Internists Handle New Regulations and Coding Changes in 2013 with Efficient Medical Billing

According to CMS, internal medicine physicians will be enjoying an increase in reimbursement rates this year. However, along with this 2013 has brought in a series of regulatory changes for internists to deal with, which most internal medicine physicians are finding difficult to handle. To be fair, all the changes are not financially negative in […]

How Can Outsourcing Medical Billing Functions Help Reduce Practice Costs And Increase Revenue?

Cash flow for a practice greatly depends on timely follow ups with insurance companies and reimbursements. Only when you manage medical billing and coding effectively, you will be able to handle your revenue cycle and account receivables. How much has changed due to healthcare reforms? Even though responsibilities and goals have remained same after implementation […]

Value of Outsourcing Family Practice Billing Amidst Changes to Medicare Rates

Medicare rates are expected to dip by 25 – 30% in the months to come. Casual healthcare observers may think family practices will be affected only financially by this. But the fact is Family Practices are contending (or will) with a series of impacts caused by changes in Medicare rates- Decrease in Medicare rates will […]

Improve Denial Management At Your Medical Practice By Switching To A Billing Service!

Medical claims denials have become a norm rather than an exception given that insurance payers’ computer software is geared to find the slightest anomaly and use it as a base for rejection. Simple statistics show that only 70% of claims are paid on first submission. Of the remaining, medical practitioners never bother to resubmit in […]

Outsourced Medical Billing an Avenue For Optimizing Practice Income

A physician takes all the necessary measures to treat his patient, but are the rewards received easily? The answer to this question would be a NO. In the current healthcare scenario a physician has to face various challenges to claim his allowable amount from diverse payers depending on their varied policies. Additionally insurers have a […]

Internal Medicine Practices Handling A Unique Billing Process Gain From Specialized Medical Billing

Medical billing can be challenging for all types of medical practices; however, for internal medicine physicians/internists, it can be even trickier as the billing procedure for them is quite unique. Internal Medicine Practices is a medical practice providing healthcare services for adult patients Why is Billing Unique for Internists? For the majority of medical conditions, patients […]

Necessity of Experience and Expertise in Family Practice medical Billing

Family practice has traditionally ailed from under revenue collection for various factors related to billing and coding, like modifier omission, lack or inadequacy of supporting documentation, underscoring and claim submission. These may look like minor errors but their impact on revenue is anything but minor. For example, given the rates at which Medicare pays family […]

Efficient Medical Billing and Coding Is an Essential for Internal Medicine Practice’s Maintaining Profitability

Financial stability and profitability are becoming a rising concern for all medical practitioners with the ongoing changes that the healthcare industry is experiencing. Increased patient walk-ins, reduced Medicare reimbursements, declining collections and coding complexities are making bottom lines diminish for many medical practices. In such a bleak industry atmosphere, internists are facing the toughest of […]

Internal Medicine Specialists Facing Diverse Medical Billing Challenges Employ Best Billing Practices!

Internal medicine practitioners offer a wide range of care services and are more often than not, the first physicians that a patient consults in case of an unknown illness. They are not limited to certain body systems, distinct diseases of specific treatments or procedures. Internists have to provide medical attention to a wide range of […]

Podiatrists Struggling With Ever Increasing Costs Utilize Efficient Medical Billing Practices to Ensure Maximized Revenue

With continual healthcare reforms and surmounting medical costs, it is becoming increasingly difficult for physicians to maintain healthy revenues and still deliver quality care. Podiatrists struggle the most with ever increasing costs and have to improve their medical billing practices in order to maintain financial viability in the times to come. In addition, there is […]