Many of us small firm architects are working hourly, and often times we find ourselves negotiating with ourselves or with our clients when it's time to invoice. Is hourly billing working for your small firm? If estimating and controlling scope creep isn't working anymore, what can you do?
When was the last time you examined your net collection rate as part of a ‘financial health and wellness’ checkup? Monitoring this rate has always been important; however, it is absolutely critical in
Are you wondering what fees or hourly rates to expect when working with an accounting or financial consulting firm? Our blog details what you can expect.
The last thing you need after a medical procedure or hospital stay is a pile of confusing bills, especially if the bills contain unexpected charges or incorrect fees. These are common and sometimes complicated problems that can take years to resolve.A Cons
This guide explains how to budget for hourly workers when running payroll and why it benefits small businesses to do so.
Are you going from a salaried worker to an hourly employee? Know where your money is going. Learn how to calculate deductions from your hourly paycheck.
The benefits for both you and your client include less stress, more transparency, and healthy boundaries.
According to a well-established psychological theory known as “construal theory,” the answer is yes.
Medical billing is an integral and important part of today’s healthcare industry. A person working in Medical billing is responsible for the submitting and keeping a track of the claims that lie with a health insurance company to receive the payment in return for services that a healthcare provider extends.
Miscoding and fraudulent billing can destroy a medical practice. Use these tips to get robust oversight of your medical billing and coding in place.
To improve medical billing collections and streamline the revenue cycle, some business tips that will help streamline your practice’s cash flow.
Over/under billing reports analyze the amount billed compared to the work complete on a job in order to help contractors monitor job progress, accurately recognize revenue & secure project bonding.
I have a practitioner, MD, that follows up with patients via phone and by email when there are side effects of medication, client is exhibiting new be
<br>Q. I keep hearing that I should stop getting paper statements and opt for electronic ones. Why should I sign up for online bills and statements?<br>A. Most billers and financial institutions prefer to send out electronic documents because they’re much less expensive to create and d
At Bluegrass, we work with all kinds of firms, from small companies that send out 400 bills a month to large, municipal utilities with more than 100,000 customers. We work with a lot of healthcare companies and utilities, but also with manufacturers that need to bill the companies that buy their products. We also assist …
A little attention to small billing mistakes can save your practice big money
As the benefits of bringing more digital power to medical billing become clearer, there are other issues and concerns rising that underscore just what a massive — and vital — task it will be to move one of the most important sectors of the payments world away from analog. The general pitch to make medical […]
Looking to get into the field of medical billing and coding? Then here are some medical billing and coding terms you should know.
We’ve outlined eight key benefits why your practice should consider outsourcing medical billing to a team of highly specialized medical billing experts.
Creating over/under billing reports is not simple, but they are essential for understanding job status and profitability. Contractor accounting software makes them much easier.
Payment policies remain one of the biggest challenges yet to be ironed out when it comes to telehealth. As things stand today, doctors have little financial incentive to adopt telemedicine, as it's hard for them to be reimbursed for services rendered virtually. Two senators are looking to change that.