Blog

How to Increase Revenue in Your Veterinary Practice

September 26, 2019 | Homepage

Animals were traditionally defined as property, but more owners now see their pet as a family member, which means they expect the best possible care for their companion. Even though your veterinary office exists to help pet owners and their pets, your ability to continue helping both depends on how much revenue your practice is […]

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How to Increase Revenue at Urgent Care Centers

September 23, 2019 | Healthcare Financing, Revenue Cycle Management

Urgent Care Revenue Growth The urgent care industry has been increasing by nearly 6% annually in recent years, and revenues are expected to reach as much as $28B this year. According to 2018 Medical Economics research, urgent care clinics save money over traditional emergency departments, but the costs of doing business increases every year. The […]

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How to Communicate Effectively for Patient Collections

September 13, 2019 | Patient Collections, Patient Engagement

As the face of healthcare changes, especially with more people purchasing High Deductible Health Plans (HDHPs), the growing weight of the healthcare financial burden now rests on the patient, which has led to more bills going unpaid. On average, physicians currently collect only $15.77 out of every $100 owed once patient accounts are sent to […]

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How to Increase Hospital Revenue

September 11, 2019 | Homepage

How to Increase Hospital Revenue When the recession hit its peak a decade ago, hospital executives repeatedly cut costs to compensate for the financial backlash within the healthcare system. That is, until recently. According to the most recent Advisory Board survey of 90 C-level hospital executives, revenue-building has overtaken all other strategies in the last […]

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How to Craft a Patient Satisfaction Survey

August 31, 2019 | Patient Retention, Patient Satisfaction

What is a Patient Satisfaction Survey?  No matter who you are or what you do, candid feedback is always an excellent opportunity for growth and learning. Your medical practice is no exception. By taking patient feedback into consideration, you stand to considerably improve the quality of care provided.  In this digital age, quality service is […]

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How to Increase Revenue in Chiropractic Office

August 23, 2019 | Patient Financing, Patient Pay, Patient Satisfaction, Revenue Cycle Management

Your chiropractic office exists to help people, but your ability to continue helping people depends on how much revenue the practice is generating. So while the health of your patients is always top-of-mind, the health of your practice is not to be neglected. Here are three ways that you can increase revenue in your chiropractic […]

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What Is Healthcare Payment Processing and Does Your Practice Need It?

August 16, 2019 | Medical Billing, Patient Financing

We live in a digital age where it’s easy to have anything delivered–simply, quickly, and conveniently. Healthcare is no exception, as the rise of healthcare consumerism indicates. There is a growing expectation that healthcare services of every kind will be delivered with the same kind of convenience as other kinds of products and services. This […]

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3 Ways to Improve the Patient Journey

June 11, 2019 | Patient Engagement, Patient Satisfaction, Patients

What is the Patient Journey Most patients feel uncomfortable. To varying degrees, patients are usually in your office because they’re experiencing some kind of pain and discomfort. This is compounded by any negative emotions instigated by their illness, and perhaps even the environment in which they are seeking care, and their concerns with how they […]

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Self Pay

What You Need to Know About Patient Responsibility Payments

June 5, 2019 | Healthcare Financing, Homepage, Medical Billing, Patient Financing, Patient Pay

Historically, independent practices have had better collection rates than large networks or hospitals. But that’s changing. Patients are shouldering more and more of the financial burden for healthcare than ever before. Higher deductibles. More in premiums. Greater copays. In fact, Kaiser Family Foundation revealed that out-of-pocket patient pay rose about 230% between 2006-2015. That same […]

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