Month: June 2012
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How much salary can Medical Coders expect in New Mexico?
The New Mexico state government has introduced an incentive program where healthcare providers will be rewarded for moving their data operations to an electronic platform to be HIPPA complaint Chronic diseases and conditions prevalent in New Mexico have led to an increase in consumption of healthcare services like laboratory studies,…
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Average Single Specialty Practices Cater to 42-49 Percentage of Medicare Populace!
That means nearly half of your total patient population comprises of Medicare beneficiaries. And, you could have remained indifferent as long as Medicare’s reimbursements continued to be as normal as private health insurance reimbursements. While physicians’ have remained immune to its impending backlash thus far, they may not be so…
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When was the last time your clinic checked the fees schedule? Streamlining your Medical Billing
Optimizing Fee Schedules for Physicians: An Overview The fee schedule for any physician practice is an important pecuniary factor that affects not just your revenue but also the way in which healthcare is delivered to the patients. Many practices fail to update their fee schedules on a regular basis which…
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Growing Trend in Medium Size Clinics Referring to Medical Billing Outsourcing
Small and Medium size Clinics: Great Expectations Small and Medium sized clinics face unique type of challenges in almost all functions of physicians and staff such as administration, revenue cycle management, Electronic Health Records (EHR) implementation, and the challenge of keeping pace with the recent health reforms. The nature of…
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Electronic Medical Billing, a preferred way improve your collections
As the insurance reimbursement environment becomes increasingly stringent, the incidence of denials, delays, underpayments, and lost or ignored claims seems to be on the rise. Consider this interesting statistics compiled by the Centers for Medicare and Medicaid Services (CMS: 70% of claims are paid the first time they are submitted;…
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How Medical Billing Services Contribute to Retaining Patients at Your Facilities
The intense competition in the healthcare industry is triggering unprecedented benefits to the patient fraternity. While the quality of medical care has improved by leaps and bounds, patients now, have choices and alternatives just in case they feel deterioration in the perceived level of medical care. This sudden shift in…
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Medical Billing Services: A Safe Passage for Denial and Delay Management
Payer denials and delays is a cause of worry for every doctor in the US. A denied or a delayed claim leads to loss of revenue for the physician. To top it all the physicians are now looking at an uncertain future working in the Medicare program due to introduction…
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