Beata Klarowska M.S.,CCC-SLP’s Post

Ever heard of electronic remittance advice? It plays a crucial role in the reimbursement process, providing detailed information about payments, adjustments, and denials from insurance companies. If you’re not already familiar, watch our video as we'll look at the ins and outs of ERA, empowering therapists like you to leverage this valuable tool to streamline billing operations and improve financial efficiency. Watch the video now. 👉https://ow.ly/ZZRx50TU2HU #telehealth #EHR #privatepractice

INSURANCE AND PATIENT PAYMENT POSTING ✔Unlock the potential of your revenue streams with our seamless payment posting solutions. ✔Experience faster reimbursement turnaround times with our efficient payment posting processes. ✔Promote financial transparency and integrity within your organization with our comprehensive payment posting services. ✔Empower your patients with transparent billing practices that promote understanding and trust. #PaymentPosting #RevenueStream #EfficientReimbursement #FinancialTransparency #Integrity #TransparentBilling #EmpowerPatients #TrustworthyPractices

#PracticeManagement: Gen Z is changing the expectations for #PatientEngagement and the payment process. Find out what that means for your #MedicalPractice here: https://bit.ly/3xV7JZK

The biggest mistake you’ve made in 2024… We get referrals from a number of practice management consultants and CPAs. They ALL say that, without the right expertise, trying to collect insurance and patient payments is a losing battle. One consultant takes it a step further: “If you want your money, you outsource.” Don’t go into 2025 without considering your options. Contact us at www.NobilityRCM.com for a no-obligation billing assessment. #nobility #rcm #medicalbilling #lesson #money

Understanding motivations and incentives is crucial in evaluating the evolution of out-of-network reimbursement. Insurers paid in advance have a vested interest in delaying or underpaying claims to generate returns. Providers, on the other hand, are often paid months after services are provided, leading to cash flow issues. The NSA’s implementation’s seemingly “interminable” IDR process challenges providers. Clinicians are not the ones driving process delays, as some narratives suggest. The financial motivations of both sides make it clear that delays are not in providers' interests. Understanding these dynamics is key to improving the reimbursement process and ensuring providers receive timely payments. Learn more from Patrick Velliky and watch the full episode by visiting https://lnkd.in/eCs_2Mn9 #RevenueCycle #IDR #NoSurprisesAct

🚀 Simplify your claims processing with Phicure Clearinghouse services! From claim submission to advanced reporting, bank posting, and connections with 8,000+ payers, it’s all here.🎥 Watch the ON DEMAND webinar here: https://loom.ly/YHc1JKg #ClaimsProcessing #HealthcareInnovation

To evaluate the evolution of out-of-network reimbursement, it's crucial to understand motivations and incentives. Insurers who get paid in advance have a vested interest in delaying or underpaying claims to generate returns. Providers, on the other hand, are often paid months after services are provided, leading to cash flow issues. Understanding these dynamics will help to improve the reimbursement process and ensure providers receive timely payments. Watch the full episode of The Strain by visiting https://lnkd.in/eCs_2Mn9 #RevenueCycle #IDR #NoSurprisesAct

How can insurance firms make claims payouts more convenient? 💳 Enter virtual cards With virtual cards, claims payouts and medical expenses reimbursements are: ✅ Instant ✅ Secure ✅ Convenient Forget slow payments and paper receipts - Discover how virtual cards can benefit insurance firms and policyholders alike 🔗 https://lnkd.in/enx7zGNT #insurance #payouts #virtualcards #insurtech #fintech #payments #financialservices

📢 Exciting news for healthcare providers! Banking and billing, seamlessly integrated with Priva. 💼💡 Say goodbye to financial headaches and hello to streamlined solutions. Experience the future of healthcare banking with Priva today! 🚀 #HealthcareBanking #Priva #SmartBanking #HealthcareProviders

The average healthcare provider collects about 50% of patient responsibility, writing off the remaining balance to bad debt. With patients now representing a third of total billing revenue, it's more important than ever to identify patient payment issues impacting cashflow. For more than 19 years, One Mnet Health has helped hundreds of business offices collect more, sooner, all while delivering a better financial experience for patients. Here is a great introduction...