Is Your Cloud Secure? 3 Questions to Ask Before a Data Breach by Analytix Marketing | 07:32 With data and applications available from anywhere worldwide, as long as you have internet access and credentials, there’s no question that cloud environments have their convenience. With such ease of access, however, comes hidden cloud security risks. So, how do you prevent a cloud data breach? It starts with the right questions: What data ... Read More
Why Outsourcing Dental Billing and Revenue Cycle Management (RCM) is the Right Solution for Private Dental Practices by Analytix Editorial Team | 11:21 Running a private dental practice comes with unique challenges and opportunities. Practitioners strive to provide patients with the best possible dental care while juggling various administrative processes, including: Appointment scheduling Benefits verification Revenue cycle management Handling insurance claims These tasks are necessary for operating a dental practice, but they can take up time you’d ... Read More
Maximizing Deductions: Leveraging Accounting Expertise by Analytix Editorial Team | 11:04 Small to medium-sized businesses often face various challenges, including having the time to dedicate to exhibiting strong financial management. One of the most complex aspects of financial management is tax liabilities and deductions, and consulting with an expert can help make the task less daunting. A report by SCORE states that 40% of SMBs ... Read More
The Power of Dataflow Maps in Digital Transformation by Analytix Editorial Team | 08:00 Handling data demands a great deal of judgement and accuracy. When handling information, businesses need a clear understanding of where data originates from and who it’s intended for. Imagine a series of events happening on the web, like clicks, purchases, or interactions—a lot of data moves around in these processes. Data flow mapping acts ... Read More
Key Restaurant Performance Metrics Every Owner Should Track on Their Dashboard by Analytix Editorial Team | 14:46 Running a successful restaurant is not just about serving delicious food and providing a great experience for your customers; it’s... The post Key Restaurant Performance Metrics Every Owner Should Track on Their Dashboard first appeared on Insight360 By Analytix. Read More
WooCommerce vs. Shopify: Make the Right Choice for Your eCommerce Website Development by Analytix Marketing | 12:22 The platform on which you choose to host your eCommerce website primarily determines your web design. If the design can’t help your business earn revenue, your organization likely won’t succeed. Therefore, choosing the right platform is essential. Two of the most popular eCommerce web hosting platforms are Shopify and WooCommerce. While both are great ... Read More
The Impact of Design, Lean Process, and Automation on Operational Excellence by Analytix Editorial Team | 05:10 In the dynamic landscape of modern business, achieving operational excellence is not just an objective; it’s a necessity. Many businesses, regardless of their size or industry, strive to reach peak levels of efficiency and effectiveness. To do so, they often rely on a robust strategy that encompasses pillars of operational excellence, continuous improvement in ... Read More
Precision in Planning: Leveraging Autodesk AutoCAD & Revit for ESS CAD Services by Analytix Editorial Team | 13:40 Amidst the ever-changing business landscape, meticulous planning remains the cornerstone for successful project accomplishment and maximizing resource utilization. For business owners within the electronic security system (ESS) industry who are well-versed in the advantages of AutoCAD and Revit planning solutions, the transformative impact of these software tools on the industry is unmistakable. These cutting-edge ... Read More
Leveraging Benefits of Cloud Computing with Managed Services and Solutions by Analytix Marketing | 08:16 Research by Gartner says that while most people today think of the cloud as a technology platform, this perspective will shift by 2027. At that time, cloud computing will be seen as the key driver of business innovation apart from being a technological approach for delivering applications. What should businesses be planning to ensure ... Read More
The Power of Organized Data: A Cornerstone for Your Business Success by Analytix Editorial Team | 14:14 Data information is a valuable asset for businesses; however, raw, unorganized data can be a chaotic maze. Organized data, on the other hand, provides a wealth of insights. As a business owner, understanding the significance of organized data and how it can transform your operations is crucial. The Difference in Data: Raw vs. Organized ... Read More
