Quality of healthcare is undoubtedly the first and foremost objective of every medical practitioner. But one can’t deny the fact that offering standard medical aid is not enough to keep your healthcare business financially stable.…
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Mental health professionals play a crucial role in improving the lives of people. Particularly those who are struggling with cognitive, behavioural, and emotional illness. No doubt, the primary objective of medical practitioners is to deliver…
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“Prevention is better than cure”. This strategy can also be applied when managing medical claims. However, gone are the days. When medical practitioners were used to handing over the claims management to the existing staff…
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With uncertainty surrounding the healthcare industry. Medical practitioners need to ponder innovative ideas about digging their business out of the financial crisis. They seek out ways to expand their healthcare business to a great extent. …
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Do you want to be successful and gain a competitive edge? Then you must keep a close eye on all of your business aspects i.e patients’ care and financial management. Because both factors are crucial…
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It’s very frustrating for healthcare providers not to get reimbursed. The major reason behind delayed/partial payments for the medical services they rendered is the high rate of claim denials. Moreover, physicians’ millions of dollars remain…
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During this competitive and challenging time, healthcare providers should make wise business decisions that can impact their business positively in the long run. Especially, if they opt for advanced healthcare IT solutions then they can…
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Medical practices are becoming increasingly susceptible to cyber attacks. It has been estimated that healthcare cyber attacks witness a surge of 55%. Which has impacted over 26 million in the United States. Therefore, the privacy…
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No doubt, claim denials have become a common phenomenon in healthcare practices. But a high percentage of rejected claims can lead to a financial crisis i.e revenue leakage, cash flow disruption etc. Denied /rejected claims…
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Every healthcare business is striving to gain a competitive edge in the marketplace. Due to the rising demands and expectations of the patients, medical practitioners have to take an active role in their business operations.…
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