Think You’re Exempt? Organizations Unaware of NYCRR Rule 500 Could be Faced with Serious Penalties
In November of 2023, the New York State Department of Financial Services (NYDFS) amended 23 NYCRR Part 500, otherwise known as the Cybersecurity...
Strengthening Your Revenue Cycle Management With Cash Posting Best Practices
Cash posting procedures can ensure stronger cash flow for healthcare organizations ‘Cash Posting’ in medical billing is the process of recording...
Benefits of ESOP Options for your Company’s Succession Plan Strategy
Planning an exit strategy from your successful company can be difficult at times. Though options abound, one that many companies fail to consider is...
Part Two: Managing Medical Billing Claim Denials Improves Revenue-Cycle Management
Implementing a denials management strategy, leveraging data, and mitigating operations The complexities of medical billing can be burdensome to...
Managing Medical Billing Claim Denials Improves Revenue-Cycle Management
Part One: Increase in insurance denials spurs need for provider strategy It is estimated that health insurers process more than three billion claims...
Embracing the Future of ERP: Transitioning from On-Premise ERP to a Cloud ERP with Confidence
ERP Solutions Enable You to Reliably Scale Up Your Business In the ever-evolving landscape of business technology, staying ahead of the curve is...
What Not-for-Profit Organizations Need to Know about Financial Reviews
Understand the nuances of financial reviews It’s common knowledge in the not-for-profit (NFP) world that Section 501(c)(3) of the Internal Revenue...
Nonprofit Budgeting Best Practices: Planning For Your Organization’s Financial Health
Tips for a not-for-profit's current and future budgeting A well-planned nonprofit budget gives an organization’s leadership more control, increased...