Merger and Acquisitions in Radiology Practice – How Will It Impact The Practice Revenue?

Radiology facilities are witnessing positive growth over the past few years, however, for quite a while now, mergers and acquisitions between practices have been a point of talk in the radiology specialty. Despite the fact that there has not been a noteworthy increment in blended practices, it’s a plausibility that still concerns numerous. If your […]

HIPAA Rules: Penalties and Criminal Liabilities

HIPAA was officially enacted in the year 1996 by the United States Congress. HIPAA has two titles–Title I of the rule is to protect individuals and families under the circumstances when they lose their jobs or when they change their jobs. Title II also known as the administrative simplification provision requires the establishment of electronic […]

6 Trends to Watch Out For Healthcare Billing Industry In 2017

Developed and developing economies are expected to see health care spending increase ranging from 2.4 percent to 7.5 percent between the years 2015 and 2020 according to the report by Deloitte. The Healthcare industry is projected to take a multi-million dollar leap by 2022; Are the existing resources in the industry enough to meet the […]

Ransomware Attack: How Can Healthcare Industry be Shielded?

The first known malware extortion attack happened under the name “AIDS Trojan” which was written by Joseph Popp in the year 1989. The malware was pretty much ineffective due to design problems. Encrypted ransomware returned in the year 2013 when a crypto locker used the digital currency Bitcoin to extort money from the infected users. […]

Urology Billing Surgical Supply: Growth and Market Share

The urology specialty is going under a colossal technology change with the induction of robotic functionalities in surgeries to reduce the number of insertions and blood loss. Now with the advancement in the surgery methodology the need for physicians to understand the urology surgical market is imperative. The info-graphics below offers the recent development of […]

Steps to Follow to Get Reimbursement for Your Practice

Denied insurance claims—the healthcare revenue negating claims. The common occurrence of such denials is too unfortunate for the current scenario of the healthcare and medical billing service. According to medical insurance experts “In most of the cases, the claims get denied due to the fact that there are simple errors in the coding process, while […]

Hospital Revenue: Looming Regulation Changes and Revenue Impact

Looming-regulation-changes-and-Revenue-impact_Blog

New Taxation law from the new government looking to solve health care myth–A Looming Change for the healthcare industry. U.S. healthcare is going under constant change with regulations and different insurance laws. The different demographics and federal laws have added to the constraints. Still, the hospitals have done well financially in 2016 despite shifting the […]

Ambulatory Surgery Centers: A Great Alternative to Hospital Based Surgery And Cost Effective Too!

Ambulatory surgery centers –ASCs are the health care facilities that offer patients the convenience of having surgeries and procedures performed safely outside the hospital setting. Since their inception which is more than 4 decades, ASCs have revealed a brilliant ability to improve quality and customer service while simultaneously reducing costs. At a time when most […]

Tips to Successfully Overcome Documentation Issues for Wound Care Procedures

Wound care physicians are frequently astonished at “How tons of documentation in a patient’s healthcare record can result in a precarious situation?” Documentation issues related to wound care billing procedures are many; however, jotting down the right codes with eligible codes should be the priority. However, physicians and facilities need to be aware of the […]

How to Use J-Codes to Represent Various Medical Drugs and Services?

Healthcare Common Procedure Coding System (HCPCS) is based on Current Procedural Terminology (CPT) developed by Center of Medicare and Medicaid (CMS). Till 1996, HCPCS was optional but after the passage of Health Information Portability and Accountability Act (HIPAA), the government had made the use of HCPCS mandatory in certain cases. The HCPCS has divided the […]

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