Ever since the election of President Donald Trump the healthcare industry is reeling under the pressure of changing regulations and norms. Right from small healthcare units to large medical facilities and from outsourced medical billing and coding companies to insurance providers, all are feeling the heat. However, the President’s succeeding choice of a former orthopedic […]
Not to be confused with traditional ideas of patient care, patient-centered care pushes the boundary of healthcare to create systems and processes that are truly custom-made to enhance the health, well-being, and treatment plans for both health professionals and patients. Recently, the Mountain State Healthcare Alliance (MSHA) received the 2012 National Healthcare Award from the […]
A vital undertaking of any medical facility large or small – independent or outpatient is to track or check the claim status of a patient’s health cover. With having the knowledge of the claim status many healthcare units face revenue leakages, which in turn pushes them towards winding up their businesses (healthcare facility). How can […]
Not to be confused with traditional ideas of patient care, patient-centered care pushes the boundary of healthcare to create systems and processes that are truly custom-made to enhance the health, well being, and treatment plans for both health professionals and patients. Recently, the Mountain State Healthcare Alliance (MSHA) received the 2012 National Healthcare Award from […]
Before we understand how technology can improve your Value-based reimbursement we have to understand what a value-based reimbursement means for hospital billing. Hospital revenue is currently going through a turmoil of value-based reimbursement you have to satisfy the following criteria Risk-adjusted mortality Risk-adjusted readmission rates Low-cost structure Along with this, we have to stay in-line […]
President Donald Trump is a man on a mission who wants to fulfill the election promises he made to the American public. Among the several campaign promises, one that is the most discussed is the repelling Obamacare. Doing so will have short to medium term impact to several medical billing companies. Will repelling of the […]
Medical billing is a sole payment practice supporting the health system in the US. It’s one of the prominent practices of payment where healthcare providers like health care providers, nurses, dentists, orthopedists, etc. submit they are follow-up claims with hospital billing services in order to receive payment for services rendered such as treatments, investigations, and […]
In order for healthcare facilities, hospitals and clinics to contain fraud or unintentional fraud, hiring to certified medical billing and coding services are of utmost importance. Today millions of healthcare claims are processed every year by private insurers and governmental agencies like Medicare and Medicaid. Healthcare providers that submit incorrect or erroneous claims may face […]
The pay-for-performance feature has been suggested by many medical industry experts who want to reduce the costs of running a facility. Right from the first point of notice to the end goal of a seamless medical billing and coding function, payer and hospital quality partnership will help in the long run. The Centers for Medicare […]
In a recent survey conducted by Merritt Hawkins, a physician recruitment firm, it was found that 56% of doctors have begun to warm up to the idea of a ‘single-payer healthcare Industry system.’ Though the idea is fairly new in the US, it will ensure that the government (Medicare/Medicaid) would pay for the healthcare bills […]
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