Data Mapping and Transformation in Integration by Analytix Marketing | 09:14 In a rapidly evolving business landscape, data fuels critical decision-making and ensures smooth organizational operations. According to a report by Statista, projections for the years 2020-2025 anticipate that global data creation and replication will exceed 180 zettabytes. The report revealed that in 2020, the total volume of generated and replicated data reached unprecedented levels, ... Read More
Navigating Supply Chain Issues: 3 Tips for DME Providers by Analytix Editorial Team | 09:27 Across the globe, millions of patients rely on durable medical equipment (DME) providers to furnish them with essential tools for maintaining safe and healthy lifestyles. The responsibility for ensuring reliable equipment for critical medical procedures falls squarely on DME companies. But navigating this responsibility isn’t easy. They face constant obstacles like global supply chain ... Read More
Financial Strategy and Long-Term Planning with CFO Advisory Services by Analytix Editorial Team | 07:03 Financial strategy and long-term planning, with the assistance of a chief financial officer (CFO) advisory services, can help businesses shape their financial health and success. Both, financial strategy and long-term planning, provide the necessary guidance to optimize financial performance, ensure long-term sustainability, and foster growth in a dynamic and competitive environment. By integrating these ... Read More
Expanding Business Horizons with Automation-As-A-Service by Analytix Editorial Team | 05:10 In today’s competitive business landscape, innovation is the catalyst propelling companies to their next big breakthrough. One such groundbreaking trend is Automation-As-A-Service (AaaS), which is rapidly becoming a game-changer. Here’s why. The Value Proposition of Automation-As-A-Service AaaS is not just another buzzword. It embodies a promise to transform tedious manual tasks into automated processes, ... Read More
Leveraging Your AV Over IP Deliverables by Analytix Editorial Team | 11:19 A recent report in the Digital Journal estimates that the global audiovisual over-internet protocol (AV over IP) market looks promising in the next five years. As of 2022, the global AV over IP market had an estimated value of USD 4,533.36 million. This figure is anticipated to reach USD 7,1552.09 million in 2028, which ... Read More
Top 10 Considerations for a Reliable DMS Partner by Analytix Editorial Team | 09:52 Effectively handling and managing data is pivotal for small and medium-sized businesses as it enables informed decisions driving growth, efficiency, and competitive advantage. A data management services partner (DMSP) is beneficial for a business owner because they help ensure the efficient and secure handling of your business data. They can improve data accuracy, provide ... Read More
Navigating the Digital Era: Embracing Digital Transformation for a Competitive Advantage by Analytix Editorial Team | 05:10 In the backdrop of today’s highly interconnected world, unprecedented shifts in the business landscape have been ushered in by the relentless tides of technological advancement. As industries undergo evolution and customer expectations transition, a compelling question confronts enterprises: In this digital era, how can they uphold their relevance and competitiveness? The answer is found ... Read More
Optimizing Growth: Empowering Your Small Business with Remote Virtual Assistants by Analytix Editorial Team | 05:00 In today’s fast-paced and competitive business landscape, small businesses must increasingly find innovative ways to grow and expand. Fortunately, advancements in technology have created new possibilities and solutions, one of which is the utilization of remote virtual assistants. Remote virtual assistants are invaluable to a small business that is aiming to grow and expand ... Read More
Third-Party Reconciliations for Restaurant Accounting by Analytix Editorial Team | 13:36 For many restaurants, the increasing popularity of online delivery services, such as DoorDash, Uber Eats, and GrubHub, has drastically expanded their sales and growth potential. Until a few years ago, steady revenue demanded in-person diners (unless you were a takeout restaurant). Now, for many restaurants, partnering with these 3rd party delivery services significantly expands ... Read More
The Ultimate Year-End Accounting Checklist for Small Businesses by Analytix Editorial Team | 11:20 For many small businesses, the year-end accounting process can feel overwhelming. From tax preparation to budgeting and planning for the next year to ensuring you’re on top of technology and software updates, it can feel like there’s a lot to do within a short time. But there are many benefits to getting everything in ... Read More
