Medical Billing Insights

Take your financial health to new heights with the help of an outsourced billing partner. Whether you lead a health center, hospital, or private practice, your in-house employees are critical to your overall success. However, there can be times when it’s difficult for time-strapped staff to keep up with heavy workloads and navigate the ever-shifting…

In healthcare administration, one area that has seen tremendous growth is medical billing outsourcing. As the demand for efficient revenue cycle management continues to surge, the global medical billing outsourcing market has witnessed substantial expansion, driven by a variety of factors reshaping the industry. Understanding the Medical Billing Market Dynamics According to recent statistics from…

For FQHC and traditional healthcare providers, effectively navigating the intricacies of medical billing is paramount to financial stability and administrative efficiency. However, building and maintaining an in-house billing team can present significant challenges, prompting many practices to consider outsourcing these critical functions. This analysis delves into both approaches’ financial and operational implications, highlighting the potential…

This white paper provides a comprehensive overview of the importance of measuring provider billing and collection performance through Key Performance Indicators (KPIs). It outlines crucial KPIs such as Days in Accounts Receivable, Collection Rate, Denial Percentage Rate, Net Collection Percentage, Bill Lag, and Credit Balance, providing benchmarks for each. Additionally, it highlights the challenges providers…

Maximizing revenue and getting paid for all the services they are providing is critical for FQHCs to make the biggest difference in the communities they are serving. A specialized billing partner is crucial for improving billing efficiency and maximizing revenue. They help FQHCs overcome billing obstacles, ensure compliance with ever-changing regulations, and enhance financial performance.…

Federally Qualified Health Centers (FQHCs) are critical in providing affordable and accessible healthcare services to underserved communities across the United States. However, FQHCs need help managing their operations, including medical billing. Medical billing is a complex process that requires expertise and attention to detail. This is why many FQHCs outsource their medical billing to specialized…

As Federally Qualified Health Centers (FQHCs) continue to play a vital role in providing care to underserved populations, they must maintain a solid financial foundation to support their operations. One critical aspect is having an effective FQHC Revenue Cycle Management (RCM) strategy. RCM refers to managing the financial interactions between patients, healthcare providers, and payers…

Medical billing is one of the most critical functions of any medical practice. As a result, many practice managers and leaders place a high value on the effective administration of their medical billing, account receivables and overall revenue cycle management (RCM). Either you can pay full-time employees to handle your medical billing. Or, you can…