The Importance of Collecting on Aged Claims
The truth is simple: aged claims get overlooked. Those in charge of the administrative side of healthcare often forget about them, because they make up such a small segment of…
How Much Do You Know About Revenue Cycles?
Those in the healthcare industry already know that revenue cycles are how the payments (i.e. revenue) from patients are tracked from the initial appointment through to collecting the portion of…
What You Need to Know About Aged Claims and Underpayments
According to recent statistics, commercial health insurance underpayments are on the rise. As of 2012, the payment accuracy rate for these insurance companies hovered around 62.08 percent. What does this…
What You Need to Know About Your Aged Out of Network Claims
Aged out of network claims are some of the most complicated commercial healthcare claims to collect on. Although these claims do fall under the Federal ERISA laws, they tend to…
Collecting on Aged Claims Can Prevent a Hospital Shutdown
What does your facility do with your aged claims? These claims may not seem like they add up to much in the grand scheme of things, but they can make…
The Rise In Surgical Centers Is Only Matched By The Number Of Unpaid Claims That They Are Faced With
The statistics don’t lie – surgical centers are becoming incredibly popular. These clinics tend to focus on one type of healthcare only: outpatient surgeries. While this is good for patients…
Healthcare Operating Margins Are Thin So Utilize the Federal ERISA Process to Collect on Those Unpaid Claims
According to the experts, the expense growth rate for hospitals is steadily declining as time goes by. Some are predicting that by 2025, the expense growth rate will actually be…
Burdened With Out of Network Claims? Here’s How the Federal ERISA Process Can Help
Out of network claims are a major issue for many health providers. These claims need to be submitted properly to the commercial health insurance companies in order for them to…
Managing Payments With A Blockchain – How This Can Help Your CBO (Central Billing Office)
The CBO (Central Billing Office) of your hospital or clinic is in charge of sending commercial health insurance claims out to be paid. They also handle all of the other…
Underpayments and Analytics: How You Can Make the Billing Process Simpler
If your medical practice constantly deals with commercial health insurance underpayments, then you can utilize an interesting new method of examination in order to reduce them. This is called analytics.…
