Medical Billing Blogs

Imagine you run a small clinic with complementary specialties. You're just getting started, so you've recently invested heavily in your business hardware and software, medical equipment, offices, furniture, marketing, medical staff, and the practice.  You're excited to start seeing more patients and building your practice.  However, you are observing an income shortfall, despite an increase in the number of patients. Surprised! It may be that a few of your beloved patients are not paying their bills on time. Or maybe payments from Medicare, Medicaid, and other health insurance companies are slow to arrive due to errors in coding or filling out billing forms or any other medical billing work? It’s nothing new in this! Reimbursements in the healthcare industry have been declining while HIPAA-compliant paperwork has been increasing. You might be thinking how small or medium-sized medical practices like yours can remain profitable when operating costs are so high, and most fees...