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Nextech Blog

Using Technology to Seize Revenue Opportunities

When specialty practices want to strengthen their balance sheets, they can either cut costs or increase revenue. Although pursuing both options is probably wise, finding opportunities to boost the...

3 Tips for Surviving the CMS Payment Reductions

CMS reimbursement cuts to ophthalmology have some industry experts predicting big changes to practice patterns, from fewer residents entering the specialty to fewer surgeons entering the operating...

3 easy tips to improve your practice's revenue

How does your medical practice deal with its revenue cycle management? Working with the flow of money into and out of a practice is as important as providing proper care to patients. Without the...

Improve financial stability in your practice

Financial management of a medical practice is similar to mastery of a fine art or sport; it's something that one has to be working at constantly in order to do well.  However, striving for financial...

Tips for identifying new revenue streams

Whether you've just started your own medical practice or have been a leader in your respective field for years, it's important to recognize that revenue cycle management is one of your foremost...

3 Steps to Decrease Your Denial Rate

Even with the most effective medical billing software, all medical practices experience some level of claim denials (when insurance companies refuse to honor requests for health care coverage)....

Manage the Financial Health of Your Practice

Between keeping up with advances in modern medicine, establishing meaningful and healthy relationships with your patients and dealing with the day-to-day grind of running a business, it can be hard...

Tips for improving practice profitability [Video]

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4 tips for improving revenue cycle management

  Revenue management is essential to the health care industry, as it helps manage claims, and controls payment and cash flow. It ensures that the billing process goes smoothly to generate adequate...