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 […]
Top Goals for Physicians to Implement In Their Facility
Read More.. Top Goals for Physicians to Implement In Their Facility
Inpatient and Outpatient Services from ASC Centers: Journey From Approved To Covered
Ever since their inception, Ambulatory surgery centers (ASCs), have been providing improved quality and customer service to the healthcare industry. ASCs offer patients the opportunity to have selected surgical and procedural services performed outside the hospital settings. Ambulatory Surgery Centers (ASCs) perform more than 7 million procedures for Medicare beneficiaries needing same-day surgical, diagnostic and […]
Leverage data analytics for medical billing to improve patient experience
Health systems and hospitals across the nation are faced with different revenue management challenges, some of which are caused by the rise in the transition to the value-based payment alternatives, consumerism, and high deductible health coverage plans. Off late, it has pushed patients to become more involved in healthcare decision making. Better transparency into costs […]
HIPAA Rules: Penalties and Criminal Liabilities
HIPAA was officially enacted in the year 1996 by United States congress. HIPAA has two titles–In the Title I of the rule is to protect individuals and families under the circumstances when they lose their job or when they change their job. In the Title II also known as the administrative simplification provision requires the […]
6 Trends to Watch Out For Healthcare Billing Industry In 2017
Developed and developing economies are expected to see health care spending increase ranging from 2.4 percent to 7.5 percent between the years 2015 and 2020 according to the report by Deloitte. The Healthcare industry is projected to take a multi-million dollar leap by 2022; Are the existing resources in the industry enough to meet the […]
Tips to Successfully Overcome Documentation Issues for Wound Care Procedures
Wound care physicians are frequently astonished at “How tons of documentation in a patient’s healthcare record can result in a precarious situation?” Documentation issues related to wound care billing procedures are many; however, jotting down the right codes with eligible codes should be the priority. However, physicians and facilities need to be aware of the […]
The True Cost of Medical Billing and Coding Services
Today’s ambiguous economic conditions are presenting healthcare practices across the US with a whole host of challenges. These include complex patient procedures, increased competition, the pressures from altering regulations, and declining reimbursements, all of which negatively affects your bottom line. This prompts you to find ways to cut costs and improve efficiency, and what better […]
Guidelines for Reviewing your Billing Manager’s Performance
Conducting performance analysis has been an age-old practice by many businesses worldwide. However, we come across many such physicians, solo and group practices, who do not feel the need to have any assessment and review done for their billing or accounts manager’s job. This can give rise to many of the following problems that are […]
Wound care Clinics Observe Productivity Gains via EMR Documentation
A wound care facility has two vital factors when it comes to operating on a higher business profit, which is providing the best patient care, and second is documenting each patient with appropriate medical billing and coding perquisite. Productivity can be characterized as “the quality, state, or the capacity to produce, make, improve, or deliver products and services.” In […]
7 Tips to Ensure Success in Pharmacy Billing with Altering Healthcare
It is difficult to sustain in a constantly altering healthcare industry and avoid losses.With the ever-changing healthcare industry and a rapidly growing relationship between physicians and pharmacists that is creating an influx of patients for both the professionals, pharmacists are becoming busier by the day; as more and more patients are taking help from pharmacists […]