Telemedicine Expanding Access And Dictating Reimbursement Policies

While the clouds of uncertainty surround the Affordable Care Act and its assigned substitution, the American Health Care Act, legislators in Washington and around the nation are pushing ahead with the proposition to direct and repay administrations provided by the means of telemedicine. So, what type of impact these changes have on your income cycle, […]

How Your OB-GYN Practice Can Increase Revenue In 2018?

OB-GYN is one of the fast-growing practices and keeping up with it is a challenge. As per the recent report from Medscape, the OB-GYN medical specialty reported nearly a similar income in the year 2013 as they did in the year 2012 with only just 0.5% increase in two years, but there was tremendous growth […]

How Expansion in Medicaid is Causing Disruption in Medical Facilities?

Providing people with health insurance improves access to care by reducing financial barriers, which are most evident at the point of care — that is when people try to get health care services. For decades, government plans such as Medicare and Medicaid have typically paid doctors and hospitals less than private plans, and even less […]

How to Increase Per-Patient Revenue Today?

revenue cycle Management is compliance with medical coding regulations

Revenue cycle management is the process used by healthcare systems in the United States to track the revenue from patients, from their initial appointment or encounter with the healthcare system to their final payment of the balance. Stringent regulations and the ever-changing healthcare environment often make it difficult for medical practices to sustain profits. Focusing […]

RCM Tip Reduce Medical Billing Errors by Focusing On Billing Audits

All healthcare organizations aspire to cut on the denials to enhance the outcomes from their revenue cycle. Effective denial management and error resolution is a time-consuming exercise that requires specific technical know-how in the field of medical billing. Revenue losses due to billing errors are tantamount to a serious threat to medical practices. Most commonly […]

How Will Patient Engagement Affect Your Value-based Reimbursement?

Patient Engagement is an invitation for participation with shared decision-making and to create a take on aspects of communication-channels which will provide the patients the benefit of managing their own health under the care of physicians or with the member of the healthcare team. An activated or engaged patient will provide the healthcare system with […]

What are the most effective ways to streamline the Medical Reimbursement problems?

With the ever-increasing cost of health care and stringent governmental provisions, it is a time that medical practitioners think of streamlining the process of medical reimbursements to suffice in the competitive environment. All physicians need to realize that their own practice is the asset that requires attention and constant improvement. There need is a mechanism […]

Medical Billing: How Training Matters for Coders?

Accurate medical billing is important to achieve sustainable success for your medical practice. When centers lack in training their in-house coders, compliance is threatened. Below mentioned are the facts that you should know: According to several reports, up to 85 percent of medical bills contain coding mistakes resulting in $70 billion in estimated losses. 45 […]

Diversify Orthopedics Billing Practice to Increase Revenue

The term ‘Healthcare Rationing by Hassle’ as touted by some surgeons showcases the stress caused by numerous changes in the healthcare industry. Orthopedics practice like all others feels the pressure of high costs, new ICD-10 code concerns, low and delayed reimbursements, declining margins, high deductibles, insurance/payer policy amendments, regulations, and other reforms. To combat this […]

How to Sync Revenue Cycle Management (RCM) with Patient Care?

Revenue-Cycle-Management-with-Patient-Care

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 […]

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Revenue Cycle Management (RCM)