3 Leading Ways Optometry Practices Improve Revenue Cycle Management

Reading Time: 4 minutes By Chloe From Clearwave | April 29, 2024 Today’s healthcare landscape is becoming increasingly competitive for optometry practices. The best way to stay ahead of the curve is by implementing effective strategies that streamline your revenue cycle management processes. Keep reading to learn three leading ways optometry practices can improve cash flow and boost their…

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Everything Your Need to Know About Patient Eligibility & Increasing Collections

Reading Time: 4 minutes One of the most significant hurdles practices face is accurately verifying patient insurance eligibility and collecting payments in a timely manner. Traditional methods, such as manual eligibility verification processes and limited software solutions, often fall short, leading to a host of problems that can hinder a practice’s financial success. Inaccurate insurance information, overburdened staff and…

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Top 2 Trends Dermatology Practices are Focused on in 2024

Reading Time: 4 minutes By Chloe From Clearwave | March 4, 2024 To remain competitive in a constantly evolving healthcare landscape, top-earning dermatologists and their practices must stay on top of the latest industry trends affecting their patients.  Two key trends to keep high priority are: Managing the financial impacts of minimum wage spikes for healthcare staff Aligning with…

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3 Reasons Your Healthcare Reviews Are Going Down

Reading Time: 4 minutes By Chloe From Clearwave | February 22, 2024 Positive online reviews are crucial for healthcare practices to attract and retain patients in a competitive, internet-driven environment. With 74% of patients relying on reviews to choose a new doctor, maintaining a stellar reputation is key to your bottom line. If you’ve noticed your reviews slipping recently,…

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Why is Multi-Factor Insurance Verification Key to Dropping Claim Rejections?

Reading Time: 4 minutes By Chloe From Clearwave | February 5, 2024 Dealing with rising claim rejection rates and slower time-to-payment? Outdated manual insurance verification processes could be to blame.  Claim rejections often occur due to inefficient eligibility checks, outdated policy details and coverage errors slipping through the cracks. These deficiencies drag down cash flow and frustrate staff forced…

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Top 2 Trends Specialty Practices Are Focused On for 2024

Reading Time: 5 minutes By Chloe From Clearwave | January 22, 2024 Between economic uncertainty, rising costs, higher wage regulations and increasing patient demands, specialty healthcare practice leaders have a lot to prepare for this year. Two trends in particular demand strategic focus from specialty practices seeking to drive growth amidst these issues.  Patient attrition rates are increasing as…

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2024 Staffing Challenges in Healthcare & How to Take Action

Reading Time: 4 minutes By Chloe From Clearwave | January 8, 2024 A crisis point looms in American healthcare. According to recent projections, the United States could see an estimated shortage of between 54,100 and 139,000 physicians, including shortfalls in both primary and specialty care, in the coming years.  This staffing challenge extends beyond the clinic and into administrative…

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When Should a New Patient’s Insurance Be Verified?

Reading Time: 4 minutes By Chloe From Clearwave | December 7, 2023 Specialty practices can significantly reduce bad debt and improve collections by verifying patient insurance coverage early and often. However, manual verification is a major bottleneck and most automated solutions only verify insurance once.  Automating insurance verification is a game changer for medical practices. With a real-time insurance…

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Top 2 Trends Orthopedic Practices are Focused on for 2024

Reading Time: 5 minutes As healthcare continues evolving amidst rising costs and a shifting economic landscape, orthopedic practices must stay flexible to fuel growth in 2024. Two top trends that high-performing orthopedics are focused on this year are physician shortages and higher staffing costs. Keep reading to learn about the driving factors behind these trends, obstacles facing orthopedic providers…

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