Improper management of a practice’s revenue collection is a recipe for a financial downturn. Since the beginning of time, many medical practices have trapped themselves into artificial financial crises caused by preventable claim denials, failure to collect their patients’ out-of-pocket expenses, and poor contract rates. In this article, our billing and credentialing experts share their insight into ensuring a stable revenue flow and making the most out of our enrollment contracts.
Keeping your practice in good health: 5 key metrics for a secure flow of account receivables
