A/R Archives

31 Oct Putting Pediatric Benchmarking to Work: Turning Insights into Action

Posted at 15:34h in Financial, Growing Your Practice, RCM + Billing, Reporting, Staying Independent by Darice Warren

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]Numbers don’t change anything — until you know what to do with them. Benchmarking gives pediatric practices a clear view of how they’re performing, but clarity alone doesn’t create change. The real value comes when you take those insights and turn them into practical, everyday actions that boost efficiency, strengthen the financial health of your practice, and improve patient care. In this post, we’ll explore how pediatric practices use benchmarking data to make informed decisions, prioritize improvements, and get measurable results without adding unnecessary work. Finding the “Why” Behind the Numbers One of the biggest...

Three children looking through a magnifying glass examining something up close.

24 Oct What Pediatric Benchmarking Really Reveals About Your Practice

Posted at 20:42h in Financial, Growing Your Practice, Reporting, Staying Independent by Darice Warren

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]Seeing your practice clearly means looking beyond your gut. Running a pediatric practice comes with its fair share of surprises. Some days you’re flooded with sick visits; other days, the schedule feels like it has holes big enough to drive a toy car through. Payments fluctuate, patient flow changes, and even your best guesses about what’s “normal” can be way off. That’s where pediatric benchmarking changes the game. Instead of wondering how your practice is performing, benchmarking lets you see it — clearly, objectively, and in context. It’s not about keeping up with competitors down...

20 Mar Why Pediatric Practices Outsource Their Billing and Why You Should Too

Posted at 20:53h in Financial, RCM + Billing by Darice Warren

Very few things about medical billing are straightforward, but it’s especially true in pediatrics. Proper coding, modifiers, and changes in Medicaid rules and payer guidelines can turn a simple office visit into a minefield of dependencies. Add staffing shortages and the challenge of finding qualified medical billers to the mix, and it further exacerbates the stress of billing for pediatric practices. When it comes to running a pediatric practice, the days of “one size fits all” are over. You can no longer thrive and work efficiently using a generic, non-specialty-specific EHR, and the same is true for billing and revenue cycle...

06 Dec Grow your Pediatric Practice Revenue by Outsourcing your Revenue Cycle Management

Posted at 15:11h in Growing Your Practice, RCM + Billing by Darice Warren

The ability to survive as an independent pediatric practice is contingent on being able to find new sources of revenue, even as reimbursements continue to shrink. But with a tight labor market and the challenges that come with finding skilled staff, it can be a tall order to fill....

27 Sep Three Key Factors to Consider for Outsourced Revenue Cycle Management Success

Posted at 12:47h in Financial, RCM + Billing by Guest Blog

Revenue cycle management is too significant to hand over to just anyone. You need a safe, trusted partner and expert who communicates well and produces results. ...

26 Jun Understanding 3 Crucial RCM KPIs

Posted at 20:35h in Growing Your Practice, RCM + Billing, Reporting by Darice Warren

In order to manage your revenue cycle effectively, you need to monitor several key performance indicators (KPI) to help protect and increase your cash flow. It’s crucial that you understand what these KPIs are and how they impact your practice....

15 Dec Always Include These 3 Data Analytics in Your Billing Reports

Posted at 19:23h in Financial, RCM + Billing, Reporting by Darice Warren

As a pediatrician, your primary goal is to deliver the best possible healthcare to your patients. Just as it's important for your patients to have regular check-ups as part of their wellness, it's also critical to regularly evaluate your pediatric office's financial health. But how? There are some key analytics that you can consistently examine to stay on top of your practice's financial well-being, while successfully planning for the future. Whether your billing is done in-house or outsourced, here are 3 data analytics you should always have included in your monthly and yearly billing reports. 1. Number of Days in Accounts Receivable (A/R) You...

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