The US healthcare is evolving. To improve pharmacy Revenue the pharmacies need to be equipped with a better billing system. Here are some challenges faced by pharmacies that cause billing errors and affect customer relations, revenues, and reimbursements: Access to the patient’s eligibility at the time of service may be unavailable. The staff may not be […]
Ensure smooth transactions in your pharmacy with our guide to Medical Codes for Pharmacy Billing. For successful and effective billing in pharmacy, efficiency in coding is of paramount importance. Pharmacists have been using CPT codes for seeking reimbursement thus far for interventions such as reviewing a patient’s history, creating a medication profile for a patient, […]
The traditional pharmacist role as dispensing medications across the counter/Over the Counter (OTC) has evolved over the years. The pharmacists have, over time, traditionally leveraged their clinical knowledge to review prescribed drug regimens which help prevent inappropriate dosing and have been instrumental in minimizing drug interactions. Pharmacists are placed second only to nurses in terms of professional […]
Medical billing errors are common and are a result of various discrepancies occurring while submitting claims. These errors can prove to be extremely costly to the practice. The same is the case with pharmacies that due to numerous errors end up leaving a lot of revenue on the table. Pharmacy billing gets tedious to a […]
Learn important details about Pharmacy Billing Facts to enhance your understanding of healthcare revenues, ensuring effective management of billing and coding processes and revenue success. It encompasses a huge array of facts to understand before billing. Like all other specialties, pharmacy comes with its own set of problems associated with reimbursement and profitability. To add […]
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