When insurance reimbursement rates don’t match the value you provide, even the busiest practice can feel like it’s barely staying afloat. This is a case of how one behavioral health provider transformed her struggling solo practice into a financially sustainable business through strategic payer contract renegotiation. Let Medwave Handle Your Behavioral Health Contracting At Medwave, […]
Behavioral Health Contracting, Behavioral Health Credentialing, Behavioral Health Payer Contracting, Behavioral Health Payor Contracting, Behavioral Health Reimbursement, Behavioral Health Reimbursement Rates
Healthcare providers face mounting pressure to optimize their revenue cycle management while maintaining quality patient care. In this complex environment, tracking the right key performance indicators (KPIs) becomes essential for financial sustainability and operational efficiency. Understanding and monitoring billing KPIs allows healthcare organizations to identify bottlenecks, reduce claim denials, accelerate payments, and ultimately improve their […]
Billing, Billing KPIs, KPIs, Medical Billing, Medical Billing KPIs, RCM, RCM KPIs, RCM Optimization, Revenue Cycle, Revenue Cycle Management (RCM), Revenue Cycle Management KPIs, Revenue Cycle Optimization, Revenue Cycle Process
When healthcare providers set up their practices, one of the first decisions they make is choosing their business entity type. While this might seem like a routine administrative task, that choice carries far more weight than most realize. Your tax status fundamentally shapes every contract you’ll negotiate with insurance companies, how you bill for services, […]
Billing and Contracting, Contract Negotiations, Contracting, Corporation, Partnership, Payer Contract, Payer Contracting, Payer Contracts, Sole Proprietor, Tax Status, Tax Status Shapes Credentialing, Value Based Care, Value-Based Models
The National Committee for Quality Assurance (NCQA) has introduced significant changes to its credentialing and recredentialing standards for 2025, fundamentally transforming how healthcare organizations monitor and maintain provider credentials. These new requirements represent a shift from periodic assessments to continuous monitoring, demanding robust systems and processes that ensure ongoing compliance and patient safety. New Monthly […]
Credentialing, Credentialing Monitoring, Credentialing Standards, Medical Credentialing, Medical Credentialing Standards, NCQA, NCQA 2025, NCQA Credentialing Standards, NCQA Rules, NCQA Standards, Recredentialing
Payer contracting represents a fundamental mechanism through which healthcare providers and insurance organizations establish mutually beneficial relationships that ultimately serve patients, providers, and the broader healthcare system. These contractual arrangements create structured frameworks for delivering care while managing costs, improving quality, and ensuring access to essential medical services. The positive outcomes stemming from effective payer […]
Payer Contract, Payer Contract Negotiation, Payer Contract Re-Negotiation, Payer Contracting, Payer Contracts, Payer Enrollment, Payer Negotiation, Payer Regulations, Payor Contract, Payor Contracting
The healthcare industry stands at a remarkable crossroads. On one side, we have patients who deserve better experiences, faster answers, and more personalized care. On the other, we have healthcare providers struggling with burnout, administrative overload, and the constant pressure to do more with less. Enter artificial intelligence, a game-changing force that’s reshaping how we […]
AI, AI Bot, AI Credentialing, AI Denial Management, AI Diagnostic Models, AI in Healthcare, AI into RCM, AI Medical Coding, AI Medical Credentialing, AI RCM, AI-driven RCM, AI-Powered Healthcare, Articles, Artificial Intelligence
The world of concierge medicine has transformed dramatically with the integration of telehealth. As more physicians adopt this hybrid model, the question of proper billing and coding becomes increasingly important. Concierge telehealth practices operate in a unique space where direct-pay services meet insurance billing requirements, creating a landscape that requires careful attention to Current Procedural […]
Concierge Doctors, Concierge Healthcare, Concierge Medicine, Concierge Providers, Concierge Telehealth, Concierge Telehealth Doctors, Concierge Telehealth Medicine, Concierge Telehealth Practices, Concierge Telehealth Providers
For healthcare providers looking to expand their patient base and establish a stable revenue stream, becoming an in-network Medicare provider represents a significant opportunity. With over 66 million Americans enrolled in Medicare, this federal health insurance program serves as a cornerstone of healthcare coverage in the United States. However, the process of joining Medicare’s network […]
Eligibility, Eligibility Verification, Enrollment, In-Network, In-Network Credentialing, In-Network with Medicare, Medicare, Medicare 101, Medicare Advantage, Medicare Coverage, Medicare In-Network
