Top 2 Trends Dermatology Practices are Focused on in 2024

Reading Time: 4 minutesBy 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 minutesBy 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 minutesBy 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 Outdated manual insurance verification processes could be to blame.  Claim rejections often occur due to inefficient eligibility checks, outdated policy details and coverage errors slipping through the cracks.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 minutesBy 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 minutesBy 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 minutesBy 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 minutesAs 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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The True Cost of High No-Show Rates in Healthcare & How to Drop Them

Reading Time: 4 minutesBy 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 minutesBy 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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