Surviving Technical Challenges of ICD-10 with a Medical Billing Partner

ICD-10 implementation will be having an impact on the IT infrastructure of medical practices. Physicians will have to assess whether or not the new, ICD-10 ready EHR and practice management software versions will run on their existing hardware. For instance, ICD-10 ready software might no longer run on old systems and Windows XP. With less […]

Medical Collections A Booming Process Due To Patient Payment Lapses

Providers are recommended to write-off small balances as losses rather than investing time and money in retrieving the amount; however, patient payment lapses should not be a common occurrence for medical practices. If you want to get your account receivable in order, it has become important to collect existing balances. This has led to a […]

How Specialized Billing Service can help you in Transition to ICD-10

Transition to ICD-10 will be a lengthy and complex task for providers who are not prepared to meet the challenges. Switching to a new coding system will not only affect different departments within a practice but investment of time and money will also be required for personnel training and system testing before October 2014. Challenges […]

Why Small Practice’s billing is More Vulnerable to ICD-10?

Small medical practices will be facing tremendous pressure once ICD-10 is implemented. Due to lack of sufficient budget and skilled billers and coders, diffusing the burden of a new coding system will certainly make things difficult for them. Why small practices will be worst hit? It is being anticipated that the transition to ICD-10 will […]

One year until the Oct 2014 ICD-10 Deadline! … How Prepared are you?

Is your practice ready for ICD-10? Resources are being developed by CMS to help healthcare industry implement ICD-10 but if your practice has not yet started prepping, transition to the new coding system will have a major impact on your reimbursement. With little less than a year left before the mandated shift, small or large […]

Rural Hospitals Surviving Healthcare Reforms with a Billing Specialist

In many ways, healthcare reforms have opened doors of opportunities for rural hospitals but the changes in healthcare system have also imposed certain challenges. Rural hospitals are not just facing pressure due to rise in cost of care but reduction in reimbursements has also increased their trouble. Challenges affecting rural hospitals: Payment from government is […]

Simplify Your ICD-10 Optometric Billing with A Billing Specialist

With the introduction of HIPAA 5010 federal mandate and inclusion of ICD-10 standard for electronic billing processing, there is an immediate requirement for skilled manpower to process your Optometric medical billing claims. If accurate billing is not done as per new codes of ICD-10, your Optometric practice can face major revenue losses. Moreover, if proper […]

High-Paying Physician Specialties Opt For Specialized Medical Billing Services

Compensation surveys in the medical world have seen several specialties dominate, with certain physician specialties becoming more high-paying than others with each passing year. The specialty of Neonatology holds the distinction of having a far greater increase in average compensation which stands at 11.9%. Plastic surgeons finished second, and saw an increase of 8%. Intensivists, […]

Healthcare Growth Triggers Increased Demand For Billing Specialists!

Healthcare is an evidently developing industry, compared to many other significant industries. As the requirement to meet the needs of the patients, aging population care, and medication safety is increasing, so is the relative importance of health care. The healthcare division is offering more jobs and according to industry statistics has contributed for more than […]

Navigate Through Payment Reforms with A Medical Billing Specialist

Cost of healthcare in America has shot up due to the way healthcare providers are being paid for their services under the fee-for-service system, which has bought about an urgent need for health care payment reforms. However with the introduction of various new payment models; a medical practice needs to expand its capabilities to appropriately […]

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