Rising operational costs, changed payer policies, decreasing reimbursement, and increased compliances adversely affect the financial health of the family practice. In addition, operational inefficiencies and waste cut even deeper into profits and income. A certain amount of each factor is inherent in any family practice. In this blog, we shared ways your family practice might […]
Maintaining Financial Health of Your Family Practice
Read More.. Maintaining Financial Health of Your Family Practice
What are the Most Common Family Practice CPT Codes?
2020 began with many significant billing and coding updates for family physicians. A study found that Family physicians could not bill for all the services provided in the majority of their visits because CPT codes for medical billing did not cover the services, a study found. Family practice medical billing services ensure providers do not […]
Maximizing Family Practice Revenue by Implementing These Strategies
Since family practices face many factors that make getting paid more challenging, getting proactive about billing procedures is more important than ever. Being proactive and preventing problems before they occur can help your family practice maximize revenue, ensuring you’re adequately reimbursed so your practice can continue providing quality patient care. Every year, medical providers in […]
Family Practice: Boost Your Revenue With Minimal Efforts
Overview of Family Practice Few of us believe that family practice physicians are adequately paid for the valued care they deliver to patients and the health care system. As an established medical billing and coding organization, we regularly observe how desperately clinicians need primary care payment reform. Agreed that there is a better future for […]
Managing different situations at a family practice
The family practice is an intermediate between the patient and a specialty doctor. As most family practice doctors today grapple with the complexities of billing and regulations, finding an easy solution remains elusive. Managing different situations at a family practice is becoming a growing concern, especially as specialists prepare for real-life healthcare challenges. Increasing workplace […]
Family Practice Billing: Things To Lookout For In 2020
Like other healthcare specialties, family practice billing also depends upon apposite and timely documentation and communication with patients and insurance payers. The doctor’s office starts the process by serving a patient and documenting the normal SOAP notes. Next, the medical coder translates the visit into the appropriate numerical codes that allow for easier communication with […]
Reduce no shows in your Family Practice and Increase Revenue
Family Practice and Increase Revenue Family practice and increase revenue are closely linked, and reducing no-shows plays a critical role in achieving this. By implementing strategies such as automated appointment reminders, flexible rescheduling options, and a transparent no-show policy, you can decrease the number of missed appointments and optimize your scheduling. This proactive approach not […]
5 Common Mistakes Physicians Commit with their Family Practice Billing
The family practice medical service is all-encompassing and involves more than one field of medicine. Ideally, medical billers who work for family practice need to have extensive knowledge of diagnosis and procedure codes commonly used by the physician. This ensures that patients and insurance companies are billed corarectly. It also guarantees that the physician receives […]
5 Tips about Family Practice to Improve Revenue Instantly
In today’s competitive healthcare space, as you’re dealing with crushing administrative burdens and rising operating costs, you need every tool at your disposal to keep your practice profitable. Here we explained 5 essential tips about Family Practice to improve revenue instantly. Tips about Family Practice to Improve Revenue instantly 1. Reduce Administrative Burdens Around 50% […]
Medical Coding and Billing Changes for Family Practice in 2015
The CPT 2015 will have approximately 550 new, revised, or deleted codes. It will also include revised guidelines and terminologies. These changes will affect family medicine physicians, cardiologists, radiologists, and internal medicine practitioners too. Similar to other medical specialties, family medicine will have to gear up for dozens of new and revised vaccine codes in […]
