Payers & Providers

Healthcare on a Budget: Strategies for Providers to Reduce Patient Expenses

No one should be forced to choose between their health and their financial stability. Yet, all too often, the staggering healthcare costs put patients in this very predicament, compelling them to make tough choices. However, the status quo can change, and you, as a healthcare provider—whether part of a larger organization or running your own

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A Healthcare Provider’s Guide to Exploring Health Insurance Alternatives

Image Source: Pexels Most healthcare providers in the U.S. accept different types of insurance. While your practice might limit the kinds you accept, your patients can typically feel confident knowing they can get the medical care they need at a lower cost with insurance. However, healthcare insurance is no longer required on the federal level.

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Everything You Need to Know about Healthcare Accounting for Hospitals and Healthcare Providers

Most people associate healthcare with the work of doctors, nurses, lab technicians, and other professionals in the medical field. But the full continuum of healthcare also involves its business side, including financial matters. Hospitals and other healthcare facilities need to generate revenue, manage their financial resources, and maintain transparency and accountability within their administration systems

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5 Transparent Approaches to Patient-Provider Interaction

Transparency is something valued in any business. Consumers want to know exactly how much they are paying for the products or services you provide, have channels to contact you in case of doubt or give feedback easily, and want to be answered quickly. It’s no different in the healthcare business. But healthcare providers cannot always

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6 Data Security Tips for Healthcare Providers

It is crucial that you look after patient data as if it were your own when you are a healthcare provider. This is some of, if not the most sensitive data an individual possesses. With that in mind, below are 6 important data security tips for healthcare providers.  Source: https://pixabay.com/illustrations/computer-circuit-board-cpu-security-6560745/ Educate your employees on how

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How Providers Grow Revenue Without Compromising Patient Outcomes

When it comes to providing and receiving healthcare in the United States, cost means everything. Providers, payers, and patients are all motivated by price. Some claim it’s a good system, others say otherwise, but until a replacement arrives, it’s the only one available. With this in mind, providers need to find ways to grow revenue

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How Does Outsourcing Payment Posting Services Add Profitability to Your Medical Business?

The success of a healthcare business depends on the complete set of multiple tasks including patient care and medical billing.  Payment posting is the final but most crucial step in the billing process. A slight error in this process can put your entire revenue cycle at risk. This task cannot be performed easily by just

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