4 KEY STRATEGIES FOR EFFECTIVE DENIAL MANAGEMENT

Posted by Jaskrit Bhalla on May 15, 2020 1:10:29 PM
Read More

Topics: Effective AR Management, Accounts Receivable Management, Urgent Care Centers, Urgent Care Industry, Revenue Cycle Management, Medical Billing Services, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing Services Provider, Medical Billing and Coding

4 Ways A Medical Practice Can Boost Revenue Cycle Management

Posted by Jaskrit Bhalla on May 15, 2020 1:02:10 PM
Read More

Topics: Accounts Receivable Management, Revenue Cycle Management, Medical Billing Services, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing and Coding, Medical Practice

Is Your Medical Billing Company Making Or Losing You Money?

Posted by Jaskrit Bhalla on May 15, 2020 12:49:59 PM

The two most integral positions in the success of any healthcare practice are the physician and the medical biller. While the physicians work hard to provide the best care to the patient, it is expected of the biller to ensure optimal reimbursement for the physicians. We continuously speak toindependent physician practices and are often told that their practice is consistently losing money! Some would say too many claim denials are rocking their boat. Others would say the AR is so out of control. This is certainly not acceptable, but the real question is... Why does this happen? 

Read More

Topics: Accounts Receivable Management, Urgent Care Industry, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing Services Provider, Leading Medical Billing Company, Medical Billing and Coding

Is Your Medical Billing Company Making Or Losing You Money?

Posted by Ashley Nicholson on Apr 21, 2020 9:53:22 AM

The two most important positions in the success of any healthcare practice when it comes to increasing revenue is the physician and the medical biller. While the physicians work hard to provide the best care to the patient, it is expected of the biller to ensure optimal reimbursement for the physicians. We keep talking to independent physician practices and we are often told their practice is losing money all the time! Some would say too many claim denials are rocking their boat, others would say the AR is so out of control. This is certainly not acceptable, but the real question is why does this happen?

Download our FREE Billing and AR checklist: The Ultimate AR checklist! 

Read More

Topics: Accounts Receivable Management, Urgent Care Industry, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing Services Provider, Leading Medical Billing Company, Medical Billing and Coding

6 Tips to Optimize Medical Billing for Maximized Collections

Posted by Ashley Nicholson on Apr 20, 2020 9:26:07 AM

The ever-changing healthcare landscape means coders and billers also must continuously update their skills and concepts to stay on top of the changes to make sure they are not leaving money on the table. With the introduction of EMR and advanced practice management software, the general belief is that the standards of billing and collection will be like never before - with every claim being billed out accurately and collected upon in a timely manner. Unfortunately, according to industry sources, independent medical practices are still leaving as much as 30% potential revenue on the table due to the inefficiencies in the billing and collection process. This happens because the rejection and denial rate is still too high and almost 50% of denials never get worked resulting in 5-7% loss of potential revenue. When you have too many denials your revenue can quickly get locked in Accounts Receivable creating a serious impact to your cash flow.

Cosentus is a leading medical billing service provider having optimized the billing and collection processes for numerous practices, enabling them to maximize their revenue and get rid of their cash flow issues. The purpose of this article is how you can implement these basic changes to your existing billing process and see your revenue grow by 25-30%.

Read More

Topics: Effective AR Management, Accounts Receivable Management, Cosentus News, Medical Coding- Optimization, Contract Negotiation, Urgent Care Industry, Revenue Cycle Management, Medical Billing Services, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing Services Provider, Leading Medical Billing Company, Medical Billing and Coding, Medical Coding

4 Ways A Medical Practice Can Boost Revenue Cycle Management

Posted by Allen Ranjan on Feb 5, 2019 4:21:31 PM
Read More

Topics: Accounts Receivable Management, Revenue Cycle Management, Medical Billing Services, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing and Coding, Medical Practice

4 KEY STRATEGIES FOR EFFECTIVE DENIAL MANAGEMENT

Posted by Allen Ranjan on Nov 20, 2018 7:49:56 AM
Read More

Topics: Effective AR Management, Accounts Receivable Management, Urgent Care Centers, Urgent Care Industry, Revenue Cycle Management, Medical Billing Services, Healthcare Revenue Cycle Management Services, Medical Billing Company in Orange County, Medical Billing Services Provider, Medical Billing and Coding