How Can Outsourcing Solve Medical Billing and Reimbursement Challenges for Physicians in 2014?

Considering the rollout of healthcare reforms and deadline for ICD-10 transition, 2014 will prove to be a challenging year for physicians. Medical billing and reimbursement changes in 2014: 20.1% drop in Medicare reimbursement has been announced by CMS for professional services. While some specialties will benefit in 2014, other specialities including pathologists, interventional pain management […]

How can outsourcing help you Deal with Shortage of Trained Medical Billers and Coders?

Shortage of billing and coding staff remains to be one of the major problems faced by medical practices. Providers find it difficult to enhance revenue and sail through billing challenges as finding and hiring qualified coders and billers is difficult and expensive. How will the shortage affect your practice? The market not just lacks qualified […]

Importance of Defining Medical Billing Responsibilities at your Medical Practice

Given the increasing complexities of reforms that are affecting the day-to-day operations of healthcare organizations, a generalized workforce has to make way for specialists responsible for specific areas with clearly defined tasks to perform. In a healthcare operation driven by specialists, a physician will know who to handover medical details to, to be used for […]

How can Streamlined Medical Billing Help You Deal with Annual Medicare Cuts?

As a result of Medicare Sustainable Growth Rate (SGR), physicians face Medicare payment cuts annually. Even though the Congress often steps in to stop the reductions, it has been reported that Medicare reimbursement for physicians will be slashed by 24.4% in 2014. Physicians and senior citizens to bear the brunt: Even though annual Medicare cuts […]

How can a Medical Billing Company End your Struggle with Meaningful Use?

Physicians across the US continue to struggle with implementation of Health IT and Meaningful Use, failing to earn incentive payments. Even though CMS is trying to increase the number of providers successfully attesting to Meaningful Use, practices seem to be unprepared for meeting the requirements. Do you have an underperforming EHR? Practices struggling to adopt […]

Avoid Unintentional Insurance Abuse with Efficient Medical Billing

Healthcare industry has undergone rigorous transitions in the past 10 years to ensure efficient care cost and service delivery. In addition to that focus has shifted significantly towards patient interest and installing ways to safeguard it. With new ICD 10 and CPT coding changes around the corner and hospitals being encouraged to participate in Affordable […]

Avoid Medical Practice Productivity Loss Due to ICD-10 with a Medical Billing Service

Multiple strategies will be required by medical practices to cope with an anticipated drop in productivity due to ICD-10. Coding, claims processing, case management, decision support and follow-up (electronic medical billing system) are likely to face greatest impact due to the new system. Therefore, it has become important for providers to prepare for any type […]

How Streamlined Medical Billing Protocols Can Help Fight Challenges for Hospitals in 2014?

Not just small practices but hospitals in the US are also facing the pressure caused by healthcare reforms. Many hospitals are closing down, merging with bigger hospitals or experiencing major financial problems. It is being expected that 2014 will also bring various challenges for hospitals in the US for which, they will have to be […]

Hire a Medical Billing Service to Streamline Patient Flow

Efficient patient flow is extremely important if medical practices want to achieve timely patient care and high levels of patient satisfaction. Long waiting time is the biggest complain patients have and if this problem is not solved; your practice might start losing revenue due to poor productivity, lost referrals, lost patients and employee turnover that […]

Don’t let ICD-10 Coding Changes Disrupt Cash Flow of Your Practice

The deadline to implement ICD-10 is approaching and it has become extremely important for practices to make necessary preparations. Transition to the new coding system will require significant changes in all aspects of medical reimbursement including providers, payers, vendors, billers and so on. If there is lack of preparation it will lead to disruption in […]

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