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collections

What’s New in Coding: Summer 2025 Updates

July 17, 2025

Summer is in full swing, and while your providers may be dreaming of vacations, you’ve got your eye on something else—coding updates. As of July 1, 2025, several important coding changes have taken effect, and it’s a great time to make sure your team is up to speed. Whether your office specializes in primary care, orthopedics, behavioral health, or anything in between, staying … [Read more...] about What’s New in Coding: Summer 2025 Updates

📋 Quick Checklist: 5 Financial Metrics Every Medical Office Manager Should Watch

May 28, 2025

Keeping a close eye on the financial health of the practice is just as important as managing patient flow and team operations. This quick checklist covers five key metrics that help ensure billing processes run smoothly, collections stay strong, and accounts receivable don’t spiral out of control. Use it as a monthly guide to spot potential issues early and make informed … [Read more...] about 📋 Quick Checklist: 5 Financial Metrics Every Medical Office Manager Should Watch

Maximizing Revenue: 8 Tips for Efficient Claims Management

February 3, 2025

Keeping the claims management process smooth and efficient is crucial to maintaining steady revenue in a medical practice. Delays, errors, and denials can seriously impact reimbursements and slow down cash flow. These strategies will help improve efficiency and ensure claims are handled promptly and correctly to maximize revenue.   1. Verify Patient … [Read more...] about Maximizing Revenue: 8 Tips for Efficient Claims Management

Why you need an office policy on collecting fees

September 16, 2019

Most medical practices take time once a year to create new office goals or a business plan and, hopefully, to upgrade their policy manuals. And consideration of collecting on co-pays and deductibles needs to be an integral part of that business plan, according to Michael Glass, a medical consultant with Transworld Systems Inc. (TSI). Why bother with an office policy? The … [Read more...] about Why you need an office policy on collecting fees

7 best practices for optimizing your collections

May 17, 2019

By Ranadene (Randi) K. Tapio, MBA, CMRS, CMC, Guest Contributor  bio Collections isn't the most glamorous part of running a practice. Perhaps the only thing worse than making collections calls is receiving them! Unfortunately, collections is necessary and if done correctly, it will allow you to collect on accounts that have sat stagnant for months, sometimes years. In … [Read more...] about 7 best practices for optimizing your collections

5 proven levers for improving your medical practice

January 11, 2019

Virtually any medical practice can immediately improve its revenue, cash flow, profitability, and growth, along with streamlining its operations by embracing five levers for medical practice improvement. John W. McDaniel, founder and chairman of Peak Performance Physicians LLC of New Orleans, LA, says these five levers apply to any type of healthcare business, whether it is a … [Read more...] about 5 proven levers for improving your medical practice

Want to improve collections? Start by looking at your Patient Registration System

March 16, 2018

By Ranadene (Randi) K. Tapio, MBA, CMRS, CMC, Guest Contributor  bio First and foremost, a good intake system and/or form is a must! If set up properly, your intake system and/or form will collect all the necessary information you need to bill a patients insurance carrier(s). Offices should collect, at minimum, the following information: Demographics Patient's full … [Read more...] about Want to improve collections? Start by looking at your Patient Registration System

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