Dental Billing vs. Revenue Cycle Management Explained by HealthIQ Dental billing is only one piece of your financial puzzle. Discover how Dental revenue cycle management (RCM) transforms collections, reduces denials, and strengthens cash flow. In this guide, HealthIQ explains the real difference between billing and RCM—and why modern practices rely on expert Dental billing and […]
Reaching a 97% net collection rate is no longer an aspirational target for top-performing practices in the United States—it’s quickly becoming the benchmark. In a demanding market like New York, where operating costs, state-specific payer rules, and administrative burden keep climbing, falling short of this standard can directly erode financial stability. A strong revenue cycle […]
In today’s complex and fast-moving healthcare system, your clinic’s financial health depends on one simple number: your clean claims rate. If your claims are not clean—meaning complete, error-free, and payer-ready—the revenue cycle slows down immediately. Payments get delayed, denials increase, staff workload rises, and cash flow weakens. Across the US, high-performing practices aim for a […]
Every year, over 850 million healthcare claims are initially denied in the U.S. — a staggering number that reveals a deeper problem in our revenue cycle systems. According to a Change Healthcare report, 30–40% of these denials are due to manual errors and coding mistakes, many of which are entirely preventable. Even more alarming, while over half of these […]
It is hard to overstate the critical impact that claim denials have on healthcare providers’ financial health. In this blog, we’ll delve into the extent of medical claim denials, the financial repercussions for hospitals and practices, common reasons and types of denials, best practices for denial management, and how HealthIQ and artificial intelligence (AI) to […]
Strong Accounts Receivable Management Is Critical For the Financial Health of Healthcare Providers Effective AR management is essential for maintaining financial stability, ensuring timely reimbursements, and ultimately, for providing quality patient care. A healthcare practice may provide hundreds of thousands of billable care every month, yet it will not be keep its lights on, if […]
