Billing

What does collection efficiency mean? The dictionary defines it as “the action or process of collecting something while achieving maximum productivity with minimum wasted effort or expense.” Or as physician practices will concur, receiving monies for services provided as quickly as possible at the contracted rate....

Recently CMS announced their first rendition of bundled payments for radiation. Even before its release, I received calls from physicians, friends and clients. “I’m never going to survive this.” “My practice/department will collapse.” “I guess we will never buy new equipment.” I think you can...

‘Millennials overtake Baby Boomers as America’s largest generation,’ read the headline that rocked the world via the Pew Research Center on April 25, 2016. Since then, said world seems to have scarcely been the same. Every big box company from AT&T to Target to Zantac...

Whether you are a new or seasoned Medicare provider, initial Medicare enrollment and maintenance are of the utmost importance to your practice. A proactive approach to Medicare enrollment assures compliance with requirements and ultimately, timely payment for services. All new providers and practices who would like...

More and more commercial plans, particularly Medicare Advantage plans, require authorizations for radiation therapy.  According to CMS, in 2017 one-third of all Medicare recipients were enrolled in a Medicare Advantage Plan. Depending on your market, your volume could be even higher. These plans almost all...

From a single residential contractor, to a large commercial union shop, and even retiring from John Deere, my family have been electricians for over 100 years.  Recently we were discussing career options for my son when my dad blurted out, “I would rather push wires...