How To Increase Practice Collections In 5 Steps?
The responsibility of patients for their financial obligations is an essential part of revenue cycle management, but when patients fail to do so, doctors and their practices suffer the consequences. Since 2000, U.S. hospitals have incurred over $502 billion in uncompensated care expenses, according to a report by...
How To Improve Medical Coding Quality For Proper Reimbursement?
To ensure proper reimbursement, what can be done to improve medical coding quality? Although the medical coding process often gets overlooked, it is an essential part of the healthcare revenue cycle that, when done insufficiently, can have an impact on every step that follows. To ensure that claims...
What Are The Top Things to Keep in Mind While Billing Telemedicine?
Telemedicine was once a cutting-edge form of medical care, but has become a popular choice among health care providers in recent decades. Telehealth adoption is growing faster than any other medical care solution, with an overall growth of 53% based on a recent report by the American Medical...
How Can You Ensure A Higher Clean Claims Submission Rate?
Are you aware of the number of claims your practice or centre submits daily to carriers? What percentage of those claims are paid at the first submission? If you are denied a claim by a carrier, it accumulates in your account. Revisions must be made to these claims, denials...
What Are The Steps You Can Take To Avoid Medical Billing Denials?
Taking These Steps Can Help You Avoid Medical Billing Denials The focus of healthcare providers is on two things: delivering the best possible care to their patients and getting paid. Receiving timely and complete reimbursements is difficult with denied claims. You will need additional workforce to appeal denials, which...
Why Is It a Good Decision To Outsource Your Medical Billing Services?
There is no longer anything new about medical billing outsourcing. This approach is now widely accepted. With its streamlined processes, superior systems, state-of-the-art technologies, economies of scale, knowledgeable and experienced workers, it typically results in larger cost savings and outcomes. Managing medical billing and coding successfully is proving to...