hospital billing services
November 24, 2016

Top 5 Benefits of Outsourcing Hospital Billing Services

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Ask any hospital CFO what keeps them up at night and two things will be on top of their mind. One is the ever increasing patient responsibilities, while the other is the sluggish cash inflow into their organization. Constant regulatory changes have already left healthcare practices high and dry. Add to this, the increased enrollment into high deductible health plans (HDHPs) and the new patient payment habits, and you have a perfect recipe for disaster for hospital. In such a scenario one of the

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EMR interoperability
November 17, 2016

How Will EMR Interoperability Help Your Practice?

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The move to embrace EMR interoperability by healthcare entities has been rocky to say the least. There have been several hardships; reluctance of hospitals to share information with competitors, incompatible software from different vendors that made it difficult to communicate and huge expenses in retooling antiquated computers to name a few. But those hospitals that have walked the path such as the once recognized as Most Connected Hospitals 2015-16 by US News have reaped rich benefits. Some of

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November 3, 2016

6 Simple Tips to Optimize Hospital Billing and Collection Process

Posted by MedbillingExperts / 0 Comment

The gross collection rate in an average hospital in the US is 60% or less. That means for every $1 of services billed, the hospital receives only 60 cents. One of the major reasons for this abysmal rate is the inefficiency of practices to optimize their billing and collection practices amid changing regulatory needs. In fact, as per a recent survey, this inefficiency is forcing healthcare practices in the US to leave about $125 billion on the table each year, wh

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