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 […]
Revenue Cycle Management (RCM) Tips To Shorten The Claim Length
Read More.. Revenue Cycle Management (RCM) Tips To Shorten The Claim Length
How To Explore Untapped Potential Of Your Practice?
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 […]
Guiding Principles Every Physicians Should Know About Patient Environment
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 […]
How Technology Could Affect Wound Care Billing In Future?
Technology is changing the face of all industries, including health and medicine. From novel and pain-free ways of diagnosing illnesses and preventing them before going out of control, technology is assisting in treating life-threatening diseases too with improved techniques. For e.g. tablet-sized robots can be sent inside the body, capable of taking multi-dimensional pictures while […]
What Medical Billing Resolutions Should Be Followed For Your Medium – Sized Practice?
It has become imperative in this ever-changing healthcare environment to focus on a medical billing practice’s financial health. In the case of small and medium-sized practices, ancillary services are added, but the best way to increase revenue is by focusing on efficiency. Some Billing Suggestions For Medium-Sized Practices Are: Patient Collections: This must be a […]
OB-GYN Billing: The Cross Road Between Over Coding and Perfect Coding
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 […]
Highest Paying Specialties for Physicians in US
One of the highest paying professions in the United States is that of healthcare professionals. However, for medical billing purposes, it is often important to understand the burgeoning fields/medical disciplines which are on the rise and garner the maximum revenue. Highest paying specialties: It has been observed that a specialists’ compensation is higher than that […]
How Adapting these Basic Cardiology Billing Practices can Generate Highest Revenue
Many cardiology practices across the US are continuing to struggle with the regulatory changes, declining reimbursements, and increasing healthcare costs. It is becoming difficult for them to run a profitable business in an unstable environment. According to the industry experts, small and medium practices will have to start monitoring and focusing on their revenue cycle […]
Streamline your Radiology Billing Services with New 2015 CPT Changes
The American Medical Association (AMA) has released a total of 542 CPT code changes under the CPT coding manuals for 2015. Fifteen new codes have been introduced under radiology billing in 2015, while 23 codes have been removed. The AMA has also revised four codes for radiology billing. These changes will majorly impact vascular and […]
Improving Efficiency of Dental Billing and Collections with greater Focus on Patient Care
Over one million adults across 36 states in the US enrolled for dental plans through the newly-established health insurance marketplace in 2014, according to a published report. The American Dental Association has estimated that more than 8.3 million adults nationwide could gain dental benefits through Medicaid expansion. However, the same report also stated that the […]
