How To Find The Right Medical Billing Company In California
Finding the right medical billing company can be challenging, especially when there are nearly 2,000 active companies in the US alone. Coupled with over 130,000 hospital and non-hospital facilities across the US and over 900 health insurance companies, the medical billing and healthcare industry is constantly changing and evolving. If healthcare practices are behind on the latest billing and market trends, they can find themselves struggling to meet patient needs and stay operational.
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Revenue Leakage In Healthcare: Sources & Solutions
In today's healthcare market, with rising medical costs, expanded insurance coverage, and pandemics, medical practices can't afford revenue leakage. Unfortunately, one report states that more than 40% of healthcare organizations lose 10% or more of annual revenues, 19% lose more than 20% to revenue leakage, and 23% don't know how much they're losing.
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Healthcare Patient Retention: Importance, Strategies, & Calculation
Most healthcare providers know that in order to keep a business thriving, they'll need to advertise and promote their services online to reach new customers. But many practices can forget or fail to maintain their existing customers, one of the biggest sources of revenue with the lowest acquisition costs.
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Women Leaders At Hansei Solutions
Hansei Solutions takes great pride in acknowledging and honoring the invaluable contributions of the talented women who've helped shape this company. This blog is dedicated to three women who have been with Hansei since its inception: Gayle Hanson, our Chief People Officer; Jessica Cupp, Chief Operating Officer; and Stephanie Howland, Director of Operations.
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Top 3 Medical Billing Mistakes That Lead To Claim Denials
As a full-service medical billing and revenue cycle management company, we've familiarized ourselves with the most common medical billing mistakes faced by healthcare providers. We've also seen how technology and software advancements have minimized these errors but presented new ones never faced before, especially with increased online patient care through Telehealth, expanded insurance coverage and benefits, and stricter penalties on vague treatment plans.
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