Revenue Cycle Management – Prescription for Optimum Medical Claim Realization

“Despite such volatile environment, physicians have to find means to realize their each and every dollar owed them as their very sustenance and growth hinges on efficient reimbursement of medical bills” Unlike other professional services that realize their professional fees instantly, without having to rely on a third party (insurance carriers), physicians have to go […]

Superbill Analysis – An Imperial Stamp of Authentication

“Consequently, physicians’ medical bills get an imperial stamp of authenticity, and nullify the chances of undesirable delay, denial, resubmission, and audits from highly stringent medical insurance companies” Notwithstanding physicians’ integrity in preparing honest Superbills, comprehensive analysis has become imperative before these can be submitted to payers for reimbursement because of the highly dynamic nature of […]

Coping With Financial Challenges in US Healthcare

A Brief Anatomy of Financial Challenges Faced by Physicians The US healthcare system is facing major reforms in the next two years and this not only includes adoption of new healthcare IT reforms such as EHR (Electronic Health Records) and EMR (Electronic Medical Records) but also changes in the way physicians are reimbursed. The most […]

Better Revenue Cycle Management For Physicians with Skilled Billers and Coders

Accurate revenue cycle management means you get paid in a timely manner and that the accounts receivable balance is zero when the cycle is complete. However, this type of management could become cumbersome for physicians, as it is not their primary occupation, and the recent health care reforms would mean more patients and greater work […]

Optimizing Revenue By PQRS Participation

PQRS, the Medicare program paid out over 234 million US dollars in 2009 to medical professionals who subscribed to the program. However, a large segment of professionals failed to qualify, were just not aware, or lacked the inclination to take part. Out of over one million medical professionals deemed eligible to take part in the […]

Effective Patient Care versus Revenue Cycle Management: Physicians Perform a Balancing Act

Physicians in the U.S., despite ranking high for their medical competence, have never been able to fully realize and optimize their medical bill reimbursements owing to an increasingly complex health insurance system that has been constantly evolving, and characterized by: HIPAA Compliant Medical Reporting Stringent Billing and Coding Regimen Technological Interface for Electronic Billing and […]

Professional Revenue Cycle Management Consultancy Services by Medicalbillersandcoders.com

MBC offers expert consultancy services to healthcare providers across the US for strategic, operational, and revenue cycle management, no matter the size of their organization. Viewing the dynamic changes sweeping through the healthcare industry, we have perceived an urgent requirement of professional support and assistance to healthcare providers to adapt to the latest regulations and […]

Payment Posting – Key to revenue cycle management

Payment posting is one of the most important steps that can assist in improving a physician’s revenue if done efficiently. Although payment posting is becoming electronic and automated there is still the need for checking for accuracy and errors in the posting. There are numerous ways in which physicians can benefit from accurate and efficient […]

Varying trends in physicians’ income in 2010

2010 registered a positive trend in terms of increased income for primary care physicians in the US. The increase in income varies according to the specialties i.e. some specialties saw a modest increase in income while others saw a more pertinent rise. The factors which are responsible for these changes in the income vary from […]

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Revenue Cycle Management (RCM)