Category: Revenue Cycle Management

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 […]

What is a SOAP Note? (+ Why it is Important for Insurance Billing)

Healthcare documentation is a critical component for your holistic practice, both in terms of delivering great care to your patients and for insurance billing purposes—not to mention the importance of having some form of documentation in the event of a legal situation, in this blog you will discover What is a SOAP Note. Treatment notes […]

The Ultimate HIPAA Cheat Sheet to Help You Manage Compliance for Your Holistic Practice

One vital component for your holistic practice’s success is maintaining HIPAA compliance because it protects patient information, secures your operations, and prevents the chance of a breach that can greatly impact your practice’s reputation. We’ve compiled this comprehensive HIPAA cheat sheet to help you further understand this important legislation and how it pertains to your […]

5 Therapy Massage Advertising Ideas & Examples to Aid Business Growth

  Referrals are a fantastic method for gaining new patients at your massage therapy practice, but you can’t rely solely on them as a sustainable marketing strategy. Part of your future growth and success depends upon having a comprehensive massage advertising approach that can target a few different audiences across a variety of platforms. Keep […]

Top Healthcare KPIs to Track to Improve Your Holistic Practice Management

When evaluating the success of your holistic practice, where do you start? It’s too short-sighted to worry only about keeping the lights on, but planning for the future on a broad, subjective scale can feel intimidating or overwhelming. That’s where tracking top healthcare KPIs can benefit your holistic practice. Healthcare KPI tracking can provide a […]

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