Month: August 2023

Introduction Efficient and accurate billing is an essential aspect of running a successful physical therapy practice. Among the various rules and guidelines that govern medical billing, the 8-Minute Rule stands out as a crucial principle for accurately documenting and billing for services rendered. Mastering the 8-Minute Rule can significantly impact the financial health of a … Read more

Urgent care facilities play a vital role in providing immediate medical attention to patients with non-life-threatening illnesses or injuries. However, alongside the critical medical services they offer, urgent care centers must also manage the complex process of medical billing. Billing errors can have far-reaching consequences, leading to financial losses for both the facility and patients, … Read more

In the ever-changing landscape of healthcare, medical practices face numerous challenges in maintaining a healthy revenue cycle. A robust revenue cycle management (RCM) process is crucial to ensure the financial stability and growth of a practice. By optimizing RCM, healthcare providers can streamline billing, coding, and collections, resulting in improved cash flow and reduced administrative … Read more

For medical practices and healthcare facilities, maintaining a healthy cash flow is essential to sustaining their operations and providing quality patient care. One significant challenge that these establishments often face is dealing with old and unpaid accounts receivable (AR). When patient bills remain unpaid for an extended period, it can lead to financial strain and … Read more