Single-Page Applications (SPAs) vs. Multi-Page Applications (MPAs): Which Is Right for Your Business by Analytix Marketing | 12:00 Both, single-page applications (SPAs) and multi-page applications (MPAs) are web development solutions that can help businesses build their online presence. Choosing the right one to develop your business website is essential for crafting memorable online experiences for your audience while keeping business IT capabilities in focus. A Quick Look at Some Key Differences in ... Read More
Unified Protection: How Managed Endpoint Security Combines Firewall & Additional Measures by Analytix Marketing | 11:07 The increasing sophistication of cyberattacks poses a substantial threat to businesses and individuals, prompting the need to turn to unified protection as opposed to individual security measures. Reports in Techopedia provide the following statistics: In 2022, 493.33 million ransomware attacks were detected by organizations worldwide. In 2022, the average cost of breaches resulting from ... Read More
How Data Management Services Drive Business Success with Streamlined Operation and Compliance by Analytix Editorial Team | 12:06 In today’s digital era, data is crucial for small and medium-sized businesses (SMBs). Yet, its true value emerges only when it’s accurate, easily accessible, and well-organized. This concise overview delves into the pivotal role of data management in fostering business growth, aiding decision-making, and uploading regulatory standards. Why Data Management Matters Organized Data: At ... Read More
Interim or Part-Time CFO Services: Which Engagement Model Should You Choose? by Analytix Editorial Team | 11:56 A Chief Financial Officer (CFO) serves as a crucial senior-level financial authority responsible for overseeing the financial operations within a business. In addition to providing insights on business strategy, they play a pivotal role in financial planning, analysis, and guiding the strategic growth path. Their responsibilities encompass more than just overseeing financial statements or ... Read More
The Role of Middleware and System Integration by Analytix Marketing | 05:10 In today’s technological landscape, seamless integration between various systems has become imperative for businesses to stay competitive. At the heart of this integration lies middleware, a crucial component that acts as a bridge, connecting systems and enabling smooth communication, data sharing, and harmonious functionality. On the other hand, integration is the glue that holds ... Read More
Understanding the Distinctions: Backup Strategy vs. Disaster Recovery by Analytix Marketing | 05:10 In today’s data-driven world, businesses rely heavily on their digital assets and information. Protecting this data is crucial not only for operational efficiency but also for ensuring business continuity. The concepts of backup strategy and disaster recovery are often discussed in the context of data protection and business continuity. While they may seem similar, ... Read More
Errors to Avoid When Hiring an Application Development Service Provider by Analytix Marketing | 14:16 In today’s digital age, having a well-designed, carefully developed, and efficient mobile or web application is critical for the success of many businesses. Whether it’s a mobile app for your e-commerce store or a web application for streamlining internal processes, choosing the right application development service provider is a critical decision. However, making the ... Read More
Managed IT Support: The Key to Proactive Monitoring and Issue Resolution by Analytix Marketing | 05:10 Proactive IT monitoring is when an organization puts measures in place to identify potential issues before they affect the end user. This strategy helps organizations reduce downtime and optimize performance, which reduces customer complaints. What is Proactive Monitoring, and Why Does It Matter? When running a fully functional, user-centered organization, it is essential to ... Read More
Navigating the Social Media Landscape: The Role of Social Media Virtual Assistants by Analytix Editorial Team | 04:24 In today’s digitally driven world, strategic business transformations, premium marketing ventures, and dynamic customer relations are being significantly impacted by social media. Amid this digital revolution, Social Media Virtual Assistants (SMVAs) have emerged as the most prominent forces in helping enterprises navigate the turbulent waves of online interactions. By untangling the intricate web of ... Read More
