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In Partnership With Author Robert Doherty, Global Head of Legal & Insolvency, Aryza Date published May 20, 2024 Categories (https://www.accountancyage.com/category/opinion-blog/) Opinion Blog In todays dynamic business landscape, mastering receivables management [...]

Summary * Close the justice gap and keep up with other service providers by eliminating hourly billing. * As you transition your practice to a modern, client-centric law firm, the [...]

In Brief Despite claims to the contrary, the billable hour is still the most common billing method, and realization the most common profitability metric used by CPA firms. Even with [...]

Q. I am having issues billing an unlisted code for a new procedure the doctor is performing. Do you have any suggestions for appropriate billing of an unlisted code? A. [...]

A meeting of a multiemployer fund board of trustees is filled with tasks to be addressed, reports to be given and decisions to be made. Most boards meet quarterly and [...]

ARE YOU STRUGGLING with nonpaying clients? If so, you are not alone. Thomson Reuters' Peer Monitor reports an approximate 10 percent decline--from 93 percent to 83 percent--in the portion of [...]

When Southwest Airlines was a fledgling company, it struggled with finding a way to outpace other airlines in a competitive environment. Legendary CEO Herb Kelleher believed Southwest could gain a [...]

A recent study plainly describes health care providers' view of the current role of patients and patient financial responsibilities: that of primary payer. This finding is among the highlights of [...]

Money is a taboo topic, and tackling the topic of money can lead to some awkward moments. Such is the case with friends, family, and health care. Among the reasons [...]

We've heard the story countless times. A billing dispute damages an otherwise productive attorney-client relationship and, because of the breached trust, opens the door for competition. Blame is often placed [...]

Byline: Steve Platt For most banks, the customer experience is rightfully at the forefront of every business strategy. Many would-be customers are at pivotal stages in their lives -- purchasing [...]

A recent survey shows all hospitals characterize patient access as a fully integrated member of the revenue cycle management team--a full 100 percent rather than 95 percent, as reported a [...]

AS A LAW PRACTICE ADVISOR, I often meet with practitioners who are disgruntled because they are having trouble getting paid by their clients. Without a tangible product in hand, clients [...]

GENERAL COUNSEL are more focused than ever on spending less and getting more out of their legal budgets. They are reading the legal trade press headlines about allegations of abusive [...]

Over the past generation, the issue of unpaid child support has received concentrated attention, both from individual states and the federal government. During this same period, the governmental cost of [...]

As much as you may love the law, you are in business to make money. You work so you can support yourself and your family, and to have the lifestyle [...]

Collecting patient-pay balances at the time of service never has been an easy task, and it remains particularly challenging in the current economic environment. The greatest challenge, however, is rooted [...]

Collecting patient-pay balances at the time of service increasingly is becoming an accepted business practice at more and more health care provider organizations across the country. Time-of-service collections are more [...]

SQL Server PowerPivot is a collection of client and server components that enable managed self-service business intelligence (BI) for the next-generation Microsoft data platform. After I introduce you to PowerPivot, [...]

Step No. 1 for equine veterinarians? Don't bill in the first place. (But if you do, I've got advice for that too.). For most equine practitioners, the further they get [...]

Medical practices have a vested interest in protecting--and growing--their revenue, especially as patient payment responsibility increase.The seemingly straightforward task of collecting patient payments can, in reality, be an arduous and [...]

How do you help healthcare organizations navigate the biggest challenges in healthcare? Through seamless integration, high-tech communication channels, training support and visually appealing, results-oriented reporting. The healthcare delivery system is [...]

Times are tough for primary care physicians--so tough that American Academy of Family Physicians' President Jim King, MD, recently called for health care reform to ensure that coverage is affordable [...]

At a time when patients increasingly are responsible for greater portions of their health care bills, fewer of the nation's health care provider organizations report consistent efforts to collect patient-pay [...]