Essential Tips for Collecting Co-pays and Deductibles Upfront was first published on Outsource Receivable's website. As we approach the end of the first quarter, it is crucial for clinics to prioritize the collection of co-pays. Since most patients have not met their deductibles for the year, there is a higher possibility of encountering co-payments or outstanding balances. To ensure efficient revenue management while maintaining transparency with patients, here are some valuable tips to enhance your collections process:  To learn more please visit: Outsource Receivables, Inc. - Medical B ..read more

Why Offering a Variety of Patient Payment Options is Essential was first published on Outsource Receivable's website. When it comes to receiving payments, clinics must provide a range of payment options to ensure timely reimbursement for services rendered. Understanding different patient preferences is crucial, as payment behaviors can vary based on factors like age and comfort level with technology. By offering flexibility in payment methods, your clinic can avoid unpaid or late claims, improving both patient satisfaction and your revenue cycle.  To learn more please visit: Outsource Rec ..read more

Understanding Third-Party Medical Billing – A Comprehensive Guide was first published on Outsource Receivable's website. What is third party medical billing, and how can it benefit your medical practice? At Outsource Receivables, Inc., we believe that third party medical billing is more than just an additional set of eyes on your billing processes – it's a partnership. As a medical professional, your expertise lies in patient care, not billing procedures. By teaming up with our experienced medical billing experts, you gain the support and guidance necessary to improve your billing operations a ..read more

When Is the Ideal Time to Evaluate and Enhance Your Billing Procedures? was first published on Outsource Receivable's website. The initial months of the year tend to be less hectic for clinics. This opportune period presents the perfect opportunity to assess and strengthen your billing system, especially as you may still be catching up on billing tasks from the busy fourth quarter. As your front desk awaits a surge in appointments, allocating time to review your billing and address outstanding payment needs can significantly benefit your practice.  To learn more please visit: Outsource Re ..read more

Overcoming Common Challenges in Medical Billing: A Guide for 2024 was first published on Outsource Receivable's website. The field of medical billing is a complex and dynamic environment, presenting unique challenges for professionals in 2024. From evolving regulations to intricate coding requirements, it is imperative for medical billers to remain abreast of industry trends to effectively navigate these hurdles. In this blog post, we will delve into the prevailing issues encountered by medical billers in 2024 and provide valuable insights on how best to overcome them.  To learn more plea ..read more

Partnering with Outsource Receivables, Inc. – Your Trusted Third-Party Medical Billing Partner in Minneapolis, MN was first published on Outsource Receivable's website. In the bustling world of medical practice management, juggling patient care with the intricate demands of medical billing can be overwhelming. Recognizing the need for a trusted, knowledgeable partner to navigate the complexities of medical billing, Outsource Receivables, Inc. emerges as the ideal solution for healthcare providers in Minneapolis, MN seeking comprehensive third-party medical billing services.  To learn more ..read more

The Crucial Role of ORI as Your Trusted Medical Billing Partner was first published on Outsource Receivable's website. When it comes to managing the complexities of medical billing and coding, handling it internally or through a billing company can become overwhelming, impacting the overall success of your medical practice. That's where Outsource Receivables Inc. (ORI) steps in as your reliable medical billing partner, making a significant difference. With our dedicated team, extensive experience, and tailored solutions, ORI is the trusted ally you need to optimize your medical billing process ..read more

Why You Should Choose ORI for Your Medical Billing Needs was first published on Outsource Receivable's website. As a clinic or healthcare provider, keeping up with medical billing can be a daunting task. Not only does it require staying up-to-date on changing regulations, but it also requires significant staffing and technology resources. So why not consider outsourcing your medical billing needs to a trusted partner like Outsource Receivables Inc. (ORI)? To learn more please visit: Outsource Receivables, Inc. - Medical Billing Experts | Minneapolis, MN ..read more

Navigating the New Normal: Mastering Patient Access Amidst Operational Challenges Part 2 was first published on Outsource Receivable's website. In our previous discussion, we peeled back the layers on the upheavals the healthcare industry faces, guided by insights from the August 2023 MGMA Data Report. From rapid operational shifts due to pandemics to the great staffing crisis, the challenges were numerous. However, the industry's resilience shone through with innovations aimed at improving patient access. Today, we'll traverse the financial landscape, delve into the adoption of value-based ca ..read more

Navigating the New Normal: Mastering Patient Access Amidst Operational Challenges Part 1 was first published on Outsource Receivable's website. In recent years, the healthcare industry has witnessed a profound shift, particularly concerning patient access and the operations of medical practices. As if managing patient care wasn't challenging enough, the sector now contends with factors ranging from pandemics to staffing crises. To paint a vivid picture, the August 2023 MGMA Data Report unveiled some startling insights about these changes. Let's delve into these disruptions and identify how the ..read more