Clean Up the A/R Before Putting the Practice on the Market Physicians Practice – May 2019 by Cheyenne Brinson Thinking of selling your practice? Looking to be acquired by the hospital? Merging with another group? If you’re contemplating any of these scenarios, it’s time to clean up the accounts receivable (A/R). And even if you’re not, routinely cleaning up...
Category: Revenue Cycle
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Cost Saving Strategies to Save Your Practice Money
Cost Saving Strategies to Save Your Practice Money Doctors Direct Insurance – Winter 2013 by Cheyenne Brinson Like most practices, you want to save money. Unfortunately, there likely isn’t a pot of gold hiding in your office, so focusing on ways to save $1,000 here and $1,000 there is in order. Often, we find these...
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5 Tips for Analyzing Practice Profitability
5 Tips for Analyzing Practice Profitability Aesthetic Society News – Winter 2019 by Cheyenne Brinson Download Article
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Six Fundamental Revenue Cycle Management Metrics
Six Fundamental Revenue Cycle Management Metrics Physicians Practice – December 2018 by Cheyenne Brinson Monitoring standard revenue cycle management metrics is a smart way to focus on the financial indicators that matter most. Consistent review is essential to identifying collection slow downs, productivity fall offs, and potential risk issues before they become acute. Here are six...
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Protect Your Practice Against Payer Audits with These Preparedness Strategies
Protect Your Practice Against Payer Audits with These Preparedness Strategies Healio ⋅ Orthopedics Today – September 2018 by Cheryl Toth, MBA The top two things that can trigger a payer audit are computer algorithms and coding outliers, according to attorney Patricia Hofstra, a partner at Duane Morris LLC. “It’s almost guaranteed that if you bill a lot...
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Will The Real Conversion Rate Please Stand Up
Aesthetic Society News — Summer 2018 by Karen Zupko, President, Cheryl Toth, MBA, Amy Boyer, MBA Everyone agrees that it’s important to understand how many patients seen in consultation actually schedule surgery Aesthetic surgeons measure their value on it, and patient care coordinators are rewarded for improving it. Nearly every aesthetic surgeon we talk with wants to...