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Starting Your Private Practice: A Guide to RCM

Starting Your Private Practice: A Guide to RCM

If you’re a physician dreaming of running your own private practice, you are not alone. Among the million physicians in the US, 51.8% are in practices with 10 or fewer physicians, according to the American Medical Association. It’s an exciting endeavor, but also a...

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Denial Management in Healthcare: What You Need to Know

Denial Management in Healthcare: What You Need to Know

Healthcare organizations face the constant challenge of claims denials, putting unnecessary pressure on their bottom line. In fact, there is an average annual loss of $5 million due to unresolved claims denials, representing up to 5% of net patient revenue. Harmony...

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The Critical Importance of Data Security in Medical Billing

The Critical Importance of Data Security in Medical Billing

In August 2023, Prospect Medical Holdings, a healthcare system operating in multiple U.S. states, was forced to shut down its hospitals due to a massive ransomware attack. Patient records became inaccessible, surgeries were postponed, and emergency departments had to...

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