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Tag: Revenue Cycle Management

3 Tips for Networking with Medical Practices

The goal of your holistic practice, no matter the specialty you offer, is to deliver quality care and effective treatment to the patients in your community. Complementary treatments like massage therapy or acupuncture are proven methods for managing ailments such as chronic pain and are valid avenues to reduce widespread opioid usage. One method for […]

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 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 […]

HMO vs PPO (+ How It Impacts Acupuncture Billing)

Many acupuncture providers have trouble deciding whether or not to join insurance networks, and what’s right for one practice may not be right for another. There are both positive and negative aspects of joining an acupuncture insurance billing network, depending on your geographic location and your practice’s needs, but understanding the pros and cons requires […]

How to Start Providing VA Massage Therapy (+ Tips for Billing the VA)

A recent consumer study found that 88% of respondents reported massage therapy was beneficial to their overall health and wellness. Want to offer VA massage therapy services to the veterans in your community, but aren’t sure how to manage billing the VA? We’re here to help you understand this process better so you can deliver […]

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 […]

7 Benefits of Using a Holistic Electronic Health Record System

Did you know that 86% of medical providers utilize an EMR/EHR system? Utilizing an electronic health record system can greatly benefit your holistic practice, too! From protecting patient information to reducing the time it takes to perform daily tasks, an EHR system can streamline your overall practice management and empower you to spend more time […]

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 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 […]

Why Effective Practice Management Is Essential for Holistic Practices

Holistic Billing knows your holistic practice provides essential services for your clients and the community you serve. From acupuncture to massage therapy, one essential component of your work is to manage your holistic practice efficiently to best serve your clients. But, how can you successfully manage and run your practice? With the proper practice management […]

Top Benefits of Acupuncture Insurance Billing

Have you thought about utilizing acupuncture insurance billing services? If you haven‘t or think it is too much work, you should reconsider! Here are three benefits of accepting insurance for your acupuncture practice.

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