Behavioral health care is experiencing unprecedented transformation. Mental health awareness is reaching new heights and demand for services continues to surge. Hence, the systems that govern how we credential behavioral health professionals are being pushed to their limits. Traditional credentialing processes, designed for a different era of healthcare delivery, are struggling to keep pace with […]
Behavioral Health, Behavioral Health Contracting, Behavioral Health Credentialing, Credentialing, Credentialing AI, Credentialing Automation, Credentialing Management, Psychology Interjurisdictional Compact, PSYPACT
In healthcare, trust isn’t just important. It’s everything. When patients walk into a hospital, clinic, or medical office, they’re placing their lives in the hands of healthcare professionals they’ve likely never met before. This trust isn’t built on blind faith; it’s constructed through a rigorous, systematic process known as credentialing. Think of it as healthcare’s […]
Background Checks, Credentialing, Credentialing Standards, Credentialing Verification, Healthcare Trust, Medical Credentialing, Peer Reference, Peer Reviews, Primary Source Verification, Professional References, Trust
Healthcare revenue cycle management has reached a critical juncture. Medical practices and healthcare organizations lose billions of dollars annually due to claim denials, with industry estimates suggesting that between 5% and 10% of all claims submitted are initially denied. Even more concerning is that a significant portion of these denials could have been prevented entirely […]
AI, AI Denial Management, AI in Healthcare, AI into RCM, AI-driven RCM, Denial Management, Denial Prevention Strategy, Denial Trends, Denial vs Rejection, Denials, Denied Claims, Predictive Analytics
If you’re a healthcare provider trying to get paid by insurance companies, you’ve likely encountered the terms “credentialing” and “contracting” more times than you can count. While these processes are often mentioned together, they serve distinctly different purposes in establishing your ability to treat patients and receive reimbursement from payers. Many providers assume these terms […]
Contracting, Credentialing, credentialing challenges, Credentialing Company, Credentialing Costs, Credentialing Management, Credentialing Optimization, Credentialing Services, Payer Contracting, Recredentialing
Healthcare providers face an increasingly difficult audit terrain from various payers, including Medicare, Medicaid, and commercial insurance companies. These audits can feel overwhelming, but with proper preparation and understanding of the process, medical practices can navigate them successfully while maintaining compliance and protecting their revenue streams. The audit process has shifted significantly over the past […]
Audit Management, Audit Outcomes, Audit Prep, Audit Preperation, Audit Response, Audit Response Process, Data Analytics, Healthcare Audit Defense, Healthcare Payer Audit, Healthcare Payor Audit, Payer Audit, Payor Audit
Getting paid for the healthcare services you provide should be straightforward. You deliver quality care, submit your claims, and receive payment. Yet for many healthcare providers, the reality looks quite different. Claims get denied, payments are delayed, and the administrative burden grows heavier each month. If you’re tired of seeing rejection letters pile up on […]
Claim Denials, Coding, Coding and Billing, Coding Errors, Common Coding Errors, Denial Management, Denied Claims, Denied Medical Claims, Medical Billing, RCM, Revenue Cycle, Revenue Cycle Management
If you’re a healthcare provider looking to accept insurance payments, you’ll need to go through the credentialing process. This essential step determines whether insurance companies will recognize you as an in-network provider and reimburse you for the services you provide to their members. While the process involves multiple stages and considerable paperwork, knowing what to […]
CAQH, CAQH ProView, Credentialing, credentialing challenges, Credentialing Delays, Credentialing Denials, Denied Credentialing, Insurance Credentialing, Medical Credentialing, Medical Credentialing Apps, Recredentialing
Healthcare providers often view credentialing and contracting as separate administrative hurdles they must clear to start practicing. While these processes might seem distinct on the surface, they’re actually two sides of the same coin, both essential components of establishing a viable healthcare practice. Knowing why both are necessary, and how they work together, can save […]
Contract Management, Contract Negotiation, Contracting, Credentialing, Credentialing and Contracting, Medical Credentialing, Payer Contract, Payer Contracting, Payor Contract, Payor Contracting
