Transform your practice with DrChrono Payments! Utilizing Payments means you can engage patients on their mobile devices with our seamless, integrated billing process. Plus, you're able to create customized payment plans and streamline your workflow effortlessly. Start today, and let's transform your practice! https://ow.ly/7rJG50SOrSs #SimplifyPayments #HealthcarePayments #DigitalBilling
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Experience the freedom of mobility with DrChrono #EMR, a cloud-based system fully customizable for your practice's needs. With it, you can access patient records, e-prescribe, and chart with ease from your iPhone, iPad, or desktop. Save time with smart shortcuts and innovative tools, allowing you to focus more on patient care. Learn more: https://ow.ly/p8S150SUb7y #PatientCare #HealthcareInnovation
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We are excited to invite you to our Learning Series: Enhancing Patient Outcomes with OutcomeMD & DrChrono by EverHealth on Tuesday, August 20th, at 9:00 AM PST / 12:00 PM EST! The first session will feature the renowned Dr. Justin Saliman! This is an exclusive opportunity to hear directly from an expert in the field and discover how innovative tools can transform your practice. During this Learning Series session, Dr. Saliman will share insights on: - Leveraging technology to improve patient outcomes - The importance of integrations within your EHR - Utilizing OutcomeMD and DrChrono by EverHealth to track and enhance patient outcomes We don’t want you to miss the chance to gain valuable knowledge and actionable insights to elevate your practice. Register today: https://ow.ly/kqzC50SUccK P.S. Can’t make the live session? Register anyway, and we’ll send you the recording! #OutcomeMD #EHRIntegrations #EverHealth
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Exciting News for DrChrono Clients! Through our exclusive partnership with OutcomeMD, we're thrilled to offer you a powerful tool that seamlessly integrates with DrChrono to enhance patient care. For a limited time, the first 100 customers that sign up by October 14th can enjoy a 50% discount on OutcomeMD's innovative platform. Don't miss out on this special offer to transform your practice! Schedule your meeting now and secure your rate: https://ow.ly/GYWv50SSjN2 #HealthcareInnovation #OutcomeMD #PrivatePractice
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In the healthcare industry, key performance indicators (KPIs) are vital for measuring the success of revenue cycle management. They provide a quantifiable measure of performance, enabling organizations to pinpoint inefficiencies and make data-driven decisions. And are ultimately indispensable tools for achieving operational excellence and ensuring financial stability in an increasingly complex healthcare landscape. The Best KPIs for Optimizing Your Healthcare Revenue Cycle Here's a breakdown of the essential revenue cycle management metrics you should be keeping an eye on: 1. Days in Accounts Receivable (A/R) This KPI tracks the average number of days it takes to collect patient service revenue. A lower A/R means faster payment collections, reflecting a more efficient billing and collection process. 2. Collection Rate This metric shows the percentage of billed charges that are successfully collected. A higher collection rate indicates effective revenue recovery and an organization’s prowess in converting billed services into actual revenue. 3. Clean Claim Rate This KPI measures the percentage of claims submitted without errors or missing information. High clean claim rates signify streamlined billing processes, leading to more claims being paid and fewer being rejected. 4. Net Collection Rate Net collection rate assesses the effectiveness of payments after adjustments and contractual allowances. It gives a clearer picture of the revenue cycle by calculating the percentage of total charges collected post-deductions like contractual adjustments and write-offs. 5. Denial Rate The denial rate reveals the percentage of claims denied by insurers. Keeping a close watch on this metric helps identify issues in claim submissions, coding accuracy, or insurance reimbursement processes, enabling timely corrective actions to reduce denials. 6. Average Reimbursement Time This metric tracks how long it takes to receive patient service revenue refunds. Monitoring this helps evaluate the efficiency of payment processing and overall reimbursement, reducing delays and improving cash flow. By diligently tracking these KPIs, healthcare financial professionals can gain deep insights into their revenue cycle performance, spot areas needing improvement, and make informed decisions to drive financial success.
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Optimize your #telemedicine practice with our mobile EHR! Conduct video visits effortlessly—no additional integrations or software needed. Patients can schedule their own visits, and automated emails keep them informed. Get started today to enjoy seamless billing, efficient #TaskManagement, and robust revenue cycle support, all accessible from any device. https://ow.ly/TbAG50SKuqa #MobileEHR #HealthcareInnovation
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Acupuncturists need an all-in-one #EHRplatform to streamline clinic operations and ensure success. And whether you're starting or growing your clinic, our blog will help you choose the perfect EHR. Discover how customizable templates, speech-to-text dictation, and a mobile-friendly system can elevate your practice today: https://ow.ly/ILUk50SHngA #EHRSystem #Healthcare
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An effective #RevenueCycle management compliance program includes clear policies and procedures, robust training programs, and regular audits. Implementing these ensures adherence to regulations, minimizes errors, and optimizes revenue. Strong communication and accountability across your team are also crucial. Prioritize these components to safeguard your practice’s financial health and read on in our blog to learn more: https://ow.ly/SPPw50SHn7y #HealthcarePractice #FinancialHealth
Key Components of an Effective Revenue Cycle Management Compliance Program
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Exciting news! Zocdoc and DrChrono by EverHealth have teamed up to enhance your patient-provider experience. The partnership between Zocdoc and DrChrono by EverHealth exemplifies the shared commitment to a seamless patient-provider experience. With our integration, providers can sync their real-time availability using DrChrono’s calendar, keeping everyone in the loop. Plus, patient info flows seamlessly from Zocdoc to their EHR, cutting down on admin work. Learn more about this transformative integration here: https://ow.ly/oe2G50SJ9V7 #HealthcareInnovation #PatientExperience #SeamlessIntegration
How Zocdoc and DrChrono by EverHealth are Transforming Patient and Provider Experiences - Practice Resources
https://www.zocdoc.com/resources
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Transform your practice with DrChrono's Revenue Cycle Management (RCM)! Our dedicated team handles the complete lifecycle of your medical claims, boosting clean claim rates and cash flow while you focus on patient care. Enjoy transparency and insight into your claims with our intuitive dashboard and continuous financial communication, and experience high-quality billing services at a fraction of the cost. https://ow.ly/hnip50SHmWV #RevenueCycleManagement #Healthcare #MedicalClaims
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