The front office staff shortage is here to stay. Learn how to address it by reading this blog. The healthcare industry has a retention problem, and it’s not unique to clinical staff. Between long hours, overloaded schedules, inefficient workflows and the challenges of the pandemic, front-office staff are burned out. In fact, a survey from … Continued
Disclaimer: This blog article was written by an AdvancedMD partner. The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the official policy or position of AdvancedMD. Healthcare prior authorizations, or preauthorizations, are a must-have for all medical organizations and practices. They require physicians to obtain proper … Continued
According to a 2021 U.S. Bank healthcare payments insight report*, 46% of respondents feel healthcare to be the industry with the most difficult process of making a payment. Another jarring statistic cited of consumer perception is 68%* somewhat or strongly feel healthcare payment methods lag in innovation. Payment processing has become frictionless in nearly every … Continued
We have been working on this release for months and are thrilled showcase so many new AdvancedMD features and products.
Healthcare credentialing is a very time consuming process. It constitutes several complex steps that must be done the right way or could result in huge financial losses. Not just that, there could also be other legal complications that could put the entire healthcare organization in jeopardy. Processes like enrollment, compliance, planning, and such must be … Continued
The Founda Health platform empowers providers, digital health solutions, IT teams and payers via a scalable API infrastructure for healthcare. Integrating e-health solutions with practices is complex and takes enormous amounts of time and resources. With Founda, the platform capabilities enable building outside-in, compliant with prevailing healthcare standards and security norms. A single reusable connection: … Continued
With the increasing number of insurance plans, healthcare providers are driven to increasing accuracy in their health insurance eligibility verification process. As it has become a necessity, failing to attain proper eligibility verification can lead to unpaid and delayed claims. This will in turn effect the revenue cycle, thereby impacting the profitability of the healthcare … Continued
With the increasing news of patients failing to pay their medical bills, pressuring them for payment may actually result in fewer dollars and referrals received—as contrary as that may sound. But there is a counter force that demonstrates a higher reimbursement rate and an improved bottom line with start-to-finish patient satisfaction. The news on medical … Continued
Insurance reimbursements for out of network claims are a major component of revenue, and these claims are being massively underpaid.
Practice Management Payer Contractual Reimbursement Tracking (Beta) The write-off calculation on all payment screens is getting a major enhancement and includes ERAs. It is now easier to ensure you are getting the payments you expect! You can control how the write-off is calculated, either by allowed amount or by expected amount. We also added a … Continued
InstaMed, a J.P. Morgan Company delivers a full suite of payment solutions exclusively for healthcare to help your practice streamline payments and deliver a better experience for patients and staff, all while reducing the risks and costs associated with handling electronic payments.
Medical Identity theft is big business and the health information on people in the US may be a high value target to Russian hackers. This means your data is at much greater risk than it was just a few months ago.