Hiring a Billing Company – Compliance Plan (Part 3)
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Hiring a Billing Company – Compliance Plan (Part 3)

Hiring a Billing Company

Does the Billing Company Have a Compliance Plan? One of the most important components of doing your due diligence in hiring a billing company is to ensure that they have an active compliance plan. In fact, having a compliance plan should be a hiring requirement. Having a compliance plan is imperative and, at the least, Read more

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Hiring a Billing Company – Pricing Guideline And Contract Terms (Part 2)

Hiring a Billing Company

Pricing Guideline In “Hiring a Billing Company – Due Diligence (Part 1)” we discussed the steps in determining a suitable billing company for your practice. One key point in deciding the best fit is to ensure that you are going to save money and also increase your revenue. At this stage of your due diligence Read more

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Hiring a Billing Company – Due Diligence (Part 1)

Hiring a Billing Company

Are you looking for ways to improve the efficiency of your billing and increase your bottom line? A medical billing service could be the answer. Many physicians already look to medical billing companies for assistance with their billing and collection functions. Most billing companies offer billing and collection services, plus a wide range of other Read more

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Prediction: Health Care Administration Jobs Will Increase With Obamacare

Health Care Administration Jobs Will Increase With Obamacare

There is a healthy amount of management going on in health care. Treating illness is just one component, albeit the main reason for the existence of the medical and health services managers. Those who fill these positions run a doctor’s office or manage large departments in big health care facilities. According to the U.S.  Department Read more

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How to Reduce Your Practice’s Banking Fees

Practice costs, savings

Have you checked lately how much banking fees you are being charged? The amount you pay per month for various banking services most likely is not large, but in this economy, it may be worth looking at. Amounts charged by the banks vary based on various situations, for example, the size of the practice and Read more

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Who Do You Normally Hang Out With?

4 Type of People

I heard someone say that pilots keep their eyes on 4 things while up in the air – Lift, Thrust, Weight, and Drag. Like the four forces on a plane, people around you exert similar forces. Lift – These people brighten your day, make you feel better about yourself, and leave you with a spring in Read more

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Should You Hire a Practice Consultant?

Healthcare Consulting

A healthcare consultant for your practice can be valuable to you at any stage of your career. But before you hire a consultant, ask yourself if you are willing to dedicate the necessary time to implement change. Are you ready to sacrifice some of your professional and personal life to make some changes? Are you Read more

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8 New Preventive Services Covered for Women

Healthy Living

Health and Human Services (HHS) has added eight new prevention-related health care services that all health plans must cover with no out of pocket expense to the patients. The new health care rules require that the coverage of these services take effect at  the patient’s next renewal date–on or after August 1, 2012—for most health Read more

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Medical Loss Ratio (MLR) rebates, do you qualify?

Cost of Healthcare in the United States (2010)

One piece of the Affordable Care Act (ACA) is the subject of Medical Loss Ratios (MLR). So, what is a MLR? It is the total amount of the premium dollar spent on paying medical claims and making quality improvements minus taxes and regulatory fees. And, why is it called a “loss”? Because, it is a Read more

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