Adapt to Thrive – The Power of Workforce Transformation by Analytix Editorial Team | 04:10 In recent years, the nature of work has undergone a profound transformation. Driven by technological advancements and changing attitudes toward work-life balance, an increasing number of companies are adopting new workforce models, including remote work and automation. This concept is known as “workforce transformation”. It has resulted in a more agile and adaptable workforce. ... Read More
Tax Considerations for Different Business Structures: Sole Proprietorship, Partnership, Corporation, and More by Analytix Editorial Team | 13:27 The business structure of an organization determines tax implications and can impact how profitable or scalable the entity may be. Understanding the different business structures helps any organization manage its finances. Some of the parameters that can influence tax obligations, depending on business structure include: Number of people making up business staff, part-time workers, ... Read More
Improving Coordination in Audio-visual Projects with BIM Services by Analytix Editorial Team | 08:39 Collaboration and coordination are important factors that impact success in the continually growing field of audio-visual technologies. Audio-visual (AV) projects are complex, as they include various participants, such as project managers, designers, integrators, and end users. Coordinating these various parties while assuring the integration of systems is often a challenging endeavor. Building Information Modeling ... Read More
Advantages of Cutting-Edge Display Technologies by Analytix Editorial Team | 15:18 Staying ahead of the competition by introducing advanced tech innovations may be daunting, but it’s essential in the audio-visual (AV) business. Moving with rapidly growing technology and adjusting your business goals effectively are both key to maintaining a competitive edge in the marketplace. This blog post discusses the fascinating world of cutting-edge display technology, ... Read More
Customer Satisfaction Analytics : Guidelines for Improving Restaurant Customer Experience by Analytix Editorial Team | 13:06 In the competitive world of the restaurant industry, it’s no secret that the key ingredient for success is delivering an... The post Customer Satisfaction Analytics : Guidelines for Improving Restaurant Customer Experience first appeared on Insight360 By Analytix. Read More
Unleashing the Power of Data Integration for Restaurants: Mastering the Third-Party Delivery Services Game by Analytix Editorial Team | 11:35 In the ever-evolving restaurant landscape, third-party delivery services like UberEats and DoorDash have become essential revenue streams. Yet, they also... The post Unleashing the Power of Data Integration for Restaurants: Mastering the Third-Party Delivery Services Game first appeared on Insight360 By Analytix. Read More
3 Ways to Optimize Dental Billing Revenue by Analytix Editorial Team | 13:34 In the ever-evolving landscape of healthcare, efficient revenue cycle management (RCM) has become paramount for dental practices seeking to thrive. The vitality of a reliable income stream cannot be overstated, and we recognize the challenges that dental practitioners like you encounter in maintaining a steady revenue flow. Drawing upon our extensive expertise in dental ... Read More
Unleash the Profitability for Your Dental Billing with Dedicated Outsourcing Expertise by Analytix Editorial Team | 13:20 Providing patients with an excellent experience at your dental practice is about more than just dental care. To ensure everyone stepping into your office leaves with a smile, make every patient touchpoint count — from new patient scheduling to billing and everything in between. While your dental practice’s financial and operational aspects are important ... Read More
What does the Increasing Role of AI mean for CPA Firms? by Analytix Editorial Team | 13:00 Emerging artificial intelligence (AI) is a hot topic in the news. It transcends industries, and everyone is trying to find new ways to adopt the technology for its task automation and analytical capabilities, including certified professional accountants (CPAs). Understanding how to utilize AI in accounting and finance will ultimately help your CPA firm digitally ... Read More
Conducting Effective One-on-One Meetings: A Guide for Multi-unit Restaurant Owners and Store Managers by Analytix Editorial Team | 10:59 Introduction Running a multi-unit restaurant business comes with its own set of challenges and responsibilities. One crucial aspect of effective... The post Conducting Effective One-on-One Meetings: A Guide for Multi-unit Restaurant Owners and Store Managers first appeared on Insight360 By Analytix. Read More
