Practice Management

Merry Blogmas! Check out this week's blog covering some strategies we recommend to prevent revenue leakage at your healthcare organization. Studies suggest hospitals lose an estimated 3-5% of net revenue annually due to leakage, amounting to billions of dollars industry-wide. It can stem from unbilled services, denied claims, or errors in patient billing. Addressing revenue leakage is vital to maintaining operational efficiency and ensuring the delivery of high-quality care. Read the entire post here where we explore practical strategies to prevent revenue leakage and highlight areas where FQHCs in particular face unique challenges.

Merry Christmas from all of us at Practice Management!

Merry Blogmas! Check out our latest blog focusing on how collaboration can improve your internal RCM. Optimizing RCM processes is a complex task that requires coordination between healthcare providers, payers, and vendors. By focusing on collaboration, organizations can streamline workflows, reduce denials, and improve revenue outcomes while remaining focused on their mission of providing excellent patient care. We're exploring how strong partnerships can enhance RCM and drive financial health for your organization. 

Looking for last minute gift ideas for the medical billers and coders in your life? We found this list full of adorable and affordable ideas for gifts that show your billing team how appreciated they are this Christmas season!

Welcome to another Wellness Wednesday where we focus on improving wellness for healthcare employees. As Christmas approaches, this is a great time of year to combine employee wellness with appreciation. Use this Wellness Wednesday to celebrate your staff! Create personalized wellness boxes for employees to show appreciation. Include items like healthy snacks, herbal teas, essential oils, and small self-care tools such as stress balls or mini journals. Add a handwritten note to convey gratitude and encouragement. This thoughtful gesture gives them small tools to help promote mental well-being and reduce stress, and a thoughtful gift makes your employees feel valued. Adding a cute holiday theme adds a warm, festive touch!

Ready to start fresh? Aging AR can weigh down your revenue cycle and create unnecessary stress for your billing team. Cleaning up AR means reclaiming lost revenue, reducing write-offs, and improving cash flow - all while giving your healthcare organization a clean slate for the new year! Let us help you recover what you're owed and build a more sustainable financial future for 2025. Check out our AR Cleanup services here: https://buff.ly/3YO7A61

Set Your Billing Department Up for Success in 2025! 🎉 A thorough billing department assessment can uncover hidden inefficiencies, improve workflows, and ensure compliance—all key factors in building a financially healthy healthcare organization. As you plan for 2025, investing in an assessment means setting the stage for stronger revenue, fewer headaches, and better patient care. Our remote assessment services are available nationwide and tailored to your unique needs. Let's make the new year your best yet! https://buff.ly/3xc7mpC

What we're listening to: Revolutionizing Healthcare Delivery - The Power of care Operating Systems We're exhibiting at the annual IHI Forum this month, so we're checking out this podcast featuring IHI team members Josh Clark and Kedar Mate as they discuss the innovative role of care operating systems in transforming patient care. Listen here: https://buff.ly/4f3CqMf

As 2025 approaches, it's the perfect time to set your healthcare organization up for success with sustainable funding. Outsourcing your RCM can streamline billing, reduce errors, and ensure consistent cash flow. For FQHCs, CHCs, and group practices, expert RCM services mean more than just revenue—they mean stability, growth, and more resources to reinvest in patient care. Let 2025 be the year your organization thrives! #SustainableFunding #HealthcareRCM #RevenueCycleManagement #NewYearGoals #PracticeManagement

Merry Blogmas!🎄We're celebrating December with our own Blogmas to close out the year. We'll be releasing one blog every week this month covering topics like how to empower your healthcare staff, collaborative approaches to RCM, and key strategies to help you prevent revenue leakage in the new year. Check back every Friday this month to celebrate Blogmas with us! Bookmark our blog here: https://buff.ly/4imwKzR