Blog Posts by Tag: Medical Device - Remote Patient Monitoring
Effective Compliance Programs are Essential to Manage Risk While Driving Growth for IDTFs (Part 4 of 4)
In the final part of this four-part blog series, we focus on effective compliance programs for independent device testing facilities (IDTFs) revenue cycle management (RCM). If you missed the first three blog posts, you could find them here.Any review of the RCM process needs to include compliance considerations. Compliance requirements keep changing, and a misstep can result in lost revenues,...
Effective Billing Strategies to Drive Growth and Value While Decreasing Total Cost of Billing for IDTFs (Part 3 of 4)
Jessica SubletteDirector of Revenue Cycle, XIFIN Marissa GeracheSenior Customer Service & Account Manager of MDx, XIFIN As we explored in part 1 and part 2 of this 4-part series, some independent device testing facilities (IDFT) businesses fail to recognize just how important and complex the...
Effective Billing Strategies to Drive Growth and Value While Decreasing Total Cost of Billing for IDTFs (Part 2 of 4)
Jessica SubletteDirector of Revenue Cycle, XIFIN Marissa GeracheSenior Customer Service & Account Manager of MDx, XIFIN As we explored in part 1 of this 4-part series, many companies in the independent diagnostic testing facilities (IDFT) business fail to recognize just how important and complex...
Effective Billing Strategies to Drive Growth and Value While Decreasing Total Cost of Billing for IDTFs (Part 1 of 4)
Jessica SubletteDirector of Revenue Cycle, XIFIN Marissa GeracheSenior Customer Service & Account Manager of MDx, XIFIN Several factors are driving the growth of independent diagnostic testing facilities (IDTFs). For example, 80% of seniors, ages 65 and higher, have at least one chronic disease...
Improving Reimbursement for Remote Patient Monitoring and Medical Devices by Leveraging Real World Data
The diagnostic industry is benefiting from new innovation and data collection opportunities provided by telemetry, wearable diagnostics, and remote patient monitoring devices. These devices are collecting more patient diagnostic and monitoring information than ever before. They also help to save time in the diagnosis and treatment process, reduce healthcare costs, and help physicians monitor...
When It Comes to Billing and Cash Collection, Remote Patient Monitoring and Medical Device Companies Can Learn from Clinical Laboratories
As consumers, we often take for granted the experiences we have in pharmacies, physician offices, and sometimes even hospitals. In these situations, we have direct interactions with the service provider, and usually know ahead of time what we can expect in terms of cost. Sure, there are exceptions, but as a general rule, we have a better understanding of the expenses for these types of services...
Physician Adoption of Remote Patient Monitoring Services in Healthcare
The emergence of wearable devices for remote patient monitoring is rapidly helping physicians improve patient care along with having the potential to dramatically lower healthcare costs. According to Goldman Sachs, remote patient monitoring provides the potential for 200 billion dollar annual savings in healthcare costs, targeting the fields of heart disease, COPD/Asthma and diabetes...