TPA Stream Blog

A Simple Explanation of Revenue Cycle Management

Healthcare administration costs have been a hot topic recently. Hospitals and physicians are attempting to cut costs on administration, which can contribute up to 25% of total healthcare costs. One of the major reasons healthcare administration is so expensive is … Continue Reading

Featured Post

Why are Healthcare Providers Outsourcing Billing Functions?

In today’s changing health care industry, hospitals and physicians are constantly looking for ways to reduce their costs and increase profits. With hospital administrative costs now exceeding 25 percent of their expenses, healthcare providers are searching for innovative ways to … Continue Reading

Featured Post

Why is Health Insurance Administration driving up the cost of Health Insurance?

Health Insurance Administration is an essential part of the claims and filing process. This extremely complex process, coupled with the numbers of payers in the system leads to increased costs for service providers and insurance companies to maintain. Private pay, … Continue Reading

Featured Post

Why is Healthcare So Expensive?

This is a common question that many Americans are asking themselves these days. According to the Bureau of Labor Statistics, care prices rose 4 percent in 2016 and the increasing prices appear to keep rising. Americans are also spending more … Continue Reading

Featured Post

3 Health Insurance Tips for Small Employers

As we approach Summer 2017, you may think it is too early to begin thinking about your health insurance coverage for 2018. However, we believe now is the best time to start weighing your options. We’ve outlined 3 health insurance … Continue Reading

Featured Post

What is Debit Card Substantiation?

Debit card substantiation is the process of verifying that purchases made using a debit card for flexible spending accounts (FSA) or health reimbursement arrangements (HRA) were for an eligible medical expense. These purchases must be substantiated per IRS guidelines. If … Continue Reading

Featured Post

What is EOB Harvesting Software?

For years, one of the biggest challenges for small employers with HRAs (Health Reimbursement Arrangements) and FSAs (Flexible Spending Accounts) was that employees were required to submit receipts and EOBs (Explanation of Benefits) for every claim.  Many employers have gotten … Continue Reading

Featured Post

The Benefits of Health Reimbursement Arrangements (HRAs)

Health Reimbursement Arrangements or HRA’s allow employers to fund accounts for employees to assist in paying for medical expenses not covered by insurance. In contrast to HSA and FSA accounts, only employers may contribute to these accounts for employees. HRA … Continue Reading

Featured Post

How Health Care Debit Cards Work

You’ve opened a FSA, HSA or HRA account with your employer and have been issued a debit card to use for eligible health care expenses, but how exactly does this card work and when can you use it? A debit … Continue Reading

Featured Post

What is a Flexible Spending Account (FSA)?

Flexible Spending Accounts (FSAs) are pre-tax health accounts where a predetermined amount of money is deposited directly into the account by the employee. An employer can also choose to contribute to the FSA account, but this is not mandatory. The … Continue Reading

Featured Post