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3 Steps To Be As Successful As University Of Virginia's Medical Group Practice. - BillingParadise

3 Steps To Be As Successful As University Of Virginia's Medical Group Practice. - BillingParadise | Medical Billing Companies | Scoop.it
3 Steps To Be As Successful As University Of Virginia’s Medical Group Practice. from Billingparadise How keeping track of the key performance indicators has given this group practice an edge over its competitors in handling the revenue cycle… The shift to value-based economic systems has de-stabilized many healthcare organization’s economic dispositions. Group practices endured their [...]
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Medical billing reporting and revenue performance analysis automation!

Medical billing reporting and revenue performance analysis automation! | Medical Billing Companies | Scoop.it
Why should you use a medical billing reporting and a revenue performance analysis for your organisation. Know how to set & track key performance indicators.
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BillingParadise's curator insight, May 6, 10:35 AM
Why do you need an automated revenue reporting tool? So, you’ve heard it! Implementing an automated revenue reporting tool will help you optimize your operations and to make informed decisions. But, are steep learning curves and complex interfaces keeping you from adopting one? What if I said that you could easily increase 30% of your practice’s revenue with the right tool, would that get you to read on further? If you’re running a practice and are not thinking about reporting automation, you’re losing out on revenue. This will help you make the decision over what type of tool you need and if you need one!
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10 Medical Billing reports that will make Medical Practices Profitable! - BillingParadise

10 Medical Billing reports that will make Medical Practices Profitable! - BillingParadise | Medical Billing Companies | Scoop.it
As a physician you need reliable and efficient business intelligence system which provides automated revenue reports of your practice. These reports will provide you with accurate information regarding the health of your practice saving you from lost revenue, keeping your practice financially sound while allowing you to free up your clinical staff and resources to [...]
BillingParadise's insight:
Medical billing reports are crucial to save physicians from suffering the fate of David Fairbrook whose practice lost $30,000 in just one year. The reason for the loss was poor billing. Unless a physician is ready to lose large sums of money, understanding medical billing reports and using the right software to provide automated revenue reports is a must. Dive into the most important reports for your organization and the Key Performance Indicators of your practice.
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Allscripts EHR Claims Creation Report Services CA - BillingParadise

Allscripts EHR Claims Creation Report Services CA - BillingParadise | Medical Billing Companies | Scoop.it

Are you an Allscripts user in need of credentialing support?
You've reached the right door! We provide full spectrum credentialing services 1-888-571-9069.

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How good are you in handling claim denials? - BillingParadise

How good are you in handling claim denials? - BillingParadise | Medical Billing Companies | Scoop.it
The 4 type of claim denials and the strategies your office needs in order to get paid faster. Check how these denials your practice needs to handle
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Top 3 Medical Digital Marketing Strategies

Top 3 Medical Digital Marketing Strategies | Medical Billing Companies | Scoop.it

Medical digital marketing strategies require planning, tracking, and innovation, which might seem easier said than done. But when you consider a few basic factors — like what your practice offers, how it’s different from the competition, and what your patients want — you suddenly have a foundation to market your medical practice online. Read on to view our top 3 medical digital marketing strategies.

Make your website user-friendly. If your medical practice doesn’t have a website, stop right now and build one on WordPress using one of their easy-to-use templates. If you do have a website, great! Take a moment to put yourself in a prospective patient’s shoes. Does your homepage provide a good, basic summation of what your practice offers? Is it aesthetically pleasing and easy to navigate? Can you easily locate your practice’s “Contact” page and address? If your website does not meet any of these basic requirements for a user-friendly experience, it’s time to reevaluate your approach online. Successful medical digital marketing strategies begin with giving people the resources they need, and showing search engines that your website meets the needs of visiting users. Work with your staff to identify key places that need fixing throughout your practice’s website, and get to work!Get on social media. You don’t need to create an account for everything — but you should, at the very least, make sure your practice is on Facebook. Social media is an important part of medical digital marketing strategies because it serves two purposes: It gives patients a chance to directly interact with your practice in a new way, and it places your medical office’s information in a familiar online setting. Many practices post diet tips, current medical research, links to recent blogs, and photos of medical staff in the community on their social media pages, which serve as a way to show current and prospective patients the personality of your medical office. This sets you apart from your competitors, and gives patients a chance to interact and connect with your office and staff on a deeper level. This is a good thing — but can only be achieved once you get online and update weekly at the bare minimum.Work with Search Engine Optimization (SEO). SEO is the hallmark of medical digital marketing strategies, and is the place where working with a marketing professional would give you a huge advantage. Search engines like Google and Bing use algorithms to provide search results when someone enters a query. You can optimize your website to target certain keywords and phrases, which catches the attention of search engines and ranks you higher than you might be ranking right now.

 


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Physicians are being heavily penalized for overbilling! Are you at risk?

