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 […]
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 […]
Hospitals are facing challenges due to Medicare cuts and funding changes. As the Affordable Care Act will settle into place in 2014, small rural hospitals will have to face various concerns such as, significant Medicare payment reductions and new payment requirements for patient care. Medicare payments cover older people and rural hospitals rely on this […]
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 […]
Finding trained billers and coders is one of the major challenges faced by medical practices. Shortage of certified coding specialists has not just affected the revenue cycle of small, rural hospitals but healthcare facilities around the US are fighting this issue. Common staffing issues that affect reimbursement: Not just hiring expert staff but training existing […]
Rural hospitals are facing the burden of managing clinical as well as business side of their practice. Due to time constraint, rising number of patients and lack of experienced staff, handling basic operations has become a troublesome task. To make matters worse, rise in cost of care and decrease in reimbursement has increased challenges for […]
Patient satisfaction has always been the yardstick for operational success, and hospitals have tried out novel ways to keep patient experience enriched. While physicians’ skills have primarily been pivotal, technology too has helped considerably. And, technology has begun to be so significant that hospitals seem to have accepted them to indispensable in enhancing overall patient […]
The way that business offices can have reference patterns amongst consumers is a tactical opportunity as the insurance market moves to high deductible plans and hospitals take in new physicians into their business. According to a survey conducted by Connance in 2011 Americans who received hospital services in the past 2 years, merely 21% of […]
Hospital billing serves the role of invoicing for the medical services delivered by hospitals or healthcare organizations, both for in-patient and out-patient care. Hospitals, which hitherto could evade the backlash of the Sustainable Growth Rate (SGR) fix, face an imminent 27.4% reduction to their Medicare fees starting this January unless the Federal Government decides otherwise. […]
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