Radiology is the most fragmented specialty with primary patient care and consultation as the major focus. A radiologist plays a role as a consultant covering various medical imaging for other specialty diagnoses. A radiology practice is sequenced according to the geographic area, radiologist struggle with a different universal set of medical practices. It’s cumbersome for […]
Radiology Billing : Better Management Can Lift Revenue and Decline Your Denials
Read More.. Radiology Billing : Better Management Can Lift Revenue and Decline Your Denials
What Medical Billing Resolutions Should Be Followed For Your Medium – Sized Practice?
It has become imperative in this ever-changing healthcare environment to focus on a medical billing practice’s financial health. In the case of small and medium-sized practices, ancillary services are added, but the best way to increase revenue is by focusing on efficiency. Some Billing Suggestions For Medium-Sized Practices Are: Patient Collections: This must be a […]
Inquisitive Questions to Ponder Upon Your Oncology Practice
As with other specialties, oncology Practice to undergoes recurrent technological and process changes. This affects the entire revenue cycle of this clinically focused specialty; be it in the documentation, billing, and coding or filing of claims. Hence, apt coding is mandatory for timely collections/reimbursements in oncology practice. As per the American Society of Clinical Oncology […]
How Will Patient Engagement Affect Your Value-based Reimbursement?
Patient Engagement is an invitation for participation with shared decision-making and to create a take on aspects of communication-channels which will provide the patients the benefit of managing their own health under the care of physicians or with the member of the healthcare team. An activated or engaged patient will provide the healthcare system with […]
OB-GYN Billing: The Cross Road Between Over Coding and Perfect Coding
Efficient billing practices enable stronger financial health for OB-GYN billing with appropriate reimbursement being at the forefront. The focus is to ensure denial of free claims and a subsequent increase in revenue for OB-GYN Billing, has been significant for the clients. Gain an edge over the competitors with a smooth billing process that will leave […]
How to Sync Revenue Cycle Management (RCM) with Patient Care?
Healthcare organizations are seeking improved Revenue Cycle Management (RCM) process to promote robust revenue growth. The main performance parameter to understand the depth of your revenue cycle management (RCM) is to sync medical billing with patient care. Before the providers start syncing the patient care with RCM they need to identify the key performance parameters […]
How can Physicians Improve AR Days?
For you to improve the accounts receivable (AR) of your practice there are many different factors that come into consideration. Your quality of patient care is one such important factor that will contribute to attracting more patients. To improve the patient care for your practice things need to be systemized; we have to sync the work […]
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. let’s understand why it is important to know Payer and Gross Collection Ratio for Podiatry with respect to MIPS. Podiatrists will not be able to succeed within the MIPS payment structure without […]
5 Tricks in Medical Practice’s to Improve your Accounts Receivable
Insurance companies are increasingly inventing complex and new sets of rules for the medical procedure which has resulted in loads of denials and underpayment. Doctors and pharmacists are increasingly finding it difficult under the ever-changing federal laws for practice and drugs. The recent data will also show the plight of doctors. Your Improve your Accounts […]
Importance of Reviewing your Medical Practice’s AR Aging Report
It’s pretty much obvious that you as a medical practitioner know the importance and impact of claims getting denied and knowing your billing team is following on them. However, one critical element to understand here is have you arranged your AR into buckets based on the number of days they’ve remained unpaid? Your biggest claim […]
