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, […]
Constant changes take place in the healthcare industry with respect to codes, rules, and standards. As 2015 saw the introduction of ICD-10, the knowledge of these codes along with other challenges shall unquestionably be carried forward to 2016. So how does the medical billing industry stay abreast and prepare themselves for such challenges? Here’s what […]
The medical practice has, and, is seeing a great many changes taking place in terms of healthcare reforms, the CMS rules & regulations with respect to reimbursements, and the ICD-10 coding system recently introduced in October 2015. These changes have affected a broad spectrum of both small, mid, and large healthcare providers specifically in terms […]
A biller’s most important task is to send ‘clean’ claims to Medicare and Medicaid. Though both are high-volume payers, they perform differently in the US healthcare system. We need to be very careful about the Medicare and Medicaid Billing Guidelines. In 1965, Medicare (a federal healthcare program) was created to target persons over 65 and […]
Let’s always keep in mind that patients come with some problems that they hope will be solved quickly and without any hassles. So, how does one keep the patients happy? While keeping a smiling face makes good sense, giving the patients a great experience is an art in itself. Here are a few valuable tips […]
Two kinds of billing exist in the medical billing genre – Hospital billing (institutional billing) and clinical billing (physician billing). Hospital billing refers to the billing of claims generated for services performed by doctors who are associated with a hospital and for patients that make use of outpatient/inpatient services, diagnostic procedures, emergency services, laboratory, medication, […]
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