Insurance audit – Panacea Billing

5 Reasons You Should Diversify Your Payer Mix

To run a successful healthcare practice, it’s important to diversity your payer mix. Here are 5 reasons why payer mix is more important than you thought. In Healthcare, having a solid and diverse payer mix can be the difference between running a thriving business and closing your doors. Having a diverse payer mix takes the power away from any one insurer. This gives you more control of your cash flow, and enables you to better predict how much money you’ll have at any given time.While this is a simple concept, it’s important to understand precisely how the differences in payer operations and guidelines can affect your practice.

Best Practices for Tracking Patient Outcomes in Behavioral Health

As healthcare evolves, there is a growing push toward rewarding positive patient outcomes through Value-Based Reimbursements, and using outcomes tracking as a condition for continued accreditation. In fact, The Joint Commission has announced that all members must begin tracking and assessing patient outcomes by January 1, 2018.But what should you track and how should you track it?

Tag: Insurance audit

5 Reasons You Should Diversify Your Payer Mix

Best Practices for Tracking Patient Outcomes in Behavioral Health

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