Improve Payment Compliancy with StrongBox eSolutions
Healthcare providers and insurance companies are caught between two longstanding economic trends. While healthcare costs continue to rise (along with the rate of chronic illnesses, which accounts for 85 percent of those costs), wages have remained relatively stagnant for many Americans once inflation is accounted...
Improve Your Dental Clinic’s Valuation Using StrongBox
If you are a dental practice manager and/or owner, there is a strong probability you have been approached by Dental Support Organization’s (DSO’s) to sell your business. If you are contemplating selling in the near-term, why would you let another party capitalize on the hard-earned...
Bridging the Patient Provider Divide
There is a growing divide between patients and providers over medical billing. While patient surveys repeatedly cite online accessibility and ease of billing as top concerns, most healthcare providers are not working to address those concerns. A February article in BeckersHospitalReview found that upgrading digital payment...
Follow Key Metrics with StrongBox Solutions
A recent article in Becker’s Hospital Review highlighted what is already known in certain medical and dental healthcare circles — successful healthcare leaders track performance. The topics highlight the importance of one key feature of StrongBox eSolutions, our interactive Dashboard that tracks average production per...
The Takeaway from IT Conference HIMSS19
The country’s largest health IT conference (HIMSS19) recently concluded in Orlando, FL. More than 43,000 health IT professionals brought innovative ideas as well as their expressed concerns about challenges facing health IT today. Industry leaders, including HHS Secretary Alex Azar, discussed topics that StrongBox has...
Simplified Financing for Medical Service Organizations
Bill collections, accounting, and financing are all critical aspects of running a successful business, but the time that goes into billing and accounting can pull time and attention away from serving patients. To help streamline this process, increase efficiency, and provide more time for patients,...
The #1 Most Concerning Issue for Hospital CEOs
Becker’s Hospital Review, a top publication addressing hospital business and health system executives, published an article earlier this week outlining “The 10 most concerning issues for hospital CEOS in 2018.” Becker’s surveyed 355 community hospital executives and asked them to rank 11 common issues based...
Cutting Down on Third-Party Interference
Cutting Down on Third-Party Interference If the staff at your medical practice are tired of the time and hassle associated with collecting bills and being put on hold by insurance companies, then you’re not alone. In fact, frustrations over dealing with third parties (insurance payers, billing...
Answering Your Patients’ Questions About Medical Financing
The disconnect between health care practitioners’ services and patients’ ability to finance care have contributed to shockingly high unreimbursed medical insurance expenses for practices across the country. In fact, medical financing is one of the most troubling topics for providers and patients alike. We believe...
Patient Financing: How to Create a Better Experience
Across the healthcare market, a primary issue among practice administrators is collecting payments on time. Many doctors fear that increasing collections will result in decreased patient satisfaction. However, by implementing convenient, updated billing and payment methods, healthcare professionals can truly have the best of both...