Revenue cycle management (RCM) is the commercial process that uses medical billing software, which healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance. In simple terms, it refers to the process of tracking the payments for the services rendered at a provider’s office, from […]
Today, the majority of deaths worldwide are due to four noncommunicable diseases such as cancer, cardiovascular disease, type 2 diabetes, and respiratory diseases; most of these deaths are potentially preventable. Four sets of behaviors contribute to the high and growing burden of noncommunicable disease: consumption of tobacco, alcohol, and highly processed foods, as well as […]
Not to be confused with traditional ideas of patient care, patient-centered care pushes the boundary of healthcare to create systems and processes that are truly custom-made to enhance the health, well being, and treatment plans for both health professionals and patients. Recently, the Mountain State Healthcare Alliance (MSHA) received the 2012 National Healthcare Award from […]
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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 […]
Efficient billing practices enable stronger financial health for OB-GYN billing with appropriate reimbursement being at the forefront. The focus is to ensure denial of free claims and a subsequent increase in revenue for OB-GYN Billing, has been significant for the clients. Gain an edge over the competitors with a smooth billing process that will leave […]
In the real world, dealing with medical documentation is complete nightmarish and OB/GYN documentation is no different. Why? The inaccurate, incomplete documentation process is leading to several hiccups in insurance claims reimbursements ob-gyn billing. Discharge summaries and other important information are often not available at the time of coding. Such misleading and incomplete information results […]
Healthcare organizations are seeking improved Revenue Cycle Management (RCM) process to promote robust revenue growth. The main performance parameter to understand the depth of your revenue cycle management (RCM) is to sync medical billing with patient care. Before the providers start syncing the patient care with RCM they need to identify the key performance parameters […]
Medical Billing needs to be effectively managed and holds the most critical part of provider reimbursement for the service. The need for an ultimate team of a revenue manager is important – whether you go in for an in-house team of billers/coders or outsource team of billers/coder is one important factor for the providers. Before […]
The changing political trends has affected the way physicians are implementing changes in their functioning at work, be it at clinics or hospitals. Keeping up with the times, is the need of the hour and hence never knowing which way the winds will blow, physicians should initiate certain goals that can help them ride the […]