May 6, 2024
by John Gwin

10 Revenue Cycle Management Best Practices

10 Revenue Cycle Management Best Practices Revenue cycle management (RCM) is a key aspect of running any successful practice.  It encompasses everything from scheduling and appointment booking to billing and payment processing – pretty important things if you want your practice to thrive! Effective RCM not only ensures the financial health of a clinic, but […]

April 29, 2024
by John Gwin

Medical Billing Outsourcing: The Pros & Cons

Medical Billing Outsourcing: The Pros & Cons Medical billing – a very key component of practice management – is complex, and we all know the headaches of rejected claims, ensuring compliance, and the administrative strain that it puts on our practices.  Outsourcing medical billing may be just the thing you need to improve your practice, […]

September 9, 2022
by Admin

WHICH PLASTIC SURGERY PROCEDURES ACTUALLY PAY (THROUGH INSURANCE)?

WHICH PLASTIC SURGERY PROCEDURES ACTUALLY PAY (THROUGH INSURANCE)? As a plastic surgeon, it’s likely that you got into this field because you like to help people.  But, realistically, you can’t help every person that walks through your doors and still keep the lights on. To run a successful practice, you have to keep an eye […]

August 8, 2022
by Admin

FINANCING YOUR MEDICAL PRACTICE

So you’re a plastic surgeon or dermatologist, and you’re ready to take the next big step in your career. You’ve got some experience under your belt and you’re pretty good at what you do, so the next logical step is starting your own practice. (I mean, who doesn’t want to be their own boss?) You’ve […]

February 21, 2022
by Admin

WHY YOU NEED SEO FOR YOUR PLASTIC SURGERY PRACTICE

Search engines handle approximately 2.45 million searches for health-related topics, and over 100,000 searches for “plastic surgery” every month. Just think about what the right search engine optimization (SEO) strategy can do for  your plastic surgery practice. SEO is using a set of practices to improve the positioning and appearance of your web pages. It […]

November 26, 2021
by Admin

What You Need to Know About Medical Bookkeeping

Not sure what medical bookkeeping is?  Don’t sweat it, just reconcile the books against the bank account and 90% of docs won’t know the difference. Reports get generated.  Bills get paid, Taxes get filed.  People go home happy. ? That’s good enough, right? Medical bookkeeping isn’t just bookkeeping for the medical industry.  It isn’t just […]

September 17, 2021
by Admin

Should I Use A Collections Company / Agency

As enticing as sending out “Bruno with the Bat” may sound…there’s a bit more thought to put into the uncollected patient balances you have for more reasons than one. So should you use a traditional/true collections agency? IMHO…you need one…but you shouldn’t be using them if you can avoid it. I have math to back […]

September 13, 2021
by Admin

Why Outsource Medical Billing?

Don’t just outsource medical billing… Outsource is a dirty word! It sounds like you’re faxing your patient information to some foreign company with zero oversight or control and who cares. Find a partner. Find a company / a firm /a team who you trust to be a true custodian of your dollars. Everyone says they’re […]

June 27, 2019
by Admin

How Much Does It Cost to Start a Medical Practice?

Starting a medical practice is a demanding process that can come with a high price tag. To determine whether launching a medical practice is right for you, consider the following cost breakdown.

December 4, 2018
by Admin

Choosing Merchant Services for Your Medical Practice

Payment processing is one of those things that should just work. You shouldn’t really need to spend much time worrying about it and no news is good news right? The problem is that the industry is largely predatory when it comes to contracting and rates, especially with medical offices. Worse still, support is quite frequently outsourced and/or has pretty low bar for the definition of support/services.

While many medical offices run like a business, they have drastically different needs for payment processing. The average business worries about protecting customer payment information. For a medical practice, however, a breach in security compromises patient medical information. Medical offices also have strong use cases for mobile payments, embedded statement payment options, online payment options and beyond.

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