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| Articles by Softoix Website |
21. The Reality of In-House Patient Collections
August 22, 2013
When done correctly, in-house patient collections can be very effective. However, few medical centers have the staff, experience, technology, and governance needed to effectively run and manage a thorough patient pre-collect process.
As a rule, most back office medical systems and a...
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22. Revenue Cycle and ObamaCare: What Is the Projected Impact?
August 22, 2013
ObamaCare, even the title is an oxymoron. There is nothing I can see in my review and analysis of the "PPACA" H.R. 3590 that resembles "care".
Nancy Pelosi put the "local framework" of this legislation into context with her infamous statement, "we need to pass this bill in order to ...
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23. Patient Collections - Is It Worth The Risk?
August 22, 2013
Research has shown that a patient that gets sent to collections is 70% more likely to leave the practice than a patient who was not sent to collections. If a non-paying patient does not return to the practice, no revenue is lost. However, if a paying patient is mistakenly sent to collections, the co...
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24. The Effect Of PPACA On The Revenue Cycle
August 22, 2013
Many providers are wondering what effect PPACA will have on their practice revenue. For those who don't have time to read and digest the 1,000 + pages of bureaucratic rhetoric, some of the basic elements are set forth below.
Expect Lower & Slower Insurance Reimbursements:
Th...
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25. Boosting Your Patient A/R Revenue
August 22, 2013
A comprehensive pre-collection (early-out) program has the potential to boost patient A/R recovery results by more than 60%. Although many practices understand the importance of a robust pre-collection program; few actually take the steps needed to implement one. To build a successful pre-collection...
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26. Increase Patient A/R Revenue by 68.8%
August 22, 2013
Recent studies have linked extended primary care office hours to lower health care costs. The question is now being asked: Is there also a link between extended patient billing hours and increased patient revenue? Patients asked were unanimous in their response that they would love to be ab...
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27. Mutual Fund - Investment Option
July 24, 2013
Mutual funds are one of the best investment options for small investors. By investing in it, investors are able to diversify their investments and earn excellent returns. For those wanting to invest in top mutual funds, there are two ways of determining what constitutes a top fund. One way is to foc...
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28. 3 Benefits of Mutual Fund Investing
July 24, 2013
Mutual fund investing is a primary way of building a retirement portfolio and also an easy way for you to invest in the stock market. While ETFs have become popular and are the main challenger to mutual funds, ETFs are still less popular.
Investing in mutual funds can provide you with three ...
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29. About Mid Cap Funds
July 24, 2013
When a company pools funds from investors in order to buy a variety of securities, the fund is known as a mutual fund. The mutual fund company issues units of the fund and sells it to the public. The cost of the fund depends on how many units are bought. Usually the payment of the number of units is...
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30. Why You Should Invest in Equity Mutual Funds
July 24, 2013
Mutual funds, like any financial instrument, come in several variations. One of these is an equity fund. By definition, equity mutual funds are those which are invest principally in stocks. Equity mutual funds invest collated amounts of money in the stocks of private companies, which represent the i...
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Author: Softoix Website
