Author Archives: MedicalBillersandCoders.com

What do Providers and Medical Billers Need to Know about the Final MACRA Rule?

Indicating a departure from the volume based, fee-for-service model, MACRA now replaces the SGR – sustainable-growth-rate-formula to control Medicare costs. The MACRA rule is all about linking Medicare reimbursements to the quality metrics with the medical billers which will be … Continue reading

Posted in MACRA, Medical Billing, Medical Billing Company, Medical Billing Services, Medical Coding, Medicare Medicaid, Practice Administration, Practice Management, Revenue Cycle Management (RCM) | Leave a comment

How is Drug Spending Affected in the Year 2017?

Per capita spending on prescription drugs in America is far more when compared to other countries of the world. Thus, Pharmaceuticals spending shares a significant and still growing share in the country’s healthcare expenditure. This constant surge in drug spending … Continue reading

Posted in Accounts Receivables, Medical Billing, Medical Billing Company, Medical Billing Services, Medical Coding, Medicare Medicaid, Practice Administration, Practice Management, Revenue Cycle Management (RCM) | Leave a comment

How providers must implement strategies to collect on outstanding patient balances?

As reforms continue to alter in the healthcare industry, it is affecting practitioners/hospitals, insurance providers and patients. Deductibles are increasing and the payments are increasingly becoming the patient’s own responsibility. Therefore, patients are becoming more involved and active regarding their … Continue reading

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Critical Trends Affecting the path of your Optometry Reimbursement

The industry of medical billing and coding is an ever evolving and developing industry. New advancements and techniques have totally changed the way medical billing professional perform their daily activities. As of late, optometry practices have been compelled to change … Continue reading

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Tips to Calculate Payer and Gross Collection Ratio in Accordance with MIPS for Your Podiatry Facility

The net collection rate is an essential medical billing metric to measure the ability of your practice to collect the money it owes. Podiatrists will not be able to succeed within the MIPS payment structure without a QCDR. While it … Continue reading

Posted in Accounts Receivables, Medical Billing, Medical Billing Company, Medical Billing Services, Medical Coding, Podiatry Billing, Practice Administration, Practice Management, Revenue Cycle Management (RCM) | Tagged , , , | Leave a comment