Medical Billing Report

Read the latest trends, challenges and advances in medical billing. PHIMED will continue to bring our leaders insights in these informative Q&A sessions.

woman working at computer

Vol 8

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

The Informed Choice – Selecting Medical Billing Software for Today’s Healthcare Needs

Providers should look for solutions that integrate robust revenue cycle management, adhere to current regulations, and provide strong data security. It’s not enough to have advanced software; the key is in a solution that brings together technical capability with a technology company that has a comprehensive training and support program.

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medical billing report

Vol 7

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

Financial Vital Signs: Strategies for Reducing Errors and Improving Cash Flow

Key Performance Indicators (KPIs) are critical because they serve as quantifiable measures that gauge the financial health and operational success of a medical practice. They enable healthcare organizations to monitor cash flow, evaluate the efficiency of billing processes, and identify issues such as coding errors and claim denials.

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hands typing at laptop computer

Vol 6

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

The Future of Medical Billing: 2024 Trends to Boost Revenue and Compliance

In 2024, medical billing is poised for several significant changes. Firstly, advanced billing software and automation will play a pivotal role in transforming billing processes. These technologies are designed to simplify complex tasks, reduce errors, and enhance revenue collection. PhyGeneSys, our flagship solution, is at the forefront of this trend, empowering healthcare providers to streamline their revenue cycle management for increased efficiency and accuracy.

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successful payment

Vol 5

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

From Data to Dollars: How Technology Secures Revenue Integrity in Healthcare

Revenue integrity ensures that healthcare providers are accurately reimbursed for the services they render. This accuracy directly impacts the financial health of the organization. By capturing all services provided, minimizing errors, and streamlining the billing and claims process, revenue integrity ensures that providers receive the revenue they are owed in a timely manner.

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Revenue graphics

Vol 4

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

Revenue Cycle Management in Healthcare: Strategies for Improvement

Revenue cycle management is the lifeblood of any healthcare organization. It encompasses everything from patient registration and billing to claims processing and payment collection. Accurate and efficient management is essential to ensure that healthcare providers receive proper compensation for the services they provide.

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doctor using laptop

Vol 3

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

Navigating Denial Management Challenges: Innovative Approaches for Healthcare Providers

Denial management is a complex arena. Healthcare providers grapple with coding errors, documentation discrepancies, and evolving payer regulations. Manual appeal processes, data silos, and lack of predictive insights all contribute to delayed and inefficient denial resolution.

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medical billing report data protection

Vol 2

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

The Impact of Ransomware Attacks and Data Security Breaches on the Healthcare Industry

Ransomware attacks and data security breaches pose a significant threat to the healthcare industry. The impact can be severe, both in terms of financial losses and patient safety. Ransomware attacks can result in the encryption and potential loss of sensitive patient data, leading to operational disruptions, compromised patient care, and financial implications due to potential regulatory fines and legal actions.

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medical billing report healthcare billing automation

Vol 1

Interview:
Hal Fulgham
President and CEO

Major Challenges in Healthcare Billing Today, and How Automation Is Addressing These Challenges

Healthcare billing faces several significant challenges, such as increasing administrative burdens, rising healthcare costs, complex billing codes, and frequent changes in regulations. These challenges can lead to errors, denied claims, revenue leakage, and delays in reimbursement. Automation plays a crucial role in addressing these challenges.

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