Holistic Billing Services Blog

Revenue Cycle Management: Medical Billing Vs. Accounting

Your holistic practice’s longevity and financial success depends on how efficiently and effectively you can manage your revenue cycle. Without ensuring this key component of your strategy is running smoothly, you’ll be struggling to keep your practice in the green. A comprehensive revenue cycle management strategy can really transform your holistic practice and help chart […]

Integrative Medicine vs Functional Medicine: Which Approach Best Suits Your Health Needs?

One of language’s inherent qualities is the capacity to have more than one way of saying the same thing—or, at least, what might be perceived as the same thing. There seems to be another way of phrasing something in countless cases, which can be helpful for connecting the dots between ideas, or it can result […]

Why Your Holistic Practice Needs a Mission Statement (+ How to Write One)

Have you ever wondered if your holistic practice needs a mission statement? Do you feel intimidated about writing one or are worried it’ll sound too generic? Fear not, we’ve got you covered. Mission statements are a foundational element of your holistic practice’s business operations and help communicate an important message to your clients, both present […]

Payer Reimbursements & Your Holistic Practice

As you know, there are countless healthcare KPIs (key performance indicators) to review, to monitor over time, and to create goals for improving. We know that the process of pulling reports on so many different KPIs can be overwhelming and confusing, which ultimately makes the process ineffective. That’s why we love to write various articles […]

Patient Financial Agreements & Your Holistic Practice (+ Template)

Your holistic practice exists to deliver quality care to your patients—and somebody has to pay for that quality care. Your patients might not exactly know their role or responsibility in paying for the services rendered—for example, there could be assumptions about insurance coverage that doesn’t apply to your holistic practice—which can lead to friction later […]

Gross Collection Ratio vs Net Collection Ratio: Understanding These Financial KPIs

Your holistic practice’s success and longevity within your community are predicated upon a streamlined healthcare revenue cycle—part of that comes from understanding a couple of key financial metrics that you can use to evaluate your practice’s current performance! Being able to calculate and track the financial key performance indicators, known as KPIs, of your holistic […]

Electronic Health Records Systems: Why Your Holistic Practice Needs One

Electronic health records systems are a huge resource to utilize in your holistic practice, no matter the size of your business. While it might seem easier and more cost-effective to just maintain whatever paper file folder system you’re already using, making the switch to an EHR system is an overall more efficient strategy for streamlining […]

Medicare Billing: 3 Tips For Your Holistic Practice

If you’re on the fence about opening up your practice to patients covered by Medicare, but you’re dubious of the extra workload dealing with billing Medicare for services rendered, then you’ve come to the right place. Expanding your pool of patients to include those covered by Medicare is limited depending on your specialty—primarily acupuncture or […]

History of Acupuncture & The VA: How Acupuncture Benefits Our Veterans

In the enduring fight to reduce the severity of opioid addiction, traditional and holistic approaches continue to overlap and present alternative methods for treating chronic ailments and improving mental health. One significant treatment that is a proven opioid alternative is acupuncture. Acupuncture has its origins in traditional Chinese medicine and recent studies over the last […]

Chiropractic Medicare Billing Coverage: New Bill Would Help Millions

As the healthcare industry continues to fight the opioid epidemic and encourage the use of drug-free alternatives to managing pain and other chronic conditions, it’s important to also expand coverage to enable such movements to spread. Particularly, expanding chiropractic Medicare billing coverage is a vital effort to improve access to drug-free alternatives for seniors covered […]

What Is a Relative Value Unit? (+ How It Impacts Medicare Billing)

At Holistic Billing Services, we know that trying to make sense of the medical billing cycle can be confusing and intimidating. There are so many acronyms to learn and putting the pieces of the massive puzzle can feel impossible like Relative Value Unit (RVU); we’re here to help break down the process and explain some […]

Osteopath vs Chiropractor: What's the Difference?

  About 1 in 4 medical students in America is studying to earn their doctor of osteopathy degree, which is comparable to a traditional MD degree. The school of medicine educating the next generation of DO’s has a long history of more than 100 years and, in fact, has a few parallels to the school […]

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