NETPRACTICE – Medical Billing

Practice Management Services clearly stand out as a boon for medical practices of every scale – from large hospitals to self-employed doctors with clinics, amidst a whirlwind of other technological advancements in healthcare.
Practice management solutions eliminate the need for traditional paper documentation of medical records, appointment details and schedules, and most importantly manual billing procedures....

Innovative research, admirable life-saving procedures, new diagnostic tools and experimental treatments – these often feature in the media and other research reports. However, even with such ingenious advancements in healthcare, some serious issues continue...

In a large hospital, with separate staff for administrative, nursing and financial tasks, heavy patient traffic can be handled even when the doctor-patient ratio is low. However, in an independent medical practice, these peripheral activities steer the...

With the ever-growing responsibilities of patient care, it is difficult for a medical practice to keep track of its revenue and profits. Billing data and how insurance reimbursements are recorded is often regarded as ‘data for data sake’.
A medical practice’s profitability depends on how efficiently its business is managed. But how can medical practitioners assess their profits objectively? In the vast reserves of statistics, how can you find meaningful metrics to evaluate your performance...