6 Strategies to Improve your Practice’s Medical Billing and Collection Methods

6 Strategies to Improve your Practice’s Medical Billing and Collection Methods

In a study conducted by the Medical Group Management Association, 23.3 percent of total patient services revenue is attributed to collections form patients. It’s an issue for many practices, with 60.1 percent of respondents reporting it as a considerable challenge.

Getting patients to pay will continue to be a growing problem – with patients facing larger medical bills due to rising high-deductible plans. You can help minimize the impact and get your practice’s revenue cycle back on track with these tactics.

What You Need to Know About Managing Positive and Negative Online Reviews

What You Need to Know About Managing Positive and Negative Online Reviews

A solid online reputation is vital for the success and growth of any business, small or large. In studies conducted on the effect reviews have on businesses, results show that 68% of consumers trust opinions posted online and 88% of customers trust online reviews as much as personal recommendations.

4 Steps to Effectively Conducting a Performance Review

4 Steps to Effectively Conducting a Performance Review

Unfortunately, it’s more common for employers to find time to discuss what an employee is doing wrong rather than what they’re doing right. As a result, employees aren’t mentored or coached to reach their fullest potential leaving your business at risk of being stagnant.