Physicians are being heavily penalized for overbilling! Are you at risk? | Medical Billing Companies | Scoop.it
Oops another Medicare scandal has rocked the healthcare industry! Every now and then a Medicare scandal hits the headline and sends the healthcare industry into, a, frenzy. Ranging from carefully orchestrated scams to genuine mistakes and oversights, Medicare inspections and fines have almost become de-rigeur. Recently a Michigan based gynaecologist was in the news for…
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BillingParadise's curator insight, October 14, 2014 12:54 PM

Why overbilling errors are on the rise and how you can fix it
Medicare Auditor General MacPherson says that about 53% of Medicare payments are being audited.Stop overbilling errors with these 5 strategies

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billingparadise

billingparadise | Medical Billing Companies | Scoop.it
I am Adam Denysmith working as an EMR consultant and RCM specialist in Billing-Paradise which provides medical billin...
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The Ultimate Route To Denial Management: Free Creative Template - BillingParadise

The Ultimate Route To Denial Management: Free Creative Template - BillingParadise | Medical Billing Companies | Scoop.it
  Using denial management to cut through to clean reimbursement… Reworking claims is extremely resource hungry on group practices and time consuming as well. So, identifying, managing, monitoring and preventing claim denials are imperative! “94% of billing managers, practice executives, etc. anticipate their denial rates to shoot up” Reducing rejection and streamline claim processes is [...]
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Medical billing reporting and revenue performance analysis automation!

Medical billing reporting and revenue performance analysis automation! | Medical Billing Companies | Scoop.it
Why should you use a medical billing reporting and a revenue performance analysis for your organisation. Know how to set & track key performance indicators.
BillingParadise's insight:
Why do you need an automated revenue reporting tool? So, you’ve heard it! Implementing an automated revenue reporting tool will help you optimize your operations and to make informed decisions. But, are steep learning curves and complex interfaces keeping you from adopting one? What if I said that you could easily increase 30% of your practice’s revenue with the right tool, would that get you to read on further? If you’re running a practice and are not thinking about reporting automation, you’re losing out on revenue. This will help you make the decision over what type of tool you need and if you need one!
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5 code scrubbing tools that can increase your coding accuracy!

5 code scrubbing tools that can increase your coding accuracy! | Medical Billing Companies | Scoop.it
Find the best appropriate scrubbing tools that play a good role in healthcare industry.
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Create a payer matrix in 13 easy steps

Create a payer matrix in 13 easy steps | Medical Billing Companies | Scoop.it
Medical practices need to create a payer matrix to know where the cracks lie. A small checklist of what goes into creating a payer matrix.
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How can automation in credentialing help you reduce thousands of dollars and reduce the time spent

How can automation in credentialing help you reduce thousands of dollars and reduce the time spent | Medical Billing Companies | Scoop.it
Automate or disappear over the horizon; the changing equation of the healthcare world! It is a trying time for medical practices. There is mad scramble to cut down on costs, deliver more accountable care and integrate key components across the healthcare continuum. And the increasing pressure to comply with federal norms is only making it…
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Why do medical practices particularly the independent practices find automating the credentialing process the toughest job? Is it the aversion to technology or the fear of high costs and losing control over the data?  If the answer is yes then why should you go for automation?

 

The answer is automating the credentialing process can save $29,000 annually for physicians and about 3 hours they spend regularly to fill in credentialing information.

 

Automation can be the best solution to get rid of the redundancies, idiosyncrasies and insane costs involved in the credentialing process.

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Who said independent practices shutting shop? 58% of physicians want to remain independent.

Who said independent practices shutting shop? 58% of physicians want to remain independent. | Medical Billing Companies | Scoop.it
Independent medical practices are not on their way out! It is old news that privately owned medical practices are on their way out. It is true that financial and administrative burdens are pushing independent practices to the side lines. That keeping the lights on is becoming tougher by the day. But it is also equally…
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Independent medical practices are beating the odds to stay autonomous. It is an upstream swim but most independent medical practice owners prefer practicing in an environment where nobody is looking over their shoulder… 

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Physicians are being heavily penalized for overbilling! Are you at risk?

Physicians are being heavily penalized for overbilling! Are you at risk? | Medical Billing Companies | Scoop.it
Oops another Medicare scandal has rocked the healthcare industry! Every now and then a Medicare scandal hits the headline and sends the healthcare industry into, a, frenzy. Ranging from carefully orchestrated scams to genuine mistakes and oversights, Medicare inspections and fines have almost become de-rigeur. Recently a Michigan based gynaecologist was in the news for…
BillingParadise's insight:

Why overbilling errors are on the rise and how you can fix it
Medicare Auditor General MacPherson says that about 53% of Medicare payments are being audited.Stop overbilling errors with these 5 strategies

more...
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