Optimizing Security Infrastructure: The Benefits of Technical Expertise in ESS CAD Services by Analytix Editorial Team | 07:04 In today’s rapidly evolving digital landscape, security has emerged as a paramount concern for organizations spanning diverse industries. As technological advancements continue to shape the way businesses operate, the need to fortify security measures has never been more critical. Enter the Electronics Security Systems (ESS) world, where technical expertise plays a pivotal role in ... Read More
Recognizing Restaurant Labor Costs: True Labor vs. Hourly Wages by Analytix Editorial Team | 11:08 Restaurant labor costs can often be a challenging metric to calculate. Restaurants need robust and reliable help in terms of... The post Recognizing Restaurant Labor Costs: True Labor vs. Hourly Wages first appeared on Insight360 By Analytix. Read More
Ensuring Safety and Compliance Standards in ESS CAD Services by Analytix Editorial Team | 05:37 In the ever-evolving landscape of electronic security systems (ESS), where the need for robust safety and unwavering compliance standards is paramount, the role of advanced technology cannot be understated. As security challenges grow increasingly complex, it becomes imperative to harness the power of innovative tools to design and implement ESS solutions that deliver on ... Read More
6 Benefits of Outsourcing to Elevate Your Business with LinkedIn List-Building by Analytix Editorial Team | 09:50 Expertly executed LinkedIn list-building can help companies capitalize on fresh prospects, thereby further propelling their growth. Here’s how Analytix can help you boost your business search: #1. Expertise and Efficiency: Outsourcing LinkedIn list-building offers skilled professionals who specialize in finding and connecting with relevant leads, thereby ensuring quicker and more accurate results. #2. Time ... Read More
The Benefits of Virtual 3D Modeling in Audio-visual Facility Design Using BIM Services by Analytix Editorial Team | 11:00 Overview Recent advancements in technology have resulted in the emergence and evolution of many different design techniques. One game changer is 3D modeling, especially in the field of audio-visual (AV) facility design. The design industry is undergoing a substantial transition because of the use of Building Information Modeling (BIM) services. There are many benefits ... Read More
Transform P&L Monitoring for Your Restaurant with Projected Budgets and Live Data by Analytix Editorial Team | 08:57 Introduction How is consistent P&L monitoring for restaurants helpful? Also, why should mid-month timing matter at all? Traditionally, restaurants relied... The post Transform P&L Monitoring for Your Restaurant with Projected Budgets and Live Data first appeared on Insight360 By Analytix. Read More
The Importance of Comparing Labor and Speed of Service in Running a Restaurant by Analytix Editorial Team | 10:48 Introduction Running a restaurant isn’t just about offering great food and a pleasant atmosphere; a successful restaurant is characterized by... The post The Importance of Comparing Labor and Speed of Service in Running a Restaurant first appeared on Insight360 By Analytix. Read More
How CFO Expertise can Help your Business Grow by Analytix Editorial Team | 04:10 A Chief Financial Officer (CFO) is responsible for setting a business’s financial budgets and objectives and taking concrete and appropriate steps to meet them. While many think hiring a CFO is only necessary for large organizations, it can benefit a business of any size and at any stage in its journey. How Industry Intelligence ... Read More
The Significance of AV Programming in Modern Technology by Analytix Editorial Team | 09:58 If you’ve ever attended a conference, concert, or even watched a movie in a theater, you’ve probably experienced the power of audiovisual (AV) technology. But have you ever stopped to consider the complexity behind the scenes that makes it all possible? That’s where AV programming comes in. AV programming involves designing and configuring the ... Read More
6 Strategies to Master Your Dental Revenue Cycle Management (RCM) Workflow by Analytix Editorial Team | 08:31 Dental revenue cycle management, or dental RCM, is central to ensuring on-track financial management for dental practices. At Analytix Healthcare Solutions, we believe in employing a comprehensive and systematic approach towards dental RCM, including billing and revenue processes. Here are five key strategies for efficient dental RCM: #1. Streamlined Documentation: Ensure accurate and complete ... Read More
