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5 Tactics to Increase Your Medical Practice Revenue

A multitude of factors drive or influence your medical practice revenue, including claims management, patient payments, and your in-house billing workflow. Each of these largely impacts whether a provider sees on-time payments and can stabilize their medical practice revenue bottom-line year-to-year.  Without the right tools, providers might find it difficult

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CollaborateMD | Improve Revenue Cycle Management

8 Tactics to Improve Revenue Cycle Management for Your Practice 

Whether you’re part of a larger hospital or run your own private practice, improving revenue cycle management means improving your bottom line. Reducing rejected claims, shortening payment lag, and otherwise smoothing your payment processes will increase your office’s efficiency and help bring more money into your practice.  With that in

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medical billing company

5 Tips for Better & Faster Medical Billing 

For medical billing companies, faster revenue cycles mean everything. By automating billing tasks, establishing built-in clearinghouses with qualified practice management software, and embracing artificial intelligence in their workflows, today’s medical billing companies are able to process more claims in less time than ever before. But not every company is using

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CollaborateMD | Medical Billing

4 Insider Tips to Get Paid Faster

If you’re looking to optimize revenue cycle management and get paid faster, you’ve come to the right place. Keep reading to learn more about the benefits of getting paid quickly — and the easiest way to make it happen. The Benefits of Getting Paid Quickly When medical practices run into

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CollaborateMD | How Medical Billing Software Can Help Streamline Your Practice in 2022

How Medical Billing Software Can Help Streamline Your Practice in 2022

In an age where efficiency matters most, more and more healthcare organizations are using cutting-edge technologies to streamline their operations and provide better care to patients. In fact, a recent survey found that 81 percent of healthcare executives admit the pace of digital transformation for their organization is accelerating. Further,

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patient waiting room

3 Timeless Patient Retention Strategies to Keep Them Coming Back

Patients are the lifeblood of your medical practice, and your team works hard to keep them healthy and happy. In exchange for top-notch medical experiences, your patients keep supporting your practice and pay their bills on time. It’s the textbook definition of a mutually beneficial relationship. That said, retaining patients

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Woman watching a laptop screen while stretching her hand and typing on it

Save Time and Money for your Practice with CollaborateMD

Patients today increasingly expect healthcare experiences that are both seamless and personalized. Unfortunately, this is much easier said than done for many practices that are still doing things the way they’ve been done for years. After all, medical providers and staff at these slower-to-modernize practices spend a lot of time

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medical biller submitting claim

Pros and Cons: Should Your Practice Outsource Medical Billing?

As a result of the pandemic, the U.S. healthcare sector is facing a massive clinical and administrative staffing shortage. Despite gaining about 50,000 jobs since January, the industry still needs to fill more than 500,000 additional positions to get back to pre-pandemic levels. Chances are your facility is experiencing the

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