Friday, May 19, 2023
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.
[ Read More ]According to a post on Healthcare Finance, CFOs cite healthcare benefit expenses as a top concern. It’s not surprising. Compared to other operating expenses, healthcare benefits are one of the largest expenses for a company. As people catch up on their annual medical appointments and follow-up visits, deal with the impact of long-term COVID-19, higher-cost
[ Read More ]In a rapidly evolving environment, it can be challenging to stay up with the trends in healthcare payment. Here are a few predictions about what will occur in 2023. These changes in healthcare payment trends, which range from new developments in technology like artificial intelligence to a rise in value-based treatment, will have a significant
[ Read More ]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
[ Read More ]Photo by Anna Shvets from Pexels: https://www.pexels.com/photo/people-on-a-video-call-4225920/ Fuelled by the drastic changes brought by the Covid-19 pandemic, Telehealth is undeniably reshaping the healthcare landscape in America. But, while virtual medicine is making medical care more accessible and affordable for millions of patients, its adoption comes with some teething problems that providers shouldn’t underestimate – including
[ Read More ]If you are a healthcare professional or a medical practitioner who has decided to open your own practice, medical practice financing is right for you. Not only will this financing option help you establish a career path where you can become your own boss, but you will also achieve a work-life balance. Here is how
[ Read More ]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
[ Read More ]During your retirement years, you will have to spend a lot of money on healthcare costs. While this is true, there are still many older Americans who aren’t planning for this time properly. A healthy couple retiring at the age of 65 can expect to spend around $285K on healthcare costs during retirement. This estimate
[ Read More ]It’s no secret that, as we get older, we notice that our physical faculties aren’t what they once were. Our hearing deteriorates, our movements and reflexes grow slower, and even our vision might worsen; it’s all part of the natural aging process. With that in mind, it likely comes as no surprise that seniors will
[ Read More ]SE Healthcare has announced the official rollout of its software platform that would help practices increase revenue through enhanced reimbursement. For this exciting news, we decided to interview Brian Donovan, VP of Business Development at SE Healthcare. SE Healthcare has added a new component to the company’s Physician Empowerment Suite, namely, the Reimbursement Effectiveness Platform. Can you
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