4D Global - an Inc. 5000 company’s Post

HBMA Awards + RCM News & Insights 🏆📰

Cybersecurity Awareness Month – The True Cost of Data Breaches 💸🔒 Did you know that the average cost of a healthcare data breach in 2023 was $10.93 million? 😱 Beyond financial loss, breaches can lead to a damaged reputation and loss of trust among clients. At 4D Global, we understand the serious implications of data security and are dedicated to safeguarding sensitive healthcare information. Our ISO and SOC2 certifications demonstrate our ongoing commitment to protecting your data against evolving cyber threats. When you partner with 4D Global, you’re choosing security, trust, and peace of mind. Let’s work together to keep your data safe! #CybersecurityAwarenessMonth #DataBreach #HealthcareSecurity #4DGlobal #SOC2Certified #TrustAndSecurity

Scaling with Heart: Growing Your Billing Business with Tara Thomas 🚀❤️ New Leaders in Medical Billing episode out now! 🎧 This segment features Tara L Thomas, founder of T & T Medical Billing and behavioral health billing expert. Tune in for insights on leaning into delegation, retaining clients for over 20 years, and finding joy in medical billing. Listen to this podcast episode here: https://lnkd.in/e2jF8GV9 #MedicalBilling #Leadership #Podcast #behavioralhealth

Is outsourcing part of your medical billing company’s Q4 growth strategy? 🏥 When selecting an RCM partner, what’s the most important factor you consider? Vote in our poll or comment below! 1. Outstanding Client Support - reliable, hands-on service tailored to your needs. 2. Advanced Technology - the latest in AI & automation. 3. Security Assurance - robust security measures & certifications. 4. Values Driven - a partner that prioritizes social responsibility. We’d love to hear your thoughts! 4D Global offers solutions that check all these boxes—and more! #MedicalBilling #RCM #Outsourcing #BusinessStrategy #4DGlobal

What do you need to know about clearinghouses and cybersecurity? A clearinghouse facilitates smooth data exchange between healthcare providers and insurance companies. They process massive volumes of sensitive patient data, which is a key component in claims processing and revenue cycle management. However, with this vital role comes the responsibility of safeguarding patient information from digital threats. During a recent Senate hearing, vulnerabilities in clearinghouse operations were highlighted, and several cybersecurity solutions were proposed to protect healthcare data: 🔐 Enforcing privacy laws (like multi-factor authentication) 🔎 Increasing transparency in claims processing 🆔 Standardizing payer identification numbers 📋 Improving enrollment and testing protocols 🔗Explore more on the recent Senate hearing’s outcomes on our blog: https://lnkd.in/eEUsbE-W #HealthcareCybersecurity #Clearinghouses #MedicalBilling #4DGlobal

Did you know that outsourcing routine billing tasks can actually increase employee satisfaction? 🔎By allowing your team to focus on what they do best rather than time-consuming processes, you create a positive work environment that supports growth and retention. 🌟Partnering with an RCM expert like 4D Global not only boosts your operational efficiency but also contributes to a happier, more focused workforce. Learn more about how outsourcing can transform your medical billing business in one of our latest blogs: https://lnkd.in/ez9NWQXG 🌟 #MedicalBilling #RCMOutsourcing #EmployeeSatisfaction #4DGlobal

October Is Cybersecurity Awareness Month and 4D Global Is Setting the Standard in Data Security. 🔒Protecting sensitive data is more critical than ever. As a leader in medical billing outsourcing, 4D Global takes cybersecurity seriously, and we've taken concrete steps to ensure your information is secure. We're proud to hold the Service Organization Control 2 (SOC2) certification, the gold standard for data security in the industry. This certification isn’t just a formality—it’s a rigorous audit of our ability to manage your data with top-notch privacy and security measures. By implementing these strong protections, we set the bar for cybersecurity in healthcare revenue cycle management. Your trust drives us to lead with the best security practices continually. Reach out to learn more about how we keep your data safe. https://lnkd.in/e7wmaP8a #CybersecurityAwarenessMonth #DataSecurity #SOC2Certified #MedicalBilling #4DGlobal #LeadersInSecurity

🎙️Celebrate International Podcast Day by tuning into the Leaders in Medical Billing podcast! 🎧 Join conversations with medical billing with industry experts who share insights and strategies to enhance your practice's financial health. Whether you're a seasoned pro or new to the field, there's something for everyone. Listen, learn, and lead with us! https://lnkd.in/e9wn9pys #InternationalPodcastDay #MedicalBilling #LeadersInMedicalBilling #4DGlobal

🔍 What Medical Billers Need to Know: CMS CY 2025 Physician Fee Schedule Highlights 📉 The 2025 Physician Fee Schedule proposes a slight increase in the conversion factor, which is a reduction from the temporary 2024 increase. This affects reimbursement rates and revenue. 🌐 Expanding Medicare telehealth coverage introduces new billing codes and regulations, crucial for proper reimbursement. 📝 New HCPCS G-codes for advanced primary care and updates in various services demand adjustments in billing systems. 🎯 Continued emphasis on MIPS with stable performance thresholds requires meticulous data reporting to maximize incentives. Stay updated to navigate these changes effectively! If you're confused about these upcoming coding changes and what they mean for your business, reach out to speak to one of our experts today. Read more here: https://lnkd.in/eAqrw9s6 #MedicalBilling #HealthcareFinance #CMS2025 #Telehealth

📊When measuring your outsourcing success, look at these aspects to help you adjust or enhance your outsourcing strategy for better alignment with business growth goals. 😁 Customer Satisfaction: High satisfaction rates from customers signal that your outsourcing partner meets or exceeds expectations, reflecting positively on your brand. 🤝 Employee Retention: A provider with high employee retention suggests a stable and engaged team, ensuring continuity and deep integration with your operations. 📈 Process Efficiency: Effective use of resources highlights optimal performance, leading to cost savings and improved service delivery, which are crucial for customer satisfaction and operational success. Cost Savings: Significant cost reductions validate the financial viability of outsourcing, showing not just savings but also the efficiency of the partnership. 📉 Resolution Rate: Are you measuring resolution rate? It's not about how many claims are touched, but how many are actually solved. This metrics measures the efficiency of the billing process and the effectiveness of your team. 🚀 Ready to optimize your outsourcing strategy? Let's make your business more efficient together and evaluate your potential growth metrics. Contact us today for a discovery call with one of our medical billing business experts.