Posts tagged ‘Revenue cycle management’

5 Ways to Measure Your Medical Practice Profitability

5 Ways to Measure Your Medical Practice Profitability

With the ever-growing responsibilities of patient care, it is difficult for a medical practice to keep track of its revenue and profits. Billing data and how insurance reimbursements are recorded is often regarded as ‘data for data sake’. A medical practice’s profitability depends on how efficiently its business is managed.

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4 Reasons to Outsource Medical Practice Revenue Cycle Management

4-Reasons-to-Outsource-Medical-Practice-Revenue-Cycle-Management

The healthcare industry is undergoing a transformation towards enhanced quality of care. Amidst this, mounting regulatory pressures, escalating costs and decreasing reimbursements add a huge strain on healthcare professionals. It consumes the precious time that caregivers would rather spend with their patients in administrative and managerial efforts. Medical practice revenue

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