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Holistic Billing Services Blog

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 […]

How to Manage Your Holistic Practice's Online Reputation

In this day and age, nearly everything lives on the internet and it’s no secret that it’s an essential component of life, both personal and professional. The internet is an endless source of information and can positively or negatively impact your holistic practice, depending on your practice’s online reputation. As potential clients turn to the […]

Does Your Practice Have a Strategic Plan? (Why You Need It + How to Write One)

Running a successful medical practice involves a long list of components. In addition to actual patient care, there’s administrative work, insurance claims processing, and billing. Add to that patient support, marketing, and follow up consultations. It’s a full plate — enough to make it tempting to do what needs to get done right now, while […]

Gain Insight Into the Performance of Your Practice With These Healthcare Benchmarking Tips

There are so many things that are part of the day-to-day of any medical practice. Scheduling, appointment reminders, credentialing providers, patient intake, managing electronic health records, billing, claims processing, appealing rejected claims, ordering PPE and other supplies, disposing of hazardous waste, patient follow up. It can often feel like a hamster wheel, with everyone balancing […]

Marketing Metrics 101: What to Track to Attract Clients at Your Holistic Practice

Take a minute to reflect on your holistic practice’s current marketing strategy; where are your efforts being directed? How frequently do you check in on the performance of your marketing efforts? How can you tell if they’re effective or if they need refining? Marketing is an essential element of nearly every business or organization, of […]

How to Instill Patient Loyalty at Your Holistic Practice

Your holistic practice exists to deliver quality care to your community; no matter what specialty you offer, it’s crucial that your patients recognize, value, and return to your practice. After all, you won’t last long if you don’t attract patients! But how can you go beyond simply making your patients aware of your practice and […]

The Link Between Patient Education & Your Healthcare Revenue Cycle: 3 Tips For Your Practice

Your patients and your healthcare revenue cycle are more connected than you might think. Attracting new patients and providing great holistic care are two essential components of your revenue, but what else can you do to ensure your revenue cycle continues moving smoothly? How can you deepen the relationship between your holistic practice and your […]

How Rejected Claims Impact Your Practice (+ How to Minimize Them)

The healthcare revenue cycle is fraught with various moving parts and pieces that can throw a wrench in your financial performance; one such example is that of rejected claims, which can delay your payment for services rendered, cause extra stress, and result in lower financial performance for your holistic practice. The ideal metric for tracking […]

Your Guide to The No Surprises Act: New Healthcare Billing Legislation

Healthcare legislation can be tricky to navigate, especially when you’ve got a million other things on your plate. However, it’s still essential to keep up with because it can impact your holistic practice, healthcare revenue cycle, and patients. One recent example is the No Surprises Act, which affects you, your patients, and your revenue cycle. […]

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 […]

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