The HIPAA law to safeguard patient health data is a critical arrangement that is well-known to the people working at the physician’s office. But many still have doubts when implementing a successful HIPAA compliance plan. The healthcare service providers who are not fully informed regarding changes in the law risk potential infringement that couldn’t just […]
Each year the physicians in the USA lose thousands of bucks in the form of bad errors. These so-called bad errors are “Account Receivables” that have exceeded the acceptable time limit and seems impossible for further follow-ups. Once these “AR” procedures stay on for more than 120 days, it makes it tough for a practitioner […]
Your patient’s schedule is piling at the seams. Providers have already added and yet, your cash flow is not up to the mark or say slow. So where is the cash? Take a good look at your accounts receivable (A/R) process. You may find that efficiency is lacking and overwhelmed staff is hindering revenue growth. […]
HIPAA has a broad set of training requirements and they are frequently a source of many inquiries as well as disarray. So, the root question that arises here is whom does it apply to? What topics must be covered as a part of training? Does the medical billing and coding team require HIPAA training? What number of staff […]
Medical billing has always remained an important element of the health care industry in the US. This year there were major changes witnessed in Medicare and Medicaid Services in the USA. The “bill” that President Obama signed this year was to fix the much-feared “SGR” –Sustainable Growth Rate which was showing signs of decline in […]
EHR or Electronic Health Records, also often referred to as EMR or Electronic Medical Records is a very complex system that all medical practices need to implement. However, it is equally important that the security aspect is well taken care of. In short, EHR is here to replace the cumbersome paper medical records and charts […]
As a medical practitioner, your top priority is to provide your patients with quality care service. At the same time, you understand that it is not practical to neglect the financial aspect of your business. After all, proper management of finances is what makes it possible to offer quality care. A good medical billing service […]
Billing Managers performance goals and objectives to elevate job satisfaction and productivity. Billing Manager SMART goals to achieve success! Conducting performance analysis has been an age-old practice by many businesses worldwide. However, we come across many such physicians, solo and group practices, who do not feel the need to have any assessment and review done […]
With the increasing number of healthcare service providers all over the world, the demand for medical coding professionals is also increasing. Recent news also mentioned that this profession will be in great demand within the next 5 years. But, due to the recent transition to the new ICD-10 classifications, there’s a shortage of medical coders. […]
To err is human; but in the healthcare industry, it can cost a patient all his savings, or can drastically reduce the revenues of a physician. Hence, in all possibilities, the medical billing and coding team must avoid slip-ups or inaccuracies in billing claims that cause denials or rejections. Lessons learnt from 2016 must be […]
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