All Articles Written by Dana Hall, A/R Data Specialist
All Articles Written by Dana Hall, A/R Data Specialist
Welcome to the archived list of all medical billing articles written and posted to the site by Dana Hall, one of our A/R Data Specialists.
All articles are listed below and categorized by date, newest to oldest. Click any article link below to read the entire article.
Managing Patient Billing and Collections in the Era of HDHPs
The healthcare landscape in the United States has significantly evolved over the last few decades, and one of the most transformative changes has been the rise of high-deductible health plans (HDHPs). These plans, which require patients to pay a substantial amount out-of-pocket before insurance coverage kicks in, have altered how healthcare providers manage patient billing and collections. While HDHPs offer lower premiums, they transfer a larger share of financial responsibility to patients, which presents challenges for both patients and healthcare providers. This article explores how healthcare providers can effectively manage patient billing and collections in the context of HDHPs. We’ll discuss the implications of these plans, the challenges they introduce, …
Managing Accounts Receivable in your Medical Practice
Managing accounts receivable (A/R) effectively is crucial for the financial health of any independent doctor’s medical practice. A/R management encompasses the processes involved in tracking patient billing and payments, ensuring timely collections, and maintaining a steady cash flow. Independent practices often face unique challenges compared to larger healthcare organizations, making efficient A/R management even more vital. This article explores the key aspects of managing A/R as an independent physician, including best practices, common challenges, and practical solutions. Understanding A/R in a Medical Practice Accounts receivable represents the money owed to a medical practice for services provided. This typically includes payments from patients, insurance companies, and other third-party payers. Efficient A/R …
