Medical billing company - expEDIum Solutions Blog

How to Increase Medical Collections Effectively During Deductible Season

By Suvarnna Babu November 6, 2024

Are you struggling to increase medical collections as patients’ deductibles reset for the new year? For many healthcare practices, the deductible season can be particularly challenging, as higher out-of-pocket costs often create a gap between services rendered and payments received.…

How Can Healthcare Systems Combat Physician Burnout and Improve Provider Satisfaction?

By Suvarnna Babu October 30, 2024

Physician burnout is no longer just an occupational risk; it’s an epidemic. Recent statistics show that over half of physicians in the United States report experiencing burnout, with nearly 40% considering either reducing their clinical hours or leaving their positions…

How Clinically-Driven Revenue Cycle Management is Reshaping Healthcare Finances and Patient Care

By Suvarnna Babu October 30, 2024

In today’s fast-evolving healthcare landscape, where financial constraints and high patient expectations intersect, healthcare providers must confront a critical question: How can they enhance both patient experiences and financial performance without overburdening clinical staff? Could clinically-driven revenue cycle management be…

Maximizing Healthcare Operations with White Label Solutions

By Suvarnna Babu October 23, 2024

Are you finding it challenging to keep up with the fast-paced changes in healthcare technology? You’re not alone. Many healthcare providers are searching for ways to improve operational efficiency, enhance patient care, and stay ahead of the competition. The good…

Medical Billing Through the Ages: A Technological Evolution

By Suvarnna Babu October 10, 2024

Medical billing has come a long way since its inception, transforming from manual, paper-driven processes to the digital systems we rely on today. According to a 2023 report, the global healthcare revenue cycle management (RCM) market is expected to grow…

HIPAA Compliance: Ensuring Patient Privacy with Robust Medical Billing Solutions

By Suvarnna Babu October 4, 2024

Healthcare data breaches have reached alarming levels in 2023, with over 59 million records exposed across the U.S. alone, marking a concerning trend of rising cyberattacks in the healthcare sector. The financial repercussions are staggering as well, with the average…

Navigating Medical Billing Analytics: Addressing Operational Challenges with Efficiency

By Suvarnna Babu October 3, 2024

Medical billing remains one of the most complex aspects of healthcare management, and it continues to pose significant operational challenges for healthcare providers. According to a report from the Consumer Finance Protection Bureau (CFPB), medical billing errors impact millions of…

Transforming Patient Billing into Revenue Growth: The expEDIum Perspective

By Suvarnna Babu September 27, 2024

In today’s healthcare landscape, managing revenue cycles efficiently is more critical than ever. According to a 2022 study, nearly 73% of healthcare organizations reported that inefficient billing processes were one of the top reasons for revenue loss . This statistic…

Is Your Outdated Revenue Cycle Management System Holding Your Practice Back?

By Suvarnna Babu September 26, 2024

In today's rapidly evolving healthcare environment, optimizing financial performance is critical to the success of any medical practice. Yet, many practices find themselves using outdated Revenue Cycle Management (RCM) systems, leading to inefficiencies, delayed payments, and lost revenue. At expEDIum,…

Custom Gastroenterology EHR: Driving Patient Satisfaction with Specialty Solutions

By Suvarnna Babu September 20, 2024

Consider the daily routine of a gastroenterologist like Dr. Lewis. Each day brings a mix of patient consultations, procedures, and follow-ups. Recently, he encountered a patient, Mrs. Thompson, who was understandably anxious about her upcoming colonoscopy. With a few clicks…