Week of November 9, 2024: New resource for billing companies + Tips to boost profits

Happy Saturday to our Intake newsletter community. After a long election season, we hope you're finding some time to recharge. This week’s issue is packed with insights to support you in driving efficiency and profitability, whether you’re running a billing company serving independent practices or managing a practice yourself.

Dive into our newly launched The Intake for Billing Companies, designed to empower billing professionals with the latest tips and best practices, industry insights, client resources, and more.

Plus, learn how a strong front desk manager ensures smooth payment collections and discover actionable tips for insurance credentialing and faster insurance payments. Also, don't miss out on our comprehensive benchmark report that covers the revenue models, operations, and industry trends of 100+ independent billing companies.

More resources in this week’s issue:

Recent Tebra research shows that patients are making complex trade-offs between cost and trust when choosing medications — with 63% opting for generics despite 62% having more trust in brand names.

The data also shows that generic medications cost 79% less on average than brand-name alternatives, presenting a significant opportunity for you to help patients manage costs without compromising care quality. Your practice can build stronger patient relationships and improve health outcomes by using digital tools to track preferences, facilitate informed discussions about medication choices, and identify cost-saving opportunities through e-prescribing capabilities.

Thank you for reading The Intake. As always, if you have questions or suggestions for future topics, please don't hesitate to drop a line at [email protected].