by Medical Accounts Systems | Nov 13, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, hospital extended business office
Private practices—especially those that provide elective procedures—typically have to deal with the HIPAA violation waiting to happen that is social media. One wrong tweet, status update, or Instagram story can result in hefty fines. Hence, to protect a practice as...
by Medical Accounts Systems | Oct 30, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
A recent study from the RAND Corporation and the American Medical Association shows that compared to four years ago, physician practices are not as willing to take part in alternative payment models with downside financial perils. Interestingly, back in 2014,...
by Medical Accounts Systems | Oct 1, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
Complying with the Health Insurance Portability and Accountability Act (HIPAA) regulations while also maintaining policies and protecting health information is a tricky juggling act, but a recent case involving a medical provider shows how it can be done successfully....
by Medical Accounts Systems | Sep 5, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
Smartphones provide a great way for physicians and healthcare professionals to communicate with each other. With the ease of today’s modern communication methods, the possibility of running into a HIPAA violation increases dramatically. As a healthcare professional,...
by Medical Accounts Systems | Aug 24, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
Considering transitioning to a value-based payment model? You’re going to need to make some fundamental tweaks to things like your workflow and existing processes. With a few simple tips, the transition should help to ease the process and growing pains. Create a...
by Medical Accounts Systems | Jul 17, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
Revenue cycle management can already be stressful and time-consuming. You have to communicate with the patient and the insurance provider, keep track of data, and determine the amount of money the patient owes. Recently, a new factor has appeared that might put more...