Best Practices

3 Ways Medical Practices Can Increase Revenue at the Front Desk

3 Ways Medical Practices Can Increase Revenue at the Front Desk

Most medical practices are looking for more ways to increase revenue and close the gaps in delayed payments. Added to all of the latest trends in financial management are new regulations and changes in patient payment dynamic. Understandably, many practice managers find the overload of information counterintuitive to making sound changes that will beneficially impact their bottom line.

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6 Patient Eligibility Verification Best Practices

6 Patient Eligibility Verification Best Practices

Verifying patient eligibility is becoming an indispensable process when it comes to billing patients, getting paid by insurance providers, and the overall management of practices’ revenue cycles. With the rise in high-deductible and cost-sharing insurance plans, more and more patients are required to make payments at the time of service, though many patients are unaware of that fact.

Eligibility verification—particularly when done in advance—solves this problem, allowing you to give important information to your patients before their appointments.

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How to Choose the Right Patient Eligibility Verification Processes for Your Practice

How to Choose the Right Patient Eligibility Verification Processes for Your Practice

If you thought that medical coding and billing used to be a complicated process, it’s likely only become more complicated since the recent transition to ICD-10. In addition to this change, the recent growth in the number of high-deductible and cost-sharing insurance plans, as well as the Affordable Care Act, have likely also had some sort of effect on your revenue cycle.

The solution to managing all of these recent changes? Patient eligibility verification.

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