The state of the economy, with a rise in unemployment and so many companies shut down in the wake of the global coronavirus pandemic is putting financial pressure on many individuals. Health practices are not immune to pandemic-related downturns either. So in the face of more and more denied claims, it makes sense to put some effort into reducing their number, for the sake of the financial strength of your organization.

Healthcare providers looking to increase cash flow are right to pay close attention to their computer and software systems. That’s essential for making sure they’re using the correct tools for critical jobs. Owners and managers are aware they should know the reason for having a particular application installed and why your staff is using it.

Easing pain caused by injury, disease, chronic condition, addiction, or any combination of these is a noble and rewarding pursuit that involves skill, determination, and an eye for patients’ reactions and body language.

Medical billing is time-sensitive and complex. This presents difficulties for practices, especially those with a smaller staff and a limited budget.

Clinics, practices, hospitals, and other medical establishments often need to take second looks at their processes, especially those that involve revenue, workflow, and efficiency. Not surprisingly, exploring the possibility of transitioning to a revenue cycle management (RCM) service company is often a result of those second looks.

Once a progressing form of medical care, telemedicine has rapidly developed into a practical option for many healthcare providers today. One recent report by the AMA stated that telehealth adoption is growing at a rate faster than any other type of medical care solution, experiencing an overall growth of 53%.

The bureaucracy and behind-the-scenes machinations of the medical billing process means the revenue cycle is much more complex than in the days before the industry began adding software automation tools to the mix.

COVID-19 has produced fertile ground for hundreds of labs that are opening, hoping to ride the testing wave. But the fertile soil in and of itself doesn’t necessarily produce a successful crop. It requires thought, attention, and TLC for the planting to be fruitful.

In the intricate world of clinical laboratory management, the implementation of effective billing software is a cornerstone for operational success. However, navigating the complexities of common problems in clinical laboratory management often leads to a series of pitfalls that can undermine the efficiency and financial health of these critical healthcare services. This blog post delves into four prevalent mistakes laboratories make during the billing software implementation process. By addressing these issues, labs can enhance their billing for lab services, ensuring a smoother, more efficient billing cycle that benefits both the laboratory and its clients.