Certainly, let’s discuss technology, specifically focusing on billing software in the context of a billing company. Technological advances have indeed revolutionized the way billing and financial operations are managed. However, like any tool, billing software has its advantages and disadvantages, and its effectiveness depends on various factors, including the company’s understanding and utilization of the…
Tag: Collections
New Year, New Deductible Collections!
Collecting new deductible payments for medical services up front can be uncomfortable, but it is something that needs to occur for the cash flow within your medical practice to be moving in the right direction. With many patients’ deductibles starting over at the beginning of the year, the team at Merem Healthcare Solutions wants you…
Why Should I Consider Outsourcing My Medical Billing & Coding?
Time is money! Most practices lack resources and time necessary to ensure maximum reimbursement. You and your medical staff need to focus on treating patients and let MEREM Healthcare Solutions handle the rest. Outsourcing your coding, medical billing, collections, consulting, and credentialing, will allow your staff extra time to take care of patients more effectively…
Optimize Patient Collections in 3 Steps
Optimizing Patient Collections Long gone are the days of $25 co-pays and $250 deductibles. With the increasing prevalence of high deductible insurance and patient cost-sharing plans, it has never been more important to the financial health of your practice to have an efficient patient pre-collections program in place. Less than 50% of these up…
Are You Aware of Bracket Creep?
Bracket Creep happens when receivables continue to age, moving from oneperiod to another without improving.
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