A medical practice’s cash flow is an important gauge of its overall financial health, but there are additional metrics that will highlight areas of concern where improvement may be needed to ensure long term financial success.

Medical offices today face new challenges to profitability and sustainability, especially in the wake of the recent COVID-19 public health emergency. Faced with declining reimbursement rates, medical practices are pressured not only to increase efficiency in care delivery, but to reduce the expenses associated with billing, submitting claims, and getting paid. These challenges, coupled with a high turnover for on-staff billing personnel are important reasons to focus on your total revenue cycle process or consider outsourcing to a professional RCM provider.

AVS Medical announces Aria Health Services Line for Healthcare Organizations to Reduce Administrative Burdens and Save Time

Thank you to all who attended our recent NextGen Office “Financial Success as an Independent Practice in 2019 and Beyond” webinar. We hope you found the session valuable. For those who could not attend, you may access the recording below!

In case you missed it, AVS Medical, along with their partners at e-MDs, hosted a webinar on September 18th to help all different types of practice management software users dig deep into their revenue cycle and take look at how they can utilize new strategies to prevent future claim denials. Ryann Philpott, the eMDs RCM manager, shared her wealth of knowledge on claim denials and how to prevent them before they even happen!

In our last webinar we focused on claim denials at the beginning of the Revenue Cycle Management: The eligibility process and other front desk related processes.

If you didn’t get a chance to see that webinar you can click here to see a replay.

In this webinar, presented on September 18th at 1 PM EDT we’re going to dive further into the revenue cycle and look at coding related denials.

Do you know the difference between a denied claim and a rejected claim?

Many people mistakenly think that they are the same thing and or use the terms interchangeably.

A claim denial is vastly different than a claim rejection and the process of fixing or resolving each are different. Understanding the difference is vital to the business side of your practice and a healthy cash flow.

Do you know the difference between a denied claim and a rejected claim?

Many people mistakenly think that they are the same thing and or use the terms interchangeably.

A claim denial is vastly different than a claim rejection and the process of fixing or resolving each are different. Understanding the difference is vital to the business side of your practice and a healthy cash flow.