Top Reasons to Outsource Your Medical Coding
Many businesses employ in-house personnel to manage this task, but the majority of them are unaware of the most recent insurance requirements, modifiers, and billing codes. Some have delegated billing to their office managers and receptionists, resulting in numerous problems in the collection process due to erroneous Coding. As...
The Impact of Covid on Patients and Health Care Industry
Covid’s Impact on Patient Retention For the past two years, the entire world has been combating the pandemic. The latest Omicron version serves as a reminder that the battle continues. However, during the pandemic we have learned that people are resilient and can overcome and adapt to any...
In 2022, how can you plan your strategy for generating more revenue?
As we move into the New Year, physicians, their billing teams, and the hospital medical billing industry as a whole are look over strategies that could yield better results.In response to a global pandemic that has triggered several permanent and temporary changes over the last two years, revenue cycle...
Why Do Providers Need To Be Credentialed?
Provider credentialing is crucial in ensuring that healthcare providers are competent and legal. Verifying a provider’s credentials happens at the time of their application for employment with an organization. Your patients deserve the best care, right? The best way to accomplish this goal is to ensure that they...
How Can Outsourcing Your Pathology Billing Services Help You?
Nearly every specialty area of medicine is impacted by pathology. The most efficient ways to treat specific ailments are guided by the knowledge and research of pathologists, who are specialists in human illnesses and infections. Additionally, they work on building technologies and processes to treat illnesses as well. Pathologists...
How Can You Benefit From Outsourcing Your ASC Billing?
Operating an independent medical practice becomes more challenging every year. The impact of reimbursement may be affected by new regulations, coding updates (as in the case of EM coding in 2021), payer rule changes, and performance measures. Many healthcare practices struggle with choosing between in-house or outsourced revenue cycle...
How Can Your DME Billing Process Be Optimized To Speed Up A/R Collections?
In any healthcare setup, efficiency is the key to success.Your success depends on your ability to innovate and improve patient experiences while reducing costs and avoiding mistakes. It is therefore crucial to have an efficient medical billing system to achieve these goals. When you don’t have an experienced...
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...