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Simplify Billing & GST for Startups with KOKA Books: A Complete Guide

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  Starting a new business is exciting. You dream big, chase customers, and build your product. But soon, things like billing and Goods and Services Tax (GST) rules start to feel like a heavy weight. This complex stuff can slow you down and pull your focus from what matters. It’s hard to grow when you’re tangled in paperwork. Many new companies struggle to manage invoices, keep track of payments, and follow all the government tax rules. Missing a step can lead to big problems. This is where KOKA Books comes in. It’s a complete answer built to take these tough tasks off your plate. KOKA Books helps you see your money, get paid faster, and file your GST returns without mistakes. This way, your business can take off. Understanding the Startup Billing & GST Landscape The Challenges of Manual Billing for Startups Trying to handle invoices by hand can lead to many headaches. It often means wasted time and more chances for errors. This old way holds back new businesses from mov...
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The benefits of working with a patient-focused revenue cycle management company

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   Revenue cycle management (RCM) remains one of the biggest struggles of healthcare practices. RCM is the process of handling revenues and includes managing, maintaining, and increasing the revenue stream for the business. A revenue cycle management company  works on addressing the revenue challenges of healthcare practices and builds practices that streamline and maximize revenue generation.   There are several such RCM third-party service providers in the market. How does one choose the right brand to be associated with? Patient-focused revenue cycle management   could be the answer.   A patient-focused revenue cycle management company  does everything a traditional RCM company does. However, these RCM companies always set their end goals toward patient experience and patient satisfaction.    This could mean the difference between a mediocre and an exceptionally great healthcare practice.    The challenge with current RCM process...
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How important is denial recovery services for a healthcare practice?

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  Denial management service is something that’s becoming a norm with more healthcare practices. You either have an in-house denial management team or hire an expert from outside. Denial recovery services , which is the same yet different than denial management services, is a new concept that’s gaining popularity in the healthcare RCM industry.   What is denial recovery service, and how is it different from denial management?   Denial management is the comprehensive process of identifying the root causes of denials, taking organization-wide strategies to address these problems, and trying ways to reduce the rate of denials.   Denials recovery service  is a part of denials management and is laser-focused on saving denied claims. As the name specifies, this is aimed at recovering claims that would otherwise have to be written off.   Some denials are hard denials, which means there is nothing you can do about them. Soft denials, however, have room for recovery,...
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Top 5 Challenges Affecting Revenue Cycle Management Services in 2023

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  Revenue Cycle Management (RCM) is an integral part of healthcare systems and helps keep bills paid, denials low, bills paid, and revenues flowing. While some practices opt to handle Revenue Cycle Management services  in-house, most of them take the help of third-party service providers to handle the most important part of their backend operations.    RCM strategies and processes keep getting updated over time. Every year, RCM experts need to learn, unlearn, and relearn what they know if they want their skills to be relevant. Here are five top challenges affecting Revenue Cycle Management services in 2023. Handling these challenges would help improve the services rendered and make a difference.   1.   The importance of prior authorization and verification   The insurance payers are going to require more services, and patients have prior authorization before they receive a service. With the need to quickly get appointments and treatments offered to pa...
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Data mining with reports, analytics and insights in medical billing and coding 

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Data mining is the analysis of large amounts of data to find out trends and patterns that you can use to predict future outcomes. Reports, analytics and insights are three of the most popular words in the medical billing and coding industry right now. Every expert out there is talking about these, and RCM companies are investing time, money, and resources in strengthening their analytics wings.   Data analysis is everywhere, and this is the future for most industries, including healthcare. While larger hospitals and practices have data analysts who pick up front-end trends and offer strategic solutions to the management, it is the billing and coding team that needs to analyze the backend trends in order to strengthen RCM practices.   Healthcare analytic tools, when used strategically, can help overcome business challenges and make RCM more streamlined and precise. Reports, analytics and insights  include steps taken by the backend team to generate reports, analyze them, ...
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