Is Your Practice Prepared to Balance Medical Billing and Patient Influx in 2014?

As per estimations, approximately 32 million patients will be entering the US healthcare system in 2014 due to the Affordable Care Act. More patients mean more money; however, many providers are not yet prepared to cope with medical billing and patient influx due to lack of resources. Even the shortage of physicians has made practices […]

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Things Chiropractors have to Change in Their Medical Billing Process in 2014

2014, by no means, will be an easy year for chiropractic practices with changes in billing and coding regulations and standards. To meet these regulatory challenges, chiropractic services will have to change five things in their medical billing and coding process- Obamacare and its challenges for chiropractors: There is an ambiguity on how exactly Obamacare […]

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Accuracy in Documentation Vital for Effective Optometry Medical Billing

Maintaining accuracy in documentation is extremely important for optometry billing. This is not only required for error-free coding, billing, claim submission and follow-ups with insurance companies but also for avoiding malpractice lawsuits. Insufficient and inaccurate documentation have cost medical practices millions of dollars. Rate of errors may have dropped for optometry practices but even a […]

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How Streamlined Hospital Billing Can Increase Patient Satisfaction

Patient billing is one of the major complaints that patients have when it comes to the total experience of getting medical care. If your hospital is relating patient satisfaction to the patient’s clinical experience, an important aspect is being missed out. How your patients will assess their overall quality of care will depend majorly on […]

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Inaccurate Documentation- Common Problem in OB GYN Billing

Are your coders performing coding operations using incomplete documentation? In order to process insurance claim reimbursement in a speedy manner, coding for diagnosis and treatment procedures is usually done with unfinished documentation. Missing information results in inaccurate coding, causing revenue loss and compliance issues. Providers need to understand that accurate documentation is the basis of […]

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How to Develop Medical and Billing Practices to Avoid an Audit?

Medical billing services is a nuance that has to be handled carefully to ensure financial viability and sustained profitability of your medical practice. However, most medical practitioners lack the talent and knack for ensuring administrative checks that can develop an audit-proof medical billing practice. More often than not, medical practices attract medical audits due to […]

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Value over Volume – Based Healthcare Delivery for Medical Practices

Best treatment at reasonable cost is always favorable. Value based healthcare (VBHC) is an optimum strategy which focuses on cost and quality and most importantly on outcomes. The benefit of VBHC lies in that it not only focuses on the actual dollars being spend but also on how the dollars are spend to improve the […]

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How Can Accurate Documentation Enhance Practice Revenue?

In the last five to ten years reimbursement for medical practices has been impacted by various changes in the healthcare industry. These changes include HIPPA tightening their requirements for data submission, upcoming ICD-10 final implementation date coming closer, amongst various others- which have a direct impact on medical documentation and hence on the medical practice’s […]

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Ascertaining Cardiologists’ Medical Billing Needs Even as They Migrate From Private Practices to Hospitals

Till recently, cardiologists who were happy with their private practices have suddenly started exploring avenues to align themselves with hospitals. The change has been so dramatic that already around 15 percent of cardiologists across the U.S. have left their private practices in search of more secure positions in large clinics and hospitals. As per reliable […]

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Complications in Clinical Documentation Leading to Inaccurate Billing Codes

Clinical documentation is a need that threads through the entire lifecycle of an inpatient treatment episode. The clinical documentation specialist checks the documents of a patient before or within 24 to 28 hours of admission to assess various aspects of the patient’s condition, reviews documents every two to three days, during patient stay, to check […]

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