Industry News
Common Questions at Physical Therapy Billing.
5 Tips on How to Get an NPI Number
Navigating the healthcare industry can be a daunting task, especially when it comes to the administrative side of things. One essential requirement for healthcare providers in the United States is obtaining a National Provider Identifier (NPI) number. Whether you're a...
Patient-Relationship Management And Why It Is Important
In the contemporary healthcare ecosystem, the concept of patient-relationship management stands as a cornerstone of quality care delivery. For a billing company specializing in supporting physical therapy practices, understanding and implementing strategies to nurture...
Unleashing Financial Potential: Maximizing Reimbursements for PT Clinics
In the realm of healthcare, physical therapy clinics play a vital role in improving patients' lives. However, a crucial aspect of sustaining these clinics lies in effectively managing physical therapy reimbursement. Maximizing reimbursements not only ensures financial...
Why Insurance Pays Differently for Physical Therapy Procedure Codes
Medical Billing for Physical Therapy: Understanding Reimbursement Variations Medical billing for physical therapy can be a complex puzzle, with various procedure codes representing the services provided. One intriguing aspect that leaves many puzzled is the...
Navigating High-Deductible Health Plans: Effective RCM Strategies for PT Clinics
The rise of high-deductible health plans (HDHPs) has reshaped the healthcare landscape, impacting both patients and providers. For physical therapy clinics, adapting to these plans requires strategic approaches within Revenue Cycle Management (RCM) services. In this...
Financial Benchmarking for PT Clinics and the Role of RCM Services
In the dynamic landscape of healthcare, financial benchmarking has emerged as a crucial tool for evaluating the success of Revenue Cycle Management (RCM) services in physical therapy clinics. With the evolving complexities of medical billing, coding, and...
Optimizing the Patient Onboarding Process to Improve Revenue Flow
The patient onboarding process serves as the gateway to quality healthcare services, and it also plays a pivotal role in optimizing revenue flow for medical practices. A well-structured onboarding process not only ensures a positive patient experience but also...
Trends in Revenue Cycle Management in 2023
As the healthcare landscape continues to evolve, so do the strategies and technologies driving Revenue Cycle Management (RCM) services. The year 2023 brings a host of emerging trends that are reshaping the way healthcare providers approach financial processes. In this...
Steps to Improve Cash Flow in Your Physical Therapy Clinic
Cash flow is the lifeblood of any business, including physical therapy clinics. A healthy cash flow ensures smooth operations, timely payments, and the ability to invest in growth. In the context of a physical therapy clinic, optimizing cash flow is essential for...
Navigating Patient Billing Queries in Physical Therapy: Answers to Common Questions
Patient billing can often be a source of confusion and concern for individuals seeking physical therapy services. With the complexity of healthcare systems and insurance processes, addressing common billing questions is essential for fostering transparent...