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Medical Billing Services

Physicians Apprehensive of Retiring Early: Recourse to Feasible Medical Practice

There seems to be no respite for physicians, who are already reeling under immense pressure from radical healthcare reforms introduced by the Federal Government. Faced with prospect of unsafe retirement life in the face of continuously receding economy, physicians – who earlier had planned retirement in 5-6 years – are actively reconsidering such plans. The […]

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Is ICD-10 Transition Feasible by October, 2013 Deadline?

As we stand at the mid of the intervening period, there is growing apprehension over achieving comprehensive realization of ICD-10 and other Compliance standard implementation by the October 1, 2013 deadline across the spectrum of healthcare stake-holding: health care providers, payers, software vendors, and clearinghouses/third-party billers. Browse All: ICD-10 Transition The CMS has drawn up […]

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U.S. Health Spending Projected To Grow at 5.8 Percent Annually: Pros and Cons

U.S. Health Spending Projected To Grow at 5.8 Percent Annually: Pros and Cons

The recent extrapolation by the economists in the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS) – which has projected all health care spending in the United States to be at an annual average rate of 5.8% for the period 2010 through 2020, and at 19.8 percent of GDP by […]

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Top Seven Questions to Ask Before You Hire Medical Billing Specialists

Top Seven Questions to Ask Before You Hire Medical Billing Specialists

You may think that hiring the services of a medical billing specialist will be like adding extra costs to your practice. But actually, hiring the services of a medical billing specialist can be considered as one of the smartest moves on your part in terms of expanding your business. Think about the ways you can […]

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Medical Billing – 10 Blunders to Avoid

Since the past few years, medical practices have seen stagnancy or declining medical reimbursements especially with the continuous rise in practice costs. Most practices are unable to understand the core reasons for dipping revenues and increasing denials. Expert billers and Coders have recently come together to find out the top 10 blunders that physician offices […]

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How to Find the Best Medical Billing Specialist in your area?

How to Find the Best Medical Billing Specialist in your area

One may ask why practices require medical billing specialists. A crucial reason is that hiring a medical biller or coder can reduce overhead costs, and it will definitely help the physician collect more revenue. Physicians across all states constantly face difficulties with insurance coding and payment reimbursement for their claims. For them, optimizing reimbursement is […]

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Outsourced Medical Billing – the prescription for new practices’ impressive ROI

Outsourced Medical Billing – the prescription for new practices’ impressive ROI

Given the rapidly expanding patient base, and an insatiable demand for quality medical care, it is not surprising that each passing-by moment is witness to the birth of a new practice. Despite being driven by a larger healthcare vision, new practices – operating in a market-driven environment – are inevitably forced to lend equal significance […]

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Level of Preparedness for Smooth Transition to ICD-10

Level of Preparedness for Smooth Transition to ICD-10

US Federal Government, which has earmarked October 1, 2013 as the deadline, has sought to replace the 30-year-old ICD-9 with the radical ICD-10 – believed to be harbinger of sweeping changes across all facets of healthcare organizations: providers, staff, processes, insurance carriers, and systems and technology. But, given the experience in other countries – UK, […]

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ICD-10 Implementation: An update for physicians and coders

ICD-10 Implementation An update for physicians and coders

ICD-10 Implementation The transition to ICD-10 implementation involves far more than an increase in the number of diagnosis and procedure codes. ICD-10 introduces significantly more detailed and specific code descriptions compared to ICD-9, requiring coders to adapt to new documentation standards and coding logic. As a result, the complexity of this transition is substantial and […]

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