Billing & Collections

Does your medical practice allocate more time to medical billing and collections than actual patient care? Even with automation, the growing complexity of the process makes it increasingly labor intensive. Perhaps it's time to outsource?

Why one practice transitioned and how it affected physician, staff, patients, and revenue.

The most effective thing practices can do to ward off theft is to monitor each step of the revenue cycle.

Knowing your percent of collections, days aging out in accounts receivable, and payer mix will all help budget your practice finances in a much more efficient manner.

See what CMS owes your medical practice for your services by downloading the the 2013 Medicare Physician Fee Schedule.

Providers today should review their practice’s financial health routinely. Here’s what to check.

With reimbursement cuts and other financial threats on the horizon, having a future-oriented money strategy is more important than ever.

A large source of stress and expense to medical practices is real estate. Here’s how to get your house in order.

Noteworthy items from Physicians Practice

New payment models can boost medical practice revenue. Here's how to take advantage.

If you want to boost referrals at your medical practice, remember, it's the little touches that make your practice memorable.

Here's part one of my 12-month medical practice makeover - a series to help make changes at your office. First, employee liability issues to examine this month.

Here are five steps physicians can take to secure the benefits of ancillary products and services while minimizing the risks.

At medical practices, a little money saved every day goes a long way. Here are ten money-saving tips.

Noteworthy items from Physicians Practice.

The disability coverage you bought as a medical student can do more harm than good if used today. Here are three issues physicians should address immediately.

Here are common areas of inefficiency at medical practices to address today to ensure continued financial health.

In our 2012 Physician Compensation Survey, we asked physicians from around the country how - and how much - they're being paid. Here's what we learned.

Here's the full data for the Physicians Practice 2012 Physician Compensation Survey, based on more than 1,300 respondents.

Most physicians want to explore new payment and delivery models, but SGR-related uncertainty is holding many back, one survey finds.

As a physician you must apply the same techniques to management of your personal finances that you would in evaluating and caring for a patient.

Touted as a cost-saving, quality improvement measure, bundled payments also have their critics. Here's what you need to know.

By now you have likely encountered the term "Patient-Centered Medical Home" or PCMH. If you do not yet know what a "medical home" is, think of it this way - these are practices that use care teams to put the patient at the center of the healthcare delivery system.

With payer reimbursement often an uncertainty and the bigger picture financial landscape in flux, independent physicians will need partnerships to gain some leverage.

You can control medical practice expenses and risks by asking six important questions about the appropriate insurance coverage and carriers

It's time to come to a final resolution on the Medicare SGR so physicians can stop worrying and start planning for the future.

Here are some of the appropriate uses of limited liability corporations by physicians - and some inappropriate uses as well.

If you aren't asking your patients about insurance changes when they make an appointment at your medical practice, you are already losing money.

Here are three tips to prepare your medical practice for success in the 21st century.