Getting a denial for wound care claims is upsetting for both the doctor and staff. Often, the doctor sees this in a negative light. If the dollar amount in question is small, he or she may completely disregard it, believing it is “not worth it” to appeal. When repeated problems involving specific codes occur, it […]
Every successful doctor needs to know the crucial insights that go into podiatry billing to make it profiteering. With the view of recent regulation changes, your podiatry billing will need to understand the need for a modifier that acts as a myth. Here is Some Common Podiatry Billing Myths Busted for your Reference: Myth I: […]
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 […]
One of the oldest health practices in the US, Otorhinolaryngology deals with the diagnosis and treatment of ailments in not only the ear, nose, and throat, but also in other illnesses related to head, neck, larynx (voice box), mouth, and sinuses. Medical practitioners specializing in Otorhinolaryngology also perform surgeries that include plastic or reconstructive as […]
The health of any business is a result of a proper balancing of income and expenses so as it ensures profitability and stability. Market dynamics like competition, pricing, consumer needs, preferences, product and service innovations, and industry regulations all lead to significant changes in the success of a practice. Every Urologist would admit that missed […]
Professional medical billing services try to reach a level of efficiency when it comes to revenue cycle management of podiatry practice because of their exhaustive collection practices, incessant execution of billing tasks, and updated knowledge of prescribed documentation regulations. Podiatry billing like every other specialty billing faces its own set of challenges. Unskilled billing staff […]
There was a certain cheer in the air from Urologists and other Medicare providers when the Medicare Access and CHIP Reauthorization Act (MACRA) was passed and signed. This ended the terrain of the sustainable growth rate (SGR) payment formula. However, what persists today in the world of healthcare is confusion and uncertainty. The Quality Payment […]
In the real world, dealing with medical documentation is complete nightmarish and OB/GYN documentation is no different. Why? The inaccurate, incomplete documentation process is leading to several hiccups in insurance claims reimbursements ob-gyn billing. Discharge summaries and other important information are often not available at the time of coding. Such misleading and incomplete information results […]
Telemedicine is a significant technological and business trend that is influencing medical practice marketing, patient engagement, and revenue. Advances in telemedicine technology have reduced operating costs with substantial savings for all types of organizations that utilize medical professionals in some capacity. As a medical professional, how can you benefit from the increased usage of telemedicine […]
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 […]
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