Many projects go live using some of the basic documentation provided with the purchase and very little customization. Customization can be part of the solution but only if the optimization efforts for documentation are carefully approached. Customization is not the Holy Grail, however if done well and with clear intention, can pave the way to […]
Result Interfaces – Common Yet Complex
In the realm of Healthcare Revenue Cycle Management (RCM), result interfaces play a pivotal role. They are common, yet their complexity often goes unnoticed. Let’s delve into why these interfaces are both common and complex. 1. Ubiquity of Result Interfaces Result interfaces are ubiquitous in healthcare RCM. They facilitate the seamless exchange of patient data, […]
Why Outsource your Medical Billing?
Keeping track of medical bills in the ever-changing healthcare sector can be difficult and time-consuming. Healthcare providers now have a practical option for streamlining their Revenue Cycle Management (RCM) procedure: outsourcing medical billing. The following are some strong arguments in favor of outsourcing medical billing: Cost-Effective Outsourcing can yield significant cost savings. For example, a […]
Transitioning from in-house billing to outsourced billing
The move to outsource medical billing can be unnerving, but it is one of the most impactful ways that a small practice can reduce costs and improve efficiency. If you have questions about outsourcing your billing, one of our advisors would be happy to discuss the process and assess whether Svast Healthcare is the best RCM partner […]
8 Benefits of Outsourcing Medical Billing
Deciding whether or not outsourcing medical billing is the right thing to do for your practice can be a difficult decision. However, it should be as easy as deciding whether or not to perform your own appendectomy. Medical billing has always required a specialized set of skills, and in the last few years we’ve seen a steep […]
5 Questions to Ask to Reduce Denied Claims
We’ve all seen it. The patient comes to the check-in window, and you ask “Name… date of birth… have there been any changes in your address or insurance?” The patient quickly replies, “Nope”, and takes a seat in the waiting room. The charge is entered and billed to the insurance on file and two weeks […]
Why Physicians Should Open a Medical Practice
In the healthcare industry, physicians often grapple with the decision of whether to open a private practice. While it may seem daunting, there are several compelling reasons why physicians should consider opening their own medical practice: 1. Autonomy and Control Having your own practice gives you complete control over your work. You can make decisions […]
7 Things to Consider While Choosing a Medical Billing Company
You have made a wise choice to outsource medical billing. More than 70% of physician practices see an increased payment and reduced AR if they are able to find the right medical billing company. It can be overwhelming to select a medical billing company that you can trust. Below are key 7 aspects to evaluate […]
What is Medical Billing? How Medical Billing outsourcing helps?
Students must be equipped with the skills to navigate the digital world effectively, including using computers.
Why your practice should outsource medical billing?
Students must be equipped with the skills to navigate the digital world effectively, including using computers.