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Why Are Appeals in Medical Billing Essential for Financial Stability?
Medical billing is one of the most important yet challenging parts of running a healthcare practice. Even when claims are submitted carefully, providers often find themselves dealing with denials. Industry data shows that nearly 15% of all medical claims are initially denied, and each one represents lost or delayed revenue. Multiply that across hundreds of […]
Medical Debt Collection vs. Internal Billing: When Outsourcing May Make Sense
Over 100 million Americans are living with medical debt, according to KFF Health News. That staggering number affects more than patients. It places enormous financial strain on hospitals, private practices, and clinics trying to keep their operations running. Unpaid invoices tie up cash flow, increase administrative stress, and make it harder for providers to focus […]
Top Challenges in Medical Debt Collection and How Providers Can Address Them Responsibly
Rising healthcare costs have become one of the most pressing financial concerns for families across the United States. For providers, this means an increasing number of patients struggle to pay their bills on time, leaving balances unresolved and revenue tied up. Just under 50% of U.S. adults say affording health care costs is difficult, and […]