Bridging the Gap: How Investing in Your Hospital’s Old AR Recovery Drives Financial Growth

Investing in recovering your hospital’s old Accounts Receivable (AR) is a strategic move toward ensuring long-term financial viability and growth. AR, representing outstanding payments owed for services rendered, plays a crucial role in hospital finance. Neglecting old AR can lead to decreased liquidity and increased bad debt write-offs, adversely affecting financial stability. Introduction Old AR […]

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Effective Hospital Denial Management: Optimizing Revenue Recovery

In today’s complex healthcare landscape, hospitals face numerous challenges, one of which is managing claim denials effectively. Denial management is a crucial process that healthcare providers must master to optimize revenue recovery and ensure financial stability. This article explores the best practices and strategies for hospital denial management, empowering hospital owners, management, and providers with […]

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What Makes MBC a Reliable Hospital Billing Company?

As the healthcare industry continues to evolve, hospital billing has become increasingly complex. Hospitals are facing greater financial pressure due to declining reimbursements and increased regulatory scrutiny. Managing the revenue cycle has become a critical part of hospital operations, and finding a reliable hospital billing company is crucial to achieving financial stability. This is where […]

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Enhancing Patient Satisfaction and Retention through Hospital Billing and Collection Services

How Patient Satisfaction is linked to Hospital Billing and Collection Services? Patient satisfaction is an essential aspect of healthcare as it reflects the quality of care and services provided by healthcare providers. Effective hospital billing and collection services play a significant role in enhancing patient satisfaction. When patients receive clear and accurate bills with transparent […]

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Hospital Based Billing vs. Professional Billing: Exploring the Differences

Medical billing is an integral part of the healthcare industry, which involves the process of submitting and following up on claims with insurance companies to receive payment for services rendered by healthcare providers. There are two primary types of medical billing: hospital-based billing and professional billing. Hospital-based billing is used for services provided within a […]

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Navigating the Complexities of Hospital Billing Services

Hospital billing services are essential for healthcare organizations to ensure they are properly reimbursed for the services they provide. However, with the complexity of the healthcare industry and the constantly changing landscape of regulations and payment models, hospital billing can be a difficult and time-consuming process. In this article, we will explore seven (7) key […]

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Physician and Hospital Billing-What’s the Difference?

Physician billing, which is also termed Ambulatory Surgical Center (ASC) billing or professional billing is the billing of claims for services, which were offered or performed by healthcare professionals or a physician that also includes inpatient and outpatient services. In this blog, we will take a quick look at both physician and hospital billing. Majorly, […]

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Key Points for Coding and Billing for Hospitalists

In the United States hospital, medicine is one of the rapidly expanding specialties, with 50,000 plus hospitalists. A hospitalist can work in both post-acute care (PAC) as well as in hospitals. As far as hospitalized patients are concerned, Coding and Billing for Hospitalists is quite difficult. On the other hand, it is simpler for those […]

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Does Outsourcing Hospitalist Billing Sound Expensive?

Outsourcing Hospitalist Billing Increases Revenue By outsourcing hospitalist billing, a team of experts will manage the accounts receivables (AR). Billing experts capture denials and accurately report the EoB (explanation of benefits) information, resulting in a considerable drop in the processing time. In the case of an in-house billing system, the claims would have to wait if […]

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How Streamlined Hospital Billing Can Increase Patient Satisfaction

Patient billing is one of the major complaints that patients have when it comes to the total experience of getting medical care. If your hospital is relating patient satisfaction to the patient’s clinical experience, an important aspect is being missed. How your patients will assess their overall quality of care will depend majorly on their […]

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