Starting Up A Business
Building your own business from the ground up is an exciting opportunity, but it can also be challenging. Starting up a business involves planning, making critical financial decisions, and completing a series of legal activities. Scroll down to learn about the steps that might help guide you. 1. Conduct market research Market research and competitive […]
Finances and Your Medical Billing Practices
The financial success of your practice can’t be evaluated through cash flow alone—it’s just one of several vital factors. Use this article as your guide to easily digest and better understand how to measure your practice’s financial health. You’ll learn in this article more on Finances and Your Medical Billing Practices. Revenue Cycle Management: Key […]
Explore the Fundamentals of Medical Billing and Coding
Medical billing and coding are the backbones of the healthcare revenue cycle, ensuring payers and patients reimburse providers for services delivered. Medical billing and coding translate a patient encounter into the languages used for claims submission and reimbursement. Billing and coding are separate processes, but both are crucial to receiving payment for healthcare services. Medical […]
Redefine Your Revenue Cycle
“There’s no limit on how much you can earn.” As you probably already know, a healthy revenue cycle is essential for maintaining your healthcare facility’s financial wellbeing and ensuring that physicians in your organization are appropriately compensated. One way to improve your revenue cycle is to reduce AR days, but a few other things […]
4 Steps to Starting a Medical Billing Business
Interested in starting a medical billing business? Here’s a list of ‘must-do’s to get your medical billing business running… You need to do several things before making money if you want to start a medical billing business; Use this list to help you understand the various components. We’ve also included some tips on keeping your initial […]
Plan Your Next Business
A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are: What are the startup and ongoing costs? Who is your target market? How much can you charge customers? What will you name your […]
5 Qualities of a Great Company
We know that hindsight is 20/20, but how can we make sure that our next career move is the right one? Make the most of your job search by having a checklist that extends beyond the job description. Create a checklist for qualities you are looking for in your future employer, and you will be far […]