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Simple Solutions to Your Reimbursement Problems! |
Billing Audits for Physician Groups |
Physicians groups can avoid billing audits by bringing substantial changes in the way they do business. From ensuring error-free documentation to maintaining a smooth flow of communication between the billing staff and physicians, there are several ways with which physician groups can prevent billing audits. |
Industry Trivia |
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- Medicare RACs are expected to initiate more Medicare claims audits & perform increased unscheduled onsite visits to solo & group practices in near future
- According to Medical Billing Advocates of America, errors are found in at least eight out of 10 medical bills, costing money to patients & insurance companies
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Efficient practice management equals to higher revenues! |
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What is causing Growth in Demand for Coders and Billers in 2016? |
As government regulations become more complex and population continues to age, demand for certified and experienced medical billers and coders is expected to increase. According to the industry experts, it is a great time to become a medical biller or coder because the market for coding and billing is already strained and increased demand is driving up salaries. |
Industry Facts |
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- According to the projections made by US Bureau of Labor Statistics, the medical billing and coding field will experience a 22% increase in number of jobs through the year 2022
- According to the AAPC (American Academy of Professional Coders), compared to the 7.4% national, unemployment rate of coders is only 1.7%
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