A recent report from Kaufman, Hall, and Associates on behalf of the American Hospital Association shows that in 2021, hospitals could lose over $120 Billion in revenue. If the situation remains under control for a more significant part of the ...
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Did you know that according to the financial benchmarking of the American Academy of Family Physicians, the number of overall days spent in accounts receivable should ideally be 30 to 40? Yet, most clinics suffering from low collection rates record ...
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Did you know that more than two-thirds of US companies outsource to offshore companies? What about healthcare companies? The market forecast says that the US healthcare outsourcing industry is set to reach a value of USD 66 Billion by 2023! ...
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Healthcare BPO services are on the rise in the market because of their top notch performance and resource utilization skills. A large number of healthcare organizations depend on these BPO services for a range of jobs. It all depends on ...
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Covid-19 has not only impacted other industries but also healthcare BPO services. It is one of the leading industries, which looks forward to optimize its services as well as maximize the efficiency of its staff. It aims to deliver excellent patient ...
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In medical billing industry, there’s no way of escaping challenges. Healthcare BPO companies can be the major hope for healthcare professionals and hospitals. It won’t be an overstatement to state that most healthcare companies are still not out-and-out customer-driven. It’s ...
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Is Covid-19 impact on healthcare a loss or gain? How did healthcare billing companies adapt to the new formula of billing practice? Post pandemic reminds the substantial loss and global recession that has a very long lasting impact on healthcare ...
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The fundamental goal of chronic care management is to aid patients with better and quality care and management. The Centers for Medicare and Medicaid have recognized chronic care management as crucial component that contributes to good patient responsibility. Few years ...
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Hospital Billing Software act as a lifeline for healthcare professionals or medical practitioners. In the present scenario where the workload is affecting patient responsibility, hospital billing software can possibly speed up the tasks of practitioners. But the actual point is, ...
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Well, to employ a billing strategy, isn’t it fair to explore the types of medical billing that soars in healthcare industry? Physician billing and hospital billing are the two types to be clearly understood before stepping into the billing process. ...
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