The New Coding System Expected to Bring Huge Changes: Learning how to Transit Form ICD-9 to ICD-10!

Medical Coders prepare for this change… Learning New Codes and getting specific: According to the Centers for Medicare and Medicaid Services (CMS), the transition to ICD-10 is occurring because ICD-9 produces very limited data about patients’ medical conditions and hospital inpatient procedures. Medical coders need to be prepared with these new codes as: The ICD-10 […]

Implication of Stage 2 delay on Cardiology Practices – equipped with medical billing support

“Irrespective of the decision, it may be fool-hardy to assume that cardiologists themselves will be able to elevate their practices to the requisite demands of Meaningful Use Criterion. Therefore, it is becomes imperative that they avail proven services from credible sources for medical billing solutions.” The recent decision by the U.S. Department of Health and […]

Health reforms and its Effect on Medical Billing in Hospitals and in Small Practices

The processes carried out in hospitals are very different from those carried out in small practices or solo settings. The difference does not just stop at the volume of care that is provided but is also related to the quality and the difference in the processes that are carried out. Although about thirty percent of […]

The Role of Medical Billing Companies amidst Healthcare Reforms

Medical billing is one of the most important factors in a physician’s practice and can be the reason for the financial affluence of the practice. Medical billing services are not just limited to billing and submission of claims for payment to insurance companies and government payers. Such services usually entail numerous other responsibilities such as […]

Job Opportunities: A New Positive Outlook for New Physicians Amidst Healthcare Reforms

The shortage of physicians, the health reforms, the skyrocketing costs of health care , the Medicare cuts worry and the influx of health IT into the health industry has created a bit worrying albeit a dynamic environment. Although there are critics who oppose the health reforms and suggest other methods, there are optimistic physicians as […]

Private insurers leaning towards Medicare and Medicaid to maintain profitability amidst healthcare reforms

Over the past 3 years, rise of 36% to 42% has been depicted in the share of large insurers’ revenues due to federal programs – Medicare and Medicaid. According to the research division of Bloomberg- insurers are likely to further increase their reliance on federal government post the implementation of the health-care law in 2014, […]

Dispelling Hospitals’ Reluctance in Adopting Alternative Therapy & Medical Billing

“As much as its popularity amongst larger population of patients, Alternative Therapy may well become a viable alternative in ensuring hospitals’ uninterrupted sustenance and growth. And, judging by its popularity, it may well become an integral part of comprehensive medical services offer by majority of hospital” Many a times, proven medical treatment or intervention may […]

Private practices withstanding healthcare reforms: Revenue Management

Private practices are facing many challenges and gone are the days when physicians could easily start their own practice in a small office. The complexities in the form of changing policies, added administrative work and changes in Healthcare IT has made it very difficult for physicians to start or maintain a small or solo practice. […]

The Changing Landscape of Healthcare Reimbursement in 2012

“As the projection for 2012 forecasts an unprecedented increase in patient population, physicians will have a hard time balancing their time resources between quality medical care and adhering to imposing compliance regimen promulgated by the Federal Healthcare Reforms. Therefore, it becomes crucial that practitioners seek strategic alliance with medical billing advisories that can ease their […]

CMS Encouraging Physicians for Health Care Reform Innovation: Grants Offered

At last someone is looking to cut healthcare cost innovatively- The Health Care Innovation Challenge program, announced on 14th November, last year is the most recent federal effort by the Center for Medicare and Medicaid Innovation (CMMI) to support health care innovations. The program is aimed at awarding grants to physicians and other health professionals, […]

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