As with other specialties, oncology Practice to undergoes recurrent technological and process changes. This affects the entire revenue cycle of this clinically focused specialty; be it in the documentation, billing, and coding or filing of claims. Hence, apt coding is mandatory for timely collections/reimbursements in oncology practice. As per the American Society of Clinical Oncology […]
Inquisitive Questions to Ponder Upon Your Oncology Practice
How Value Based Care Is Transforming The Oncology Practice?
Oncology Practice offers a comprehensive value-based care solution that includes services, expertise, and technology that integrate seamlessly into your practice’s workflow. Many oncology practitioners have adopted the value-care-based model and have succeeded with the transformation. Value-based-care model made a huge positive impact on the oncology practice and some of the significant ones are: Value-Based-Cared Model […]
Ensure your Oncology Documentation Leverages proper Coding for Moderate sedation
Moderate (Conscious) Sedation or MCS is the inducing of drugs to lower consciousness for any surgical procedure. However, the patient should be capable of responding to the verbal direction (with or without nimble and tangible stimulation). Starting in 2017, with the changes in Medicare Physician Fee Schedule, moderate sedation will be billed and paid for using […]
Standardize your Oncology Documentation to Maximize and Sustain Medicare Reimbursements
More than 1.6 million people are diagnosed with cancer each year in the United States. The growth in the number of people living with cancer is projected to increase from 14.5 million (2014) reaching 18.1 million in 2020. Oncology (surgical, medical, and radiation) is a branch of medicine that deals with the diagnosis and treatment […]
How much Revenue does an average Oncologist Earn in Florida?
An Oncologist is a cancer specialist who is an expert in treating patients affected by all types of cancer. Radiation Oncologists are specialists who apply radiation therapy to destroy cancer cells or attack malignant tumors and help cure the patients or offer them whatever relief possible. Oncology revenue management experts believe that oncologists need to […]
Regaining Control Over your Oncology Billing this season
Understanding that legitimate and productive oncology billing, coding, and collections are indispensable to run an effective oncology practice, Medical Billers and Coders (MBC) have a robust system in place that helps doctors/physicians to regain control over their practice. As an Oncology practitioner financial strength of your practice is directly related to timely billing and reimbursement. […]
Warning: These 5 Billing Mistakes can destroy your Oncology Practice
Keeping up with the tradition of the policymakers with regards to Oncology medical billing and coding altercations, healthcare payer demands and physician revenue, 2016 has witnessed lots of changes. However, with this evolvement, the rate of errors that a physician’s facility or hospital billing department is making is creating several reimbursement issues. If one has […]
Oncology Billing and Coding – What you should know and what you shouldn’t?
When we talk about Oncology billing, one of the most important aspects that a practitioner relies on is the precise documentation that reflects the time, resources, pinning down the exact procedure codes. As an Oncology doctor treats one of the most critical patient diagnoses such as cancer, precision in billing and coding is a necessity […]