Nearly one-third of physicians and medical practitioners who do not currently outsource medical billing indicated that they plan to do so over the next two years. The utilization of outsourced billing by independent medical practices continues to increase. A nationwide survey reveals that medical billing companies expect average revenue growth of 12% as utilization of…

The future growth of cloud-based & web-based medical billing services is one industry that has seen a disruptive transformation over the decades. Scalability simplified with cloud–based systems. Small practices can expand without standard IT growing pains. A web–based system makes it easy to add new users, doctors, or locations. The flexibility of web–based Software allows small practices to think big and…

Industry pros weigh in on macro trends for the 2020 kitchen and bath trends forecast. These are more revealing, more important, and more enduring than the paint color of the year or the latest appliance finish. Macro trends showcase what people value in their lives and what they prioritize with their home investment dollars. They…

Web-based Medical Billing software in the healthcare system ensures that your practice receives reimbursement for the work the providers perform efficiently. The software is a computer application that automates the healthcare billing process.  Good medical billing software companies can give you all the tools you need to manage your claims process in one place and to ensure…

Medical Billing Service The growing healthcare industry is creating a change in the payment landscape for both payers and providers. Hiring a skilled medical billing service can be just the answer for your healthcare practice. Any business will not survive long without an income. Healthcare practices are no different. For them to be able to…

A merger is the combination of two or more firms, generally by offering the shareholders of one firm’s securities and funds in the acquiring firm in exchange for the voluntary fusion of the two companies. Mergers are most commonly done to gain market share, reduce costs of operations, expand to new territories, grow revenues, and…

Mergers and acquisitions for companies looking to expand makes perfect sense in a variety of situations. For example, maybe an opportunity presents itself that requires fast, decisive action. Or perhaps a lack of funding prevents you from deciding to act on expansion opportunities. Raising capital, expansion into new markets or territories, or acquire new technologies…

Cloud-Based Healthcare Payment Solution Can Cut Collections Cost. The lifeblood of any healthcare practice is collecting money for services rendered. Medical practices are under pressure to keep the medical billing process be as smooth, reliable, and efficient as possible. Cloud-Based Healthcare Payment Solution Can Cut Collections Cost. On average IOSoft UPS platform presents a 70+…

Outsourcing Medical Billing. There are some essential questions to ask when deciding to outsource your medical billing department. All of which can be determining factors for independent practices to make when outsourcing the medical billing department. Below are a few you should consider when assessing your needs: Is your medical practice new? New medical practices have…

The Benefits of Medical Billing Software The benefits of medical billing software serve as the integral cog in the revenue cycle that determines the profitability or failure of healthcare providers.  Medical billing software is a computer application that automates the healthcare billing process. Medical practices and billing companies can use this software to improve their…