by Shannon Palmeri | Jun 25, 2024 | Blog
As the financial landscape for independent medical practices continues to evolve, resilience and adaptability have never been more critical. Traditional revenue models, primarily reliant on patient care services, are increasingly vulnerable to economic fluctuations,...
by Shannon Palmeri | Jun 21, 2024 | Blog
Running an independent practice is undoubtedly a challenging task. Beyond providing exceptional patient care, you must navigate intricate financial waters to ensure the stability and growth of your practice. According to the American Medical Group Association...
by Shannon Palmeri | Jun 11, 2024 | Blog
Thrivory’s Radical Remodel The healthcare industry is a paradox. It stands on the precipice of groundbreaking medical advancements, yet its financial foundation crumbles under the weight of a prehistoric system. The current reimbursement model is a house of...
by Ashley Hayden | Jun 4, 2024 | Blog
Consistent cash flow is vital for medical practices. However, the slow and unpredictable claims reimbursement process can disrupt finances, creating a constant cash flow squeeze. This blog post explores how Thrivory can help your practice bridge the gap and compares...
by Devon Seitz | May 8, 2024 | Blog
Claim denials aren’t just minor setbacks in cash flow; they are major administrative burdens that deplete resources and lower the efficiency of healthcare operations, especially for independent physician groups. For example, in 2023, the rate of claims initially...
by Devon Seitz | Mar 27, 2024 | Blog
The healthcare landscape is constantly evolving, and with it comes a growing need for financial transparency and ease of access for both patients and providers. Traditionally, navigating medical bills and payments has been a complex and often frustrating process....