12. 14. 22
2022 was a year full of change and challenges.
We’ve compiled the top 5 blog articles that outline the strategies healthcare practices and organizations can deploy to help achieve their revenue and operational goals in 2023.
Did you know that federal law mandates that you perform an annual HIPAA risk assessment to maintain compliance with text messaging and other patient guidelines? Following all the steps outlined in this article will help protect your practice and your patient, but text messaging is still an inherent risk. Be sure your practice knows and complies with the Minimum Necessary Standard and the HIPAA security rule’s physical, technical, and administrative safeguards.
Modernizing healthcare is the way of the future. U.S.-based digital health startups recorded $29.1 billion in funding in 2021, nearly doubling the $14.9 billion from 2020. Investing in the right digital tools can help practices attract new business, get them paid faster and provide better patient care.
Balancing multiple priorities at the front desk while keeping patient connections active fills your plate quickly. From large amounts of data entry to time-consuming follow-up phone calls, we know you’re busy, and we can help you simplify your tasks with automation. We want to help you maintain meaningful patient connections that are not compromised by payment conversations. This support can be found in embracing technology that unlocks more time and facilitates meaningful patient interactions.
Inflation impacts healthcare organizations and clinics in multiple ways, including staffing, recruitment, revenue cycle management, and patient care decisions. But the right technology and tools can provide clinics with several innovative ways to combat these inflationary challenges and continue to thrive. Inflation’s impact on clinical operations is a challenge we can help you fight.
As a healthcare leader, optimizing operational revenue is a top priority for your organization. You’ve likely updated your billing systems and processes to maximize insurance revenues. But have you invested similar time and effort into streamlining the patient side of your revenue cycle? Combining the strategies outlined within the blog with digital solutions allows you to take the mystery out of patient collections and see your cash flow rise.
As a leader in healthcare technology solutions, we understand the friction points in your administrative processes that drain valuable time from each day. We’ve designed our innovative work and cash flow platform, Practice Management Bridge, with ease and efficiency in mind.
By modernizing and simplifying practice operations, our system saves your staff time while helping you achieve faster payments, higher revenues, and improved patient engagement. Contactless payments, Text to Pay, online payments, and Card on File (CoF) give patients the payment options they want while eliminating the need for issuing checks and paper statements. Other features include digital registration forms, customizable text messages, automated payment posting, streamlined workflows, and an effortless user experience for staff and patients.
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Rectangle Health securely stores healthcare payment information, protecting both your practice and patients with today’s highest standards for compliance and PCI.