Preventive medicine billing represents a fundamental component of modern healthcare delivery, focusing on disease prevention, health maintenance, and early detection of medical conditions. Healthcare providers specializing in preventive care must navigate a complex landscape of Current Procedural Terminology (CPT) codes designed specifically for preventive services, screenings, counseling, and immunizations. The Centers for Medicare & Medicaid […]
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Embarking on the Elevance Health credentialing journey? You’ve arrived at the perfect starting point. As one of America’s largest health benefits companies, Elevance Health has transformed the healthcare terrain since its rebranding from Anthem in 2022. This healthcare giant serves over 47 million members across 25 states and Washington D.C., operating through an extensive network […]
Credentialing, Credentialing Applications, Credentialing Apps, Elevance, Elevance Health, Elevance Health Contracting, Elevance Health Credentialing, Elevance Health Insurance, Medical Credentialing, Provider Credentialing
Medical credentialing remains one of healthcare’s most challenging administrative challenges. The right software can transform this burden into a streamlined process, but selecting the wrong platform leaves organizations drowning in inefficiency. Knowing your specific credentialing tasks forms the foundation for making an informed software choice. Know Your Credentialing Workload Before diving into software features, organizations […]
ASC Credentialing, Availity, CACTUS, Credentialing, Credentialing Apps, CredyApp, IntelliCentrics, MD Staff, Medical Credentialing Apps, Modio, Modio Health, PreCheck, Primary Source Verification, ProCredEx, ProviderTrust, SimplyCred, symplr Provider
Professional and peer references are critical components of the medical credentialing process. They provide direct insight into a provider’s clinical competence, ethical standards, and ability to work within a healthcare team. Below, we take a gander at who qualifies as a reference and what information is necessary to ensure a thorough and compliant credentialing review. […]
Credentialing, Credentialing Approval, Credentialing Criteria, Credentialing Ecosystem, Credentialing Reference Forms, Licensure, Licensure Verification, Peer References, Pro References, Professional References
Healthcare is shifting dramatically. Hospitals are merging with health systems, private practices are joining larger networks, and independent physicians are finding themselves part of massive organizational structures they never imagined joining just a decade ago. This wave of consolidation brings many changes, but one area that often gets overlooked is how these mergers and acquisitions […]
Credentialing, credentialing challenges, Credentialing Cycle Time, Credentialing Delays, Credentialing Denials, Credentialing Pitfalls, Credentialing Problems, Credentialing Timelines, Healthcare Consolidation
Healthcare can be overwhelming, especially when it comes to understanding the various documents and statements that arrive in your mailbox or inbox after a medical visit. One of the most important yet frequently misunderstood documents is the Explanation of Benefits, commonly known as an EOB. This detailed statement serves as a crucial communication tool between […]
Common EOB Scenarios, Digital EOBs, EOB, EOB Components, EOB Guide, EOBs, EOBs for Healthcare Financial Management, Explanation of Benefits, Explanation of Benefits Guide, Interpreting Your EOBPhysicians serve as the cornerstone of patient care delivery across the United States. As primary caregivers, physicians significantly influence healthcare spending patterns through their procedural choices and equipment preferences. Knowing which procedures are most commonly performed provides valuable insights into healthcare trends, resource allocation, and the overall health needs of the American population. Recent data […]
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Few companies have reshaped consumer expectations quite like Amazon. What began as a modest online bookstore has transformed into a global powerhouse that touches virtually every aspect of American life. Now, this tech giant is setting its sights on one of the most traditional and regulated industries: healthcare. The implications of Amazon’s healthcare expansion are […]
Amazon, Amazon Care, Amazon Healthcare, Amazon One Medical, Healthcare Disruption, Healthcare Revolution, Healthcare Transformation, One Medical, Patient-Centered Care, PillPack, Virtual Care Normalization
Medical billing has become the backbone of healthcare revenue, yet it remains one of the most challenging aspects of running a medical practice. Between changing regulations, insurance requirements, and the constant pressure to reduce claim denials, billing departments are stretched thin while managing increasingly demanding workloads. The statistics paint a sobering picture: the average medical […]
Automated Billing, Automation, Billing Analytics, Billing Automation, Manual Billing, RCM, Reimbursement, Revenue Cycle, Revenue Cycle Management, Robotic Process Automation, RPA, RPA Adoption