Are you aspiring to be a medical biller some day? Medical billing is certainly an interesting job, but coding way back in 1996 was much simpler than what it is now. Every year the billing industry undergoes numerous changes and much more sophisticated work. These professionals need to stay updated every now and then to […]
Somewhere along the way you decided to become a medical practitioner and use that knowledge to help and treat people. You didn’t spend all those years studying medicine to end up spending most of your time billing and coding for the procedures you performed. Yet, by now you must have understood, this is what is […]
In the medical billing and coding world- any error can turn out to be a costly affair. It is a well-known fact that healthcare providers receive the largest percentage of their revenue through processing successful claims. One wrongly spelled name, one transposed digit, a badly written documentation, can have a domino effect when filing claims. […]
Outsourcing medical billing and coding services are required when the healthcare facility or the solo practitioner is becoming a challenge, collections/revenues are steadily going down, billing processes are inefficient, there is high staff turnover, training, and technology costs are high and non-compliance issues are cropping up regularly. There are also times when fixed expenses need […]
Against the backdrop of evolving technology and ever-changing insurance requirements, 2016 evokes hope as well as apprehensions for healthcare providers. A lot has changed in the past few months. While healthcare costs maintained a languid pace in the beginning of the year, new provisions and mandates have bridged the gap between insurance providers and the […]
Have you reached such a state of hyper anxiety and at a loss as to why you ever outsourced the billing? Is your Revenue Cycle process not making any profits? Have your administrative and operational costs not reduced? If you answer yes to all of these- then yes your billing vendor has ruined you. But […]
Medical billing is not a child’s play- rarely is there a straightforward billing. The reason being is because each hospital and provider works differently and patients also deal with multiple healthcare providers – for the equipment they deal with different providers, for ER facilities there is another health provider and maybe a third for some […]
After the outbreak of Ebola in many parts of Africa that also infected many US residents last year, healthcare workers have now been notified to tackle another tormenting disease, in the form of the Zika virus. This deadly disease has been a constant threat to toddlers and mothers. Observing the rising number of patient’s queuing […]
It’s all about Billing, Billing, Billing – Ringing in the cash revenues! Here are some mind-boggling Medical Billing facts that affect healthcare revenues impacting the Revenue Cycle Management Process and medical billing practices. The total market size of outsourced revenue cycle management (RCM) services has already reached $5 billion, and it is estimated that escalating […]
Apart from business organizations trying to keep up with schedules and appointments through online scheduling systems, the healthcare industry to is waking up to the benefits of online scheduling. A plethora of software exists in the market for online scheduling and is advantageous in customer self-scheduling, accessibility, reducing the number of skipped appointments, marketing, customization, […]
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