Healthcare industry is experiencing an incessant increase in demand for primary care and specialty care. With more number of people getting coverage under Medicare and Medicaid, medical practitioners will have to juggle a lot of responsibilities for maintain healthy practices. In addition to ensuring quality patient care, medical practitioners spend a lot of time and […]
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Accurate Medical Billing Functions Which Help Practices Overcome Losses & Increase Productivity By 30%!
Medical Practices lose approximately 20-30% of their income due to errors made by the internal billing department, as deduced from various studies. If your billing functions including coding, denial follow ups, collection of patient receivables, staffing and accurate charge entries are not done properly, you will end up losing thousands of dollars on a yearly […]
Understanding the Impact Affordable Care Act Will Have on Family Practitioners & Their Reimbursement Patterns
Affordable Care Act is the upcoming revolution, expected to change the face of the healthcare industry in the years to come. It will not only extend quality care to patients but also improve the way medical services are administered by healthcare practitioners on the whole. Financial advantages of the ACA are hard to ignore and […]
Family Practices Handle New Updates and Coding Changes in 2013 with Efficient Medical Billing
Efficient medical billing practices can strengthen the financial backbone of a family practice and allow family practitioners to focus on the service aspect of their practice. However, in a constantly evolving healthcare industry the need to Update Medical Billing at regular intervals becomes absolutely indispensable. It goes without saying that the year 2013 will see […]
Physicians Balance Healthcare Reform Demands with Work Demands through Effective Medical Billing
Due to the new reforms brought on by the Obama administration, healthcare centres across US are soon likely to receive increased number of patients, handle increased number of administrative activities and hence require to spend increased amount of time on balancing work and reform pressures to be able to run a profitable practice. Difficulties in […]
Challenges Push Family Practitioners to Partner with Medical Billing Specialists to Improve Revenue
Despite the delay in implementation of 26.5 percent cut in Medicare family practitioners payment, AAFP continues to call on Congress for a repeal of the sustainable growth rate (SGR) formula. This is understandable because the deferment means a temporal relief for family practitioners and if SGR is around, given that it assesses growth solely from […]
Overcoming Cardiology Medical Billing Concerns in 2013 with Complete Revenue Cycle Management
As a specialized healthcare field, Cardiology has cherished generous government support for testing services and unhindered reimbursements. However, with new developments in Patient Protection and Affordable Care Act (PPACA) and lower reimbursements given recent healthcare reforms, Cardiology billing is expected to face some serious issues in 2013. In addition, ICD -10 and HIPAA regulations are […]
How will the Affordable Care Act Impact Cardiology Practitioners and Their RCM?
Healthcare industry has been undergoing steady reforms over the past couple of years and the changes are expected to continue. The objective of this ongoing transformation is to achieve improved healthcare services with increased focus on quality care. In such a scenario, Affordable Care Act is being viewed as a promising way of improving healthcare […]
Cardiology Practices Cope with the Challenges Emerging from Changes in Medical Record Auditing
Medical record auditing is undergoing changes and this has made even the most prepared physicians nervous. Quality of care and services offered by a medical practice is determined by the thoroughness of clinical documentation and medical records maintained by the practice. Therefore, for every Cardiologist, already facing the recent revision to cardiology fee schedule besides […]
Cardiologists Handle New Regulations and Coding Changes in 2013 with Efficient Medical Billing
Cardiologists are likely to face an entirely new scenario with respect to regulations and coding in the upcoming future. With healthcare industry implementing constant reforms and the government as well as private insurers subscribing to increasingly efficient methods of medical billing and claim filing, cardiologists can’t afford to lag behind. In addition to providing quality […]