As a Certified Healthcare Business Consultant, valuation analyst, experienced administrator, senior consultant, and national speaker, Jackie’s strategy has been to focus on the individual needs of each practice or facility to create business solutions that improve profitability, efficiency, and quality of care. In her more than 28 years of consulting, Jackie has worked closely with many physician practices and hospitals over a broad spectrum of specialties. Areas of expertise include Practice Formations, Mergers/Acquisitions, Revenue Cycle Management, Practice/Operational Assessments, Billing/Coding, Compliance, Healthcare Delivery Systems, Contract Negotiation, Budgeting/Accounting, and Operations
Simple Strategies to Improve Cash Flow in Your Practice
Donna White is the Principal Consultant and Owner of Legacy Consulting Services and Legacy Billing Solutions in Montgomery, Alabama. Her expertise, refined through almost three decades working in the healthcare field, includes revenue cycle management, healthcare consulting, leadership development, medical billing and coding, dental billing and collections, data analytics, HIPAA training, policy and procedure development, training and management.
Why Regular Compliance Assessments are Non-Negotiable for Healthcare Organization Success
As a Certified Healthcare Business Consultant, valuation analyst, experienced administrator, senior consultant, and national speaker, Jackie’s strategy has been to focus on the individual needs of each practice or facility to create business solutions that improve profitability, efficiency, and quality of care. In her more than 28 years of consulting, Jackie has worked closely with many physician practices and hospitals over a broad spectrum of specialties.
Non-Compete Agreements Banned by the FTC, But Will it Last?
Vasilios (“Bill”) J. Kalogredis has been exclusively practicing Health Law and Health Care consulting for over 45 years, representing physicians, dentists, veterinarians, chiropractors, podiatrists, group practices, other health care professionals and health care-related entities.
Four Mistakes Hurting Your Retirement Planning
Reed Tinsley is a CPA, Certified Valuations Analyst and Certified Healthcare Business Consultant based in Houston, Texas. With over 30 years of experience, Mr. Tinsley specializes exclusively in the healthcare sector, working closely with physicians, medical groups, and other healthcare entities with managed care contracting issues, operational and financial management, strategic planning, and growth strategies.
Transforming the Prior Authorization Landscape: A Tech-Savvy Approach
Navigating tech-driven prior authorization is a daunting challenge in healthcare. It signals a shift towards streamlined processes. This process, notorious for its complexity and resource-intensive nature, not only stalls patient care but also incurs significant costs.
Collecting the Patient’s Responsibility – At the Appointment or After
Medical and dental professionals who own their practice are faced with many questions about the best way to conduct business. One of the more common areas of concern is whether or not collecting patient responsibility, or copays and deductibles, is most appropriate at the scheduled appointment or after.
2024 Healthcare Industry Outlook
Nearly one year removed from the end of the COVID-19 public health emergency, the healthcare industry expects a number of new opportunities in 2024, despite lingering challenges from the pandemic. Healthcare organizations anticipate workforce shortages and legislative challenges; however, the industry also expects that opportunities emanating from technological advancements will allow them to grow and transform.
Importance of Process Rigor in Revenue Cycle Transformation
Revenue cycle management (RCM) is a critical component of any healthcare organization’s financial health. Effective RCM can lead to improved cash flow, reduced denied claims, increased productivity, and enhanced patient experience. However, managing the revenue cycle can be a complex and challenging task. In this article, we will discuss best practices for RCM operations leaders to manage the revenue cycle processes and achieve positive outcomes.
5 Simple Ways To Improve Medical and Dental Practice Cash Flow
If you’re like most practitioners, you entered the medical and dental field to help people and make a difference. While you spent endless hours studying and dreaming about your future practice, cash flow management probably wasn’t in the picture. Unfortunately, cash flow management determines the success of your organization, with over 60% of businesses struggling to make ends meet due to lagging procedures and policies. The good news is that there are ways you can improve your practice’s cash flow.
Superlative Customer Service = Successful Practice
Many physicians believe that staff should inherently know customer service principles. They don’t, unless they have had training from another organization such as hotel or call center employment. Just as a physician must keep up with continuing education, it is imperative to regularly train your staff in customer service techniques as well as making this an essential part of their job description.
Best Practices in Patient Eligibility and Benefits Verification
With rising consumerism, patients have increasing responsibility for payments. The growth of high deductible health plans (HDHPs) is a clear indicator of this trend. It is, therefore, important to clearly understand the patient’s responsibility for payments upfront and determine coverage.