Level Medical Billing Knowledge Hub
Level Medical Billing Knowledge Hub
Getting paid for telemedicine services
Elizabeth Woodcock explains the policies surrounding telemedicine, as well as what services are reimbursable and how payment is...
Leveraging clinical documentation improvement for post-COVID financial recovery
CDI can be a critical initiative that not only increases reimbursement revenue but also enhances the patient experience. In the wake of COVID-19, physician practices faced a myriad of challenges creating a contactless and consumer-friendly patient experience, ramping...
Practice Financing Part 2: Patient Lending Programs
In part 2 of our discussion with Banker’s Healthcare Group, hear from the President of Patient Lending, Keith Gruebele, on how these programs can benefit your practice by extending the amount of patients that can receive and finance your services. In our last episode,...
Thriving through better claims and collections
How an independent practice grew through optimizations and consolidation Current revenue cycle management (RCM) processes in some practices may be well established, but there is always room for improvement and optimizations. At MGMA's virtual Medical Practice...
Population-based payments to replace fee-for-service
The rapid decline of in-person visitation in early 2020 due to the COVID-19 pandemic revealed the unstable reality of fee-for-service payments, which should be replaced by population-based payments, authors of an article recently published in JAMA suggest. Suhas...
Offering long-term payment plans to meet the financial needs of patients
As healthcare payment liability continues to shift to patients, it has become increasingly important for healthcare organizations to offer convenient and accessible patient payment options. Prior to COVID-19, the exponential growth of high deductible health plans...
How Revenue Cycle Technology Got Patients Back to the Office
Patient volumes have exceeded pre-pandemic levels for Family Practice Associates of Lexington PSC thanks to patient engagement and revenue cycle technology. After experiencing a significant dip in patient volumes during the COVID-19 pandemic, Family Practice...
Quality Care Family Practice Hires Experts to Handle Billing
CASE STUDY Quality Care Family PracticeLocation: Corona, CAFounded: April 15, 2012Provider: Dr. Anuradha Sathya, MD, Family Medicine SpecialistPractice Administrator: MK Sathya HIGHLIGHTS Days in A/R reduced by 84%Average reimbursement per encounter increased by...
Health Systems Losing Money on Employed Physicians During COVID-19
Health systems are facing a mean subsidy, or loss, of $227K per employed physician, while hospitals continue to underperform due to COVID-19, Kaufman Hall reports. The ongoing COVID-19 pandemic is creating a perfect storm for health systems, which appear to be taking...
81% of Physicians Still Providing Fewer In-Person Visits, AMA Finds
The loss of in-person visits coupled with higher-than-normal expenses threatens physician practice viability, the American Medical Association says. Physician practice viability is under threat as physicians continue to see fewer patients in-person, according to a...