Have you reached such a state of hyper anxiety and at a loss as to why you ever outsourced the billing? Is your Revenue Cycle process not making any profits? Have your administrative and operational costs not reduced? If you answer yes to all of these- then yes your billing vendor has ruined you. But […]
Medical billing is not a child’s play- rarely is there a straightforward billing. The reason being is because each hospital and provider works differently and patients also deal with multiple healthcare providers – for the equipment they deal with different providers, for ER facilities there is another health provider and maybe a third for some […]
Durable Medical Equipment (DME) offer therapeutic benefits to patients who need its assistance owing to certain medical conditions. The items may either be rented or purchased, depending on a number of factors. These, though have set rules for opting either. The rental period for the item is generally 13 months after which the patient may […]
AR or the Accounts Receivable process is the most crucial component in the Revenue Generation Cycle. An efficient AR that involves the success or loss in terms of the rate of denials &/Rejection medical claims process can have a positive or negative impact on the Medical Billing practice. With the changing healthcare the ever nagging […]
After the outbreak of Ebola in many parts of Africa that also infected many US residents last year, healthcare workers have now been notified to tackle another tormenting disease, in the form of the Zika virus. This deadly disease has been a constant threat to toddlers and mothers. Observing the rising number of patient’s queuing […]
It’s all about Billing, Billing, Billing – Ringing in the cash revenues! Here are some mind-boggling Medical Billing facts that affect healthcare revenues impacting the Revenue Cycle Management Process and medical billing practices. The total market size of outsourced revenue cycle management (RCM) services has already reached $5 billion, and it is estimated that escalating […]
There are innovations taking place all around the medical and healthcare industry. Many physicians are getting attached to products and services in the medical field that is making the daily work process an easy system to follow. Right from appointing an outsourced medical billing facility to managing the vast patient data for insurance claims, hospitals […]
Ambulatory surgical centers have certainly been a revolution. However, there are some surgical procedures wherein the physicians working at the facility have been subjected to a pay cut or the revenue generated for their procedures has not been fully paid for. Well, there are various reasons that are hampering the revenue cycle of ASCs, but […]
Ambulatory Surgical Centers are the latest trend and have become increasingly convenient for the patients. This has taken the billing charges for ASC’s on a higher side, owing to the number of procedures for various specialties catered to. Based on a recent Industry overview, it has been reported that, Ophthalmology makes up the largest percentage […]
Durable Medical Equipment (DME) like Crutches, canes, special cots, wheelchairs, slings, electrodes, etc are being frequently prescribed by physicians to help out people who have suffered injuries. However, there are several models and types available with a host of features. It is important that an injured person gets the correct equipment at an affordable price. […]
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