Hospital Fined for Patient Death
We’ve all heard that classic movie line: “Failure is not an option.” And don’t forget those admonitions from mom or dad reminding you that…
