We all have “that payor” that tends to reimburse more slowly than others. In some cases these delays can be extreme, with months going by before payment is received. In Illinois, the state’s group health program payments have been delayed for months, which will continue...
One of the better developments of the last several years has been the electronic remittance advice (ERA) and software that electronically posts these files. With the click of a button, the once tedious, manual process of posting is automated. There are clear positives to this technology, including...
By: Laura Goodman, CPA, CHBC 1. Not analyzing denied claims and, instead, automatically writing them off. If a medical practice's billing staff are not diligently following-up either with insurance companies, clearing houses or staff's internal workflows, then earned revenue could be left on the table by the...
A/R reports reveal more than just a practice's outstanding charge detail. You can utilize A/R reports to identify possible problems in your revenue cycle. Why do you have high volumes in your A/R Reports? High A/R could indicate a number of issues with your billing processes. A...
Healthcare is rapidly changing and more is being required of independent physician-owners to navigate healthcare. We sat down with one of speroMD's founding owners and independent physicians, Dr. Susan Sirota, to pick her brain about the ever-changing field of healthcare. In the following interview, Dr....
Welcome to "spero Says"! We all know that the world of healthcare is complex, very regulated, and stress-inducing. We want to be your resource for one of the more important elements of the healthcare profession - getting paid. We have extensive revenue cycle management experience,...