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Defining Value Proposition in Healthcare PayrHealth

There is no question whether businesses in healthcare should establish mission statements to guide their decisions and growth over time. In the most basic sense, the value proposition in healthcare can be derived from, or informed by, the mission or vision of a given … See more

Actived: 9 days ago

URL: https://payrhealth.com/resources/blog/defining-value-proposition-in-healthcare/

Medical Billing Company

WEBRevenue Cycle Management. Our RCM team comes with over 40 years of combined experience in capturing the revenue you deserve, whether due to mis-filed, wrongly …

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Different Types of Healthcare Provider Contracts

WEBFee-For-Service Healthcare Contracts. In fee-for-service agreements, healthcare providers are paid via invoices for services provided. In this system, each service’s cost is charged …

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Key Considerations for Provider Contracts in Healthcare

WEBHere are some of the most common terms in provider contracts, broken down in a way that’s easy to comprehend: Allowed amount – The allowed amount is the maximum …

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Negotiating Insurance Contracts: Tips for Providers

WEBWhat are insurance contracts? These are contracts between a managed care organization (MCO) and a health care provider. While healthcare contract management along with …

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What is Personalized Healthcare

WEBPersonalized healthcare represents a substantial advancement in patient care approaches and efficiency across all medicinal fields. Targeted treatments set up patients for …

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Provider Credentialing Physician Credentialing PayrHealth

WEBProvider credentialing is an important but arduous process that benefits from an experienced professional who understands the lay of the land. It’s a system of proving to …

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The Importance of a Value Proposition in Healthcare

WEBThe first measurement in a value proposition in healthcare is quality and effectiveness. This is the most important because meeting quality standards will result in savings for …

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A Guide to payor Contracting for Providers PayrHealth

WEBStep-By-Step Guide To Tracking Your Payor Contracts. Despite the difficulties associated with healthcare payer contracting, it is possible to implement an applicable system for …

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What is Revenue Cycle Management

WEBRevenue cycle management boils down to two things: tracking and administering the financial transactions of a healthcare provider’s services.1 This includes oversight of …

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Expand Your Practice With Ancillary Care Services PayrHealth

WEBOne of the more lucrative avenues a practice can implement, physical therapy has low setup costs (starting around $25,000) and high reimbursement (at around $2,000-3,000 …

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List of Ancillary Services in Healthcare PayrHealth

WEBAncillary Services in Healthcare: Finding the Right Level For Your Practice

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10 Strategies for Effective Revenue Cycle Management

WEBEffective claim denial management includes: Understanding typical reasons for claim denials. Implementing workflows to minimize claim denials. Regularly reviewing …

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Meet Our Team of Healthcare Revenue Experts PayrHealth

WEBSenior Vice President of Revenue Cycle Management. Melissa Peterson has been in the healthcare industry since 2005. She started her career as a clinic manager in a fast …

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Complete Payor Management Services for Healthcare

WEBBenefits of Complete Payor Management. Simply put, Complete Payor management with PayrHealth helps increase revenue by decreasing leakage and negotiating for the most …

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How Managed Care Contracts Impact Reimbursement PayrHealth

WEBUnder a managed-care contract, reimbursement is tied to health outcomes and the quality of care provided. Known as a value-based care, managed-care systems are using value …

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Understanding the Provider Contracting Process PayrHealth

WEBSpecific processes can vary from payor to payor, but the general steps to the contract process involve: The initial request. Agreement review and credentialing. Corrections …

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What Are Ancillary Services

WEBThese services revolve around testing and imaging tools to procure necessary information, making them short-term (rather than long-term) service options. Diagnostic ancillary …

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How to Improve Your Accounts Receivable (AR) in Healthcare

WEBImproving your accounts receivable in healthcare requires active management of your revenue cycle and addressing any process inefficiencies. Dedicating efforts towards …

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