Accounting Trends for the Second Half of 2023 by Analytix Editorial Team | 04:10 In the hectic and constantly changing industry of finance, staying ahead of the curve is critical for both professionals and corporations. Several accounting trends are transforming the industrial landscape as we enter the second half of 2023. The coming months forecast dramatic shifts from cutting-edge technologies to a greater emphasis on sustainability. Let’s look at ... Read More
Ensuring Ethical and Responsible Decision-Making in audio-visual Engineering by Analytix Editorial Team | 09:46 Introduction Multimedia content and advanced technologies are constantly changing and growing in today’s digital age, and audio-visual (AV) engineering has taken center stage amid this growth. The relevance of ethical behaviors in this industry cannot be overstated as the sector evolves. Maintaining the industry’s reliability and credibility requires ethical and responsible decision-making. Understanding Ethics ... Read More
How Multi-Unit Restaurant Turns Business Intelligence into Business Profits by Analytix Editorial Team | 15:13 Multi-unit restaurant businesses need to gather data from different locations and to utilize it effectively for maximum profitability. Analyzing data... The post How Multi-Unit Restaurant Turns Business Intelligence into Business Profits first appeared on Insight360 By Analytix. Read More
The Power of Viewing Metrics from Different Source Systems for Restaurants by Analytix Editorial Team | 14:56 In the fast-paced and competitive world of restaurants, success depends on quickly making informed decisions based on accurate data drawn... The post The Power of Viewing Metrics from Different Source Systems for Restaurants first appeared on Insight360 By Analytix. Read More
Expand your Financial Modeling Services by Analytix Editorial Team | 04:10 Financial modeling is an essential part of the forecasting process, as it allows you to estimate the potential of a product, project, or entire business. A financial model will take into account many relevant operational and financial variables, as well as growth and risk assumptions, to interpret their impact on the bottom line. This ... Read More
The Future of Audio-Visual Engineering: Predictions and Trends by Analytix Editorial Team | 13:59 Introduction The digital era has brought about tremendous achievements in connecting people and ideas across the world. The progress of audio-visual (AV) engineering has been one of the primary drivers behind these achievements. The future of audio-visual engineering promises to continue pushing the boundaries of our senses, from cutting-edge home entertainment systems to immersive ... Read More
Navigating Insurance Reimbursement Challenges — How Outsourcing Can Help by Analytix Editorial Team | 08:41 Many external forces impact the healthcare industry, from emerging technologies to government legislation, demographic shifts, and more. Providers must often deal with these ever-changing factors while also delivering a positive patient experience and juggling administrative tasks, including insurance processing and reimbursement. Because insurance reimbursement can be complicated and time-consuming, it’s no wonder many home ... Read More
Time is Money: Freeing Up Resources by Outsourcing Data Tasks by Analytix Editorial Team | 13:58 Are you finding it challenging to maintain data accuracy during system changes or conversion processes in the midst of the digital revolution and the continuous surge in data volume? How are you currently addressing this issue, and what solutions you have explored to optimize the data processing and ensure data accuracy throughout these transitions? ... Read More
The Benefits Of Single Reporting Dashboard for Your Restaurants & Franchisees by aixsa | 10:34 According to a Finances Online report, the market size of the global food service industry is projected to grow from an estimated... The post The Benefits Of Single Reporting Dashboard for Your Restaurants & Franchisees first appeared on Insight360 By Analytix. Read More
Navigating Protected Health Information (PHI) and HIPAA Compliance by Analytix Editorial Team | 10:03 In recent years, there has been a growing trend of healthcare records being compromised through data breaches and other cyberattacks. According to The HIPAA Journal, more than 380 million healthcare records have been exposed since 2009, impacting millions of individuals across the United States. Maintaining the privacy and security of protected health information (PHI) ... Read More
Reduce Errors and Increase Collections with Analytix by Analytix Editorial Team | 08:42 Reduce your errors and increase collections measurably with HIPAA-compliant medical billing services offered by Analytix Healthcare Solutions. Given the high rates of delays and denials, DME and HME providers face a recurring challenge: ensuring that the business is paid on time. According to a report, nearly 20 percent of all claims are denied, and ... Read More
