We are stepping into the New Year! 2015 has been a roller coaster ride with multiple healthcare changes that took place, the greatest of them being the implementation of ICD-10. Healthcare centers handled these changes pretty well, of course with effects that were pretty much visible. Striking a balance between the administration work and patient […]
Health providers have not always been meticulous when it comes to patients billing, and have suffered reimbursement setbacks. Added to this, were wrongly coded claims, no timely follow-ups with denial claims and A/R billing. However, with the changing healthcare reforms, CMS rules and regulations, and the ACA act, popularly known as the Obamacare Act, physicians […]
Come 2016 and the medical fraternity is close to panicking, worrying about the plethora of regulations that will certainly herald the new year with. However, everything is not as bad as it seems, and the world is certainly not coming to an end. With no noticeable increase in denials, experts opine that the key […]
Doctors, whose raison d’etre is to heal, actually end up focusing on loopholes in their billing process than focusing on tending the patients. Healing their patients and working towards healing the shortcomings of their billing process, resulting into denials is more of a balancing act. Most often there is a question as to why bills […]
One of the oldest medical specialties in the US is that of Otolaryngology. Medical practitioners in this area cure illnesses of the ear, nose, throat, and sometimes, the head and neck areas as well. This specialty encompasses the general and surgical treatment of among others, endoscopic sinus, allergy problems, sleep disorders, clinical audiology (usage of […]
The run-up to October 1, 2015, had led many medical practitioners to predict that with the integration of the ICD-10 coding system, the denials rates would increase two-fold and the accounts receivable cycles would lengthen to an estimated extra 40 percent than what they were at present. A recent survey conducted by KPMG, a New […]
Billing is the chief characteristic of any business. The same holds true for DMEs (Durable Medical Equipment); which denotes billing for the usage of medical equipment and supplies. DME includes wheelchairs, nebulizers, oxygen, traction equipment, walkers, kidney machines, crutches, ventilators, etc. DME is covered in certain illnesses under selected preconditions such as – if it […]
Ambulatory Surgical Centers or ASCs as it is commonly called were first established in Phoenix, Arizona in 1970 by two physicians who wanted to provide comfortable care to the people in their community so that they could avoid more impersonal venues like hospitals. Slowly over the years with Medicare approving payments to ASCs they have […]
Medical billing and coding is complicated and not an easy straightforward process. The multitude of rules and regulations, the introduction of the Affordable care Act (ACA) or popularly called as Obamacare, and the present switch from ICD-9 to ICD-10 coding system, has only added to the complications to medical billing and coding. It takes awareness, […]
Smartphones have had a radical impact on our lives in many ways today. Be it the convenience of banking while on the go or shopping from the comfort of our homes, the Smartphone has become a part of our daily life. With innovations in digital technology, the ubiquitous Smartphone is set to make its impact […]
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