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 […]
Education and training are the two differences considered primary between ophthalmologists and optometrists. While an ophthalmologist is the physician who “specializes in the refractive, medical and surgical care of the eyes and visual system and in the prevention of disease and injury”; an optometrist “examines the eye for vision prescription and corrective lenses and examining, […]
Denials tend to evoke frustration and a loss of motivation to work. Hence it is essential that strategies are designed to manage the denial management process effectively and use it to improve the revenues of medical practice. The claim denial management process is one of the most vital aspects of a revenue cycle management process. […]
In the rapidly changing healthcare landscape, payers are asking providers to shift from volume-based care that is a fee for service to a value-based reimbursement structure with a population health approach. This evolution toward value-based reimbursement benefits the patient, the healthcare provider, and the payer. Value-based reimbursement encourages healthcare providers to deliver the best care […]
A collaborative organization structure is more beneficial toward improving quality and patient satisfaction for wound care billing services than a fragmented organizational structure. And as it involves inpatient, outpatient, technology, skilled nursing facilities, healthcare facilities, and private practitioners, coordination is integral to achieving goals in wound healing. Less than 15% of organizations that deal in […]
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 […]
Radiology is the most fragmented specialty with primary patient care and consultation as the major focus. A radiologist plays a role as a consultant covering various medical imaging for other specialty diagnoses. A radiology practice is sequenced according to the geographic area, radiologist struggle with a different universal set of medical practices. It’s cumbersome for […]
The job of an Optometrist is multifaceted; you have to take care of a wide range of activities happening in your facility. Along with the daily chores of overlooking patient eyesight, revenue management of the practice is another time-consuming activity, which if not handled properly by your accounts department may lead to a serious financial […]
Knowing how to Reduce Denials for Otolaryngology Practice can help your practice avoid the constant headaches of denied claims that affect your practice’s revenue. There are many things that healthcare providers need to consider in today’s ever-changing climate. From the challenges that come with obtaining proper Medicare reimbursement to CPT code changes, the world of […]
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