Say you’ve decided to embark on a renegotiation of one or more of your insurance contracts. You know you’re in for a lengthy, at times frustrating, process. Finally, the payor sends you their initial proposal. This includes a multipage agreement, several exhibits, and perhaps a...
Happy Halloween! We decided to take a break this week from our usual blog posts and make this one a bit more fun, still keeping with the medical billing theme. Watch out this Halloween to make sure you don't fall victim to needing these ICD-10...
Laura Goodman, CPA, CHBC is a veteran accountant who has seen it all in the healthcare industry. She has worked with countless independent practices over the years, so we sat down to ask her what she sees are the biggest mistakes her clients have made...
When was the last time you reviewed your practice’s charge schedule? Has it been a few years? Maybe you’ve never reviewed it since it was initially set? Optimizing practices' fee schedules is crucial to the financial health of a practice. You don’t need to be constantly reviewing...
Chances are many of you reading this do not have certified coders reviewing physician encounters. Those of you who do work with certified coders likely only have a percentage of physician encounters passing before their trained eyes. Are you relying on the physician to code? ...
1. Biggest piece of advice for new practice managers: "Get over yourself." The mark of a strong manager isn’t evidenced by how much they can personally handle, but rather how they shepherd all employees as a team to get the job done. The best practice managers...
The payer enrollment process is unwieldy and can have a serious impact on your revenue cycle. However, it is a necessary task that, although it can be painful, is critical to the health of your practice. Either the delayed enrollment of a new provider or...
Springtime brings a different kind of cleaning – make fall the time you’ll plan to tend to your managed care contracts. Many of us cannot put our hands on many of our managed care contracts. Others have some in hand but haven’t looked at them in...
Following up on our last post, we asked Eric Brodsky, the Chief Operating Officer of Midwest Center for Women’s HealthCare, and wealth of knowledge regarding all things revenue cycle, what significant changes he has seen in recent years that impact the bottom line of a...
We asked Eric Brodsky, the Chief Operating Officer of Midwest Center for Women's Healthcare, and wealth of knowledge regarding all things revenue cycle, what significant changes he has seen in recent years that impact the bottom line of a practice. He gave us three positives...