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Tag: Medical Billing

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 […]

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. […]

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 […]

How to Avoid Claim Denials as a Holistic Practice

Your holistic practice’s health insurance denial rates are some of the most significant indicators of your medical billing success. Unfortunately, they’re also one of the most difficult elements of your billing operation to improve. If you’re not paying close attention to your insurance claim denials rate, you’re jeopardizing the financial stability of your practice. By […]

4 Best Practices to Help Lower Days in Accounts Receivable

Unfortunately, many holistic practices simply let their accounts receivable (A/R) metric to be a black box of misunderstanding, when in reality, it’s one of the most important numbers to know when gaining an overview of your practice’s financial standing.  This figure indicates the financial health of your practice, which is essential to know when making […]

Medical Billing KPIs for Holistic Practices

Running a successful holistic practice involves managing people, administrative responsibilities, and more. But how can you be sure your practice is on the right track to long-lasting success? Utilizing medical billing KPIs to understand your practice’s current performance and set goals for the future can help you realize the status of your holistic practice. What […]

How to Create A No-Show Fee Policy For Your Practice

Did you know the healthcare industry loses more than $150 billion a year to no-shows alone? While there are a variety of reasons patients might miss their appointments, like simple forgetfulness or something unexpected taking precedence, it’s in your holistic practice’s best interest to implement a no-show policy. Without one in place, you’re leaving money […]

The Top Benefits of Outsourcing Medical Billing Services

Holistic Billing Services knows it takes a lot to run a streamlined and effective practice. Serving your patients and treating them with the best holistic approaches should always be your top priority, but sometimes massive piles of paperwork, billing errors, and insurance delays can weigh you down and poorly affect your practice. There’s got to […]

Clean Claims Rate: Why Does It Matter To Your Holistic Practice?

If your holistic practice’s billing staff isn’t diligent with billing practices, mistakes such as upcoding, downcoding, and inaccurate information can go undetected until it’s too late. This can lead to a high number of rejected claims and ultimately impact your practice’s clean claims rate. Ensuring accurate billing and coding can protect your holistic practice from […]

How Inaccurate Coding Can Affect Your Practice & How to Fix It

HBS recognizes the critical role billing plays in running a profitable holistic practice. We also acknowledge the profound impact billing errors, rejected claims, and clunky processing can have on your revenue cycle. To help you avoid common billing errors, here are some best practices for the most accurate medical billing process possible. How Inaccurate Coding […]

Medical Billing Best Practices for Holistic Providers

Medical billing and coding are essential to the modern healthcare landscape. As more holistic practices are being credentialed by insurance companies, optimizing the medical billing process is essential for success and growth. Unfortunately, many holistic providers may find the medical billing and coding process overwhelming. The good news is that it doesn’t have to be! […]

Western Medicine vs Holistic Medicine in America

More Americans than ever before are turning away from conventional medicine and embracing holistic healthcare. Whether it’s to alleviate chronic pain, reduce stress, or for other benefits, studies are showing that more people are trading in their conventional doctors for holistic practitioners, or complimenting their conventional care with holistic therapies.   In a survey of more than […]

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