Report Archives

Vol 13

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

Enhancing Financial Health with Tech-Driven Solutions for Underpayment in Healthcare

Underpayments significantly disrupt healthcare providers’ revenue cycles and operational efficiency. They often stem from several sources such as coding mistakes, incorrect patient data, or incomplete documentation, which lead to financial discrepancies that can be both persistent and costly. By pinpointing the root causes such as coding errors—which are responsible for up to 80% of billing mistakes—we can better tailor solutions to prevent them.

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Vol 12

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

Navigating the Complexities of Telemedicine in Modern Healthcare

The pandemic accelerated the adoption of telemedicine, marking an increase of over 154% in telehealth visits in just the early weeks of the pandemic, as reported by the CDC. This surge is not just a temporary shift; it represents a fundamental transformation in how healthcare services are delivered, emphasizing the need for robust digital infrastructure. Telemedicine has proven essential for providing continued medical care during crises, and its integration into daily healthcare practices is becoming increasingly crucial.

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Vol 11

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

Expert Insights: Minimizing Billing Losses and Maximizing Efficiency 

Practices should consider adopting integrated practice management systems that enhance data accuracy and streamline the billing cycle. For example, systems like PhyGeneSys that offer end-to-end solutions can automate many of the repetitive tasks that are prone to human error. They also facilitate better claim tracking and manage patient appointments, which are often the starting point of the billing process. Technology that offers intelligent data analysis can alert practices to common errors before they result in rejected claims.

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Vol 9

Interview:
Ashley Kilmartin
Director of Strategic Partnerships

A Frontline Defense Against Rising Denial Rates in Medical Billings

With approximately 60% of denials stemming from front-end processes, providers should take steps to revamp their patient intake processes. This includes meticulous verification of patient information, insurance details, and benefits eligibility at the point of service.

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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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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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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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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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