Ensuring Security: A Vital Component of Revenue Cycle Management by Analytix Editorial Team | 10:09 Safeguarding patient data is an essential factor when ensuring data security for patient data. At Analytix Solutions, we remain focused on providing faultless medical billing assistance, including secure, HIPAA-compliant security. Experience a partnership with us where you break free from the limitations of regular outsourcing. We’re not just a service provider; we’re your dedicated ... Read More
Unlocking Efficiency: The Benefits of Outsourced Medical Billing by Analytix Editorial Team | 14:11 One of the key requirements of efficient Revenue Cycle Management (RCM) is flawless data recording and review processes, but the time and attention it requires can often prove to be challenging for busy DME provider businesses. Neglecting this essential function can lead to inaccuracies in claim submissions, which can, in turn, lead to delays ... Read More
Is the Reputation of Your HME or DME at Stake Because of Poor Medical Billing? by Analytix Editorial Team | 10:28 Mistakes in medical billing can jeopardize the reputation of your medical practice and hurt patient loyalty. The trust deficit created due to inaccurate medical billing can be irreparable. According to the 2019 Patient Payment Technology Report, based on a survey of 1000 U.S. healthcare consumers, only 33% of consumers expressed confidence in the accuracy ... Read More
Analytix Joins as Gold Member of Pennsylvania Association of Medical Suppliers (PAMS) by Analytix Editorial Team | 09:26 Analytix, a leading medical billing solutions company, joins the Pennsylvania Association of Medical Suppliers (PAMS) as a gold member. The membership in this elite group enables Analytix to help independent HME and DME practices achieve high billing performances as well as drive solutions to the Pennsylvania HME industry. As the oldest state association of ... Read More
A Medical Billing Company – Solution to Minimizing Billing Errors by Analytix Editorial Team | 09:20 As most providers can attest, when running a healthcare practice, accurate patient billing is critically important. Billing errors can lead to severe consequences, including a loss in revenue, increased claim denials, costly reworking of claims as well as heavy fines and penalties. It is estimated that a staggering 80% of medical bills contain errors. ... Read More
Analytix Joins AAHomecare as an Affiliate Member by Analytix Editorial Team | 13:51 Analytix joined the American Association for Homecare (AAHomecare) as an affiliate member. AAHomecare is the premier nationwide advocacy group representing providers of home medical or durable medical equipment and services. The AAHomecare Association advocates on behalf of the entire homecare community in legislative and regulatory arenas at the federal and state level. Its members ... Read More
The Importance of Prior Authorization and How to Improve Its Process by Analytix Editorial Team | 07:08 Prior Authorization (PA) can be a frustrating and time-consuming process. In fact, 86% of physicians describe the administrative burden of prior authorization as high or extremely high. 90% of healthcare providers reported a treatment delay caused by Prior Authorization. Of these, 60% said it took at least one business day to receive a reply, ... Read More
Outsourcing Medical Billing to Improve the Insurance Verification Process by Analytix Editorial Team | 07:55 Claim denials have become a fact of life for HMEs/ DMEs yet studies show that up to 90% of claim denials are preventable. If proper care is not taken, medical billing errors may arise, leading to delay in payments, delinquency in claims, and eventually patient disappointment. Quick and accurate verification of a patient’s eligibility ... Read More
Improving AR Days with Claim Follow-up by Analytix Editorial Team | 13:39 High AR (Account Receivable) days are red flags that can negatively impact the bottom line of your practice. According to hospital benchmarks, AR days for facilities are 47.5 days, and anything above that means less money to hire quality staff, fewer margins, and capital for expansion. Regular, proactive follow-up of outstanding claims is critical ... Read More
Top Four Medical Billing Errors by Analytix Editorial Team | 14:16 Billing errors are not only bad for patients but also for medical practices. It’s critically important for healthcare providers to minimize any coding and processing errors to increase their revenue. Frequent claim denials and negligence may also trigger billing audits and investigations which may not only damage the HME/ DME’s reputation but even attract ... Read More