The True Cost of High No-Show Rates in Healthcare & How to Drop Them

Reading Time: 4 minutes By Chloe From Clearwave | November 10, 2023 Missed appointments are an inconvenient but common occurrence in healthcare. Patient no-shows create a significant financial blow to healthcare practices. While they may seem part of the trade, practices are finding unique ways to truly cut no-show rates, improving efficiency and their bottom line. See the actions…

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3 Strategies to Speed Up The Patient Payment Journey

Reading Time: 4 minutes By Chloe From Clearwave | October 23, 2023 When payments are slow it’s frustrating for healthcare providers, meanwhile patients may be confused or unaware of these past-due balances. With rising costs and frequent patient insurance policy changes, it’s no wonder that accounts receivable cycles are getting longer. In fact, 56% of medical groups reported their…

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How to Reduce Insurance Eligibility Training Time at Your Practice

Reading Time: 5 minutes By Chloe From Clearwave | October 9, 2023 Verifying patient insurance eligibility is a critical yet often cumbersome process for healthcare practices. Between time-consuming manual phone calls, patient care, and keeping staff trained on each complex step, it’s easy for this vital task to become a bottleneck. By embracing automation, practices can reduce insurance verification…

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Achieving Practice Growth: A Physician’s Perspective

Reading Time: 5 minutes Increasing practice growth is not just a goal, but a necessity for specialty physicians in today’s healthcare landscape.  According to the Medical Group Management Association (MGMA), top-performing practices have demonstrated the potential to generate nearly $138,522 more revenue per year per full-time physician compared to their counterparts. This impressive statistic underscores the importance of optimizing…

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4 Revenue Benefits of a Healthcare Scheduling Software System

Reading Time: 4 minutes By Chloe From Clearwave | September 5, 2023 One technological solution that has proven to be a game-changer for patient acquisition and practice success is patient self-scheduling software. These systems offer a range of benefits that not only streamline scheduling processes but also have a positive impact on the revenue streams of specialty practices. Keep…

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How Top-Earning Cardiologists Are Scheduling More Patients to Boost Profits

Reading Time: 6 minutes Updated by Blakely Roth | June 20, 2024 There is transformative potential for patient self-scheduling specifically tailored to cardiology practices.  In a survey, a staggering 82% of patients expressed a strong preference for providers who offer online scheduling. Gone are the days of waiting on hold, playing phone tag, or navigating complex scheduling processes. The…

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Use Automatic Appointment Reminders & Communications to Bring in More Patients

Reading Time: 5 minutes By Chloe From Clearwave | August 7, 2023 In today’s dynamic healthcare landscape, effective communication is crucial for getting patients back in the office, increasing patient value and fostering loyalty. Alongside automatic appointment reminders, healthcare providers have an array of communication tools at their disposal to increase patient revenue and satisfaction.  Recent statistics highlight the…

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6 Reasons High-Growth Medical Practices Use Check-In Kiosks

Reading Time: 5 minutes By Chloe From Clearwave | July 17, 2023 Check-in kiosks have become increasingly popular in various industries, especially medical practices. These self-service stations provide an efficient way for patients to check in for their appointments and make payments, while saving staff the time it would take to check in hundreds of patients a day. Keep…

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3 Automated Ways to Fuel Dermatology Practice Revenue

Reading Time: 4 minutes By Chloe From Clearwave | July 3, 2023 In today’s rapidly evolving healthcare landscape, it’s crucial to leverage automation and technology to stay competitive and optimize your practice’s financial performance. By implementing a patient revenue platform, you can enhance front-desk efficiency, elevate patient satisfaction and retention and maximize revenue capture. Keep reading to learn three…

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3 Ways OBGYN Practices Increase Revenue During the Global Period of Care

Reading Time: 5 minutes Updated by Blakely Roth | June 20, 2024 Ensuring a healthy revenue stream is vital for the financial well-being of Obstetrics and Gynecology (OBGYN) practices, especially during the global period of care. This specific period poses unique challenges that can affect the practice’s financial stability and hinder investments in patient care. However, by implementing effective…

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