Latest Updates about Medical Billing
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Chiropractic billing and coding has undergone significant overhauling in the previous years given changes in insurance practices, automation of data recording...
Medical audit is without doubt the most difficult time that any medical practice may have to survive. It involves scrutiny of medical records, critical...
One of the biggest financial burdens on any medical practice is that of medical audit. Even though it is a necessary evil in the healthcare industry,...
Medical practices need to have a quality billing software that will not only automate error-prone billing tasks and code claims properly but also help...
Family practices lose approximately 10-20% of revenue every year due to coding errors. Due to this, it becomes important to have a team of certified,...
Due to variations in health plans, physician performance and rise in healthcare costs, a significant number of practices in the US are implementing pay...
Dental practices need to streamline their billing tasks in order to enhance revenue collection. Accuracy needs to be exercised in coding, billing, timely...
A large number of healthcare providers are not worried about their practice’s billing procedures as long as the revenue is coming. Some choose to...
Accounts receivable is money owed to you by your patients which makes AR management extremely important for running a successful medical practice. If...
Dental billing software can be a huge investment for dental practitioners. Even though it is a onetime investment, it is essential to make the right choice...
A denied claim can be quite frustrating for practices as well as medical billers. If the payer refuses to pay due to minor errors in coding or technicality...
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[...] In case of claim denials, every medical practice goes through the time-consuming procedure of dealing with a health insurer. Claim denials [...]
[...] Claim denials are experienced by every medical practice; however, the percentage varies on the basis of how effectively medical billing tasks are [...]
Physician earnings have remained almost stagnant in last few years even though the government has been offering bonuses for EHR implementation and pri [...]
[...] out of control. However, opting for debt professionals is not always the best option for a medical practice to retrieve payments. There are ways with … Continue reading → [...]
[...] Finding trained billers and coders is one of the major challenges faced by medical practices. Shortage of certified coding specialists has not just affected the revenue cycle of small, [...]
[...] At a time when medical practices are finding it difficult to meet the Privacy and Security requirements of HIPAA, changes [...]
[...] retrieving the amount; however, patient payment lapses should not be a common occurrence for medical practices. If you want to get your account receivable … Continue reading → [...]
[...] ICD-10 implementation will be having an impact on the IT infrastructure of medical practices. Physicians will have to assess whether or not the new, ICD-10 ready EHR and practice [...]
[...] insurance services, the U.S. healthcare system is heavily dependent on the success of healthcare reforms to improve care standards. All healthcare reforms are currently focusing on two parameters [...]
[...] Healthcare reforms have not only increased workload but also forced physicians to concentrate on quality [...]
[...] services have seen an increasing growth in present day healthcare industry. With healthcare reforms now allowing optometry practitioners to prescribe medications and perform minor [...]
[...] a difficult task considering the lack of time and trained staff for handling pressures of healthcare reforms. Striking … Continue reading → [...]
[...] Medical billing helps reduce claim denials thus minimising losses that arise due to late payments and manual [...]
[...] Medical billing has become a challenging task for OB/GYN practices. Complexities have started taking a toll [...]
Profitability is often a much desired yet elusive state which most medical practitioners strive towards yet fail to arrive at without conscious planni [...]
[...] by every medical practice; however, the percentage varies on the basis of how effectively medical billing tasks are handled. Providers can bring down denial rates below 5% if they invest time and [...]
There’s a joke “The best day in chiropractors life is the day when she gets a computer, and the next best day is when she gets rid of it&r [...]
With the introduction of HIPAA 5010 federal mandate and inclusion of ICD-10 standard for electronic billing processing, there is an immediate requirem [...]
In many ways, healthcare reforms have opened doors of opportunities for rural hospitals but the changes in healthcare system have also imposed certain [...]
Physician earnings have remained almost stagnant in last few years even though the government has been offering bonuses for EHR implementation and pri [...]
[...] single denied claim can prove critical to the financial health of their practice. What medical billing services expertise is … Continue reading → [...]
[...] If you are looking for an effective cost-cutting strategy, outsource your medical billing services to a billing partner. Since a separate, well-trained team will be taking care of your [...]
[...] Medical billing services is a nuance that has to be handled carefully to ensure financial viability and sustained [...]
Dental medicine has been suffering from the far reaching effects of the economic meltdown. Dental benefits are the first ones to be revoked by employe [...]
Dental medicine is often seen as a highly profitable healthcare stream with guaranteed long term returns. However, what most people fail to understand [...]
Medical billing services is a nuance that has to be handled carefully to ensure financial viability and sustained profitability of your medical practi [...]
When compared to traditional healthcare providers, chiropractors face more issues in terms of amount and type of documentation. While an average busy [...]
Revenue management or revenue cycle management is increasingly becoming one of the most vital functions in healthcare industry. For any care provider [...]
[...] Chiropractic billing and coding has undergone significant overhauling in the previous years given changes in [...]
[...] with the deadline extension; however, anxiety of its impact continues to prevail among chiropractic practices. ICD-10 will affect coders as well as the entire operation, pushing practices to prepare [...]
Many allege that ICD9 codes lack the ability to precisely describe low-intensity conditions particularly pertaining to physical therapy, home care etc [...]
Are you struggling to maintain the presence of your practice in the market? Do you have the required training for handling the business and legal area [...]
[...] In case of claim denials, every medical practice goes through the time-consuming procedure of dealing with a health insurer. Claim denials [...]
[...] Claim denials are experienced by every medical practice; however, the percentage varies on the basis of how effectively medical billing tasks are [...]
Physician earnings have remained almost stagnant in last few years even though the government has been offering bonuses for EHR implementation and pri [...]
[...] out of control. However, opting for debt professionals is not always the best option for a medical practice to retrieve payments. There are ways with … Continue reading → [...]
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