Internal Medicine Billing Boost with Legacy AR Solutions Are you struggling to close the year with a clean billing slate for your internal medicine practice? If yes, you’re not alone. Many practices face challenges in internal medicine billing due to complex claims, denied reimbursements, and aging accounts receivable (AR). Legacy AR solutions offer a proven […]
The internal medicine billing partner is critical to your practice’s monetary health and efficiency. Accurate and efficient billing strategies become increasingly essential as the healthcare landscape changes. However, not all billing partners are made equal, and selecting the best match needs careful analysis. Here are five questions to address while evaluating possible internal medicine billing […]
Internal Medicine Coding Challenges Internal medicine involves diagnosing, treating, and preventing diseases affecting adults. Coding for internal medicine requires understanding the relevant medical terminology, coding guidelines, and documentation requirements. Some unique internal medicine coding challenges include: Coding for chronic conditions: Internal medicine often involves managing chronic conditions such as diabetes, hypertension, and heart disease. Accurately […]
Basics of Coding for Hypertension Associated with Diabetes Most coders are still confused about which is the correct code for hypertension associated with diabetes. If you look carefully, hypertension is not listed as a specified complication. Hypertension is considered a circulatory complication so the correct code could be E11.59 rather than the more unspecified code […]
What is the difference between other types of medical billing and internal medicine billing? To understand the differentiation, we must identify the various properties of internal medicine. Internists offer care for several medical issues, including severe and chronic conditions, and face many challenges when billing provided services. Challenges such as upgrading CPT codes and guidelines […]
According to a Physician Compensation survey conducted by Sullivan, Cotter, and Associates, specialty physicians across the US saw a 1.9% increase in their compensation in 2014. Internal medicine physicians also experienced a two percent change in their compensation between 2013 and 2014. The median total cash compensation for them recorded in 2014 is $213,428. Our […]
Streamlined Internal Medicine Billing Process Many internal medicine practices in the US face the challenge of a shrinking bottom line, mainly due to the diverse aspects of the specialty—diagnostic, preventive, and curative. Due to this collaborative nature, the internal medicine billing process is particularly complex, where treatment episodes often involve coordination with various diagnostic laboratories […]
Medical billing can be challenging for all types of medical practices; however, for internal medicine physicians/internists, it can be even trickier as the billing procedure for them is quite unique. Internal Medicine Practices is a medical practice providing healthcare services for adult patients Why is Billing Unique for Internists? For the majority of medical conditions, patients […]
Financial stability and profitability are becoming a rising concern for all medical practitioners with the ongoing changes that the healthcare industry is experiencing. Increased patient walk-ins, reduced Medicare reimbursements, declining collections and coding complexities are making bottom lines diminish for many medical practices. In such a bleak industry atmosphere, internists are facing the toughest of […]
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