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Lessons learnt in Medical Billing from 2015 to Improve on in 2016

Lessons-learnt-in-medical-billing-from-2015-to-improve-on-in-2016

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 […]

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Your ICD-10 Goals for 2016

  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 […]

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Heal your Practices by Reducing Denials

heal-your-practices-by-reducing-denials

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 […]

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Otolaryngology – Better practices for a Smooth Flow of Revenue

otolaryngology-better-practices-for-a-smooth-flow-of-revenue

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 […]

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Will ICD-10 Increase Denials Next Year?

will-icd-10-increase-denials-next-year

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 […]

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How will Outsourcing Help DME’s?

how-will-outsourcing-help-dme

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 […]

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4 Common Misconceptions about Ambulatory Surgical Centers (ASC)

4 Common Misconceptions about Ambulatory Surgical Centers

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 […]

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Health Care Industry Highlights-2015

As we move to a close of 2015, the healthcare Industry has seen a lot of ups and down, and changes that although seemed to threaten disruption, but have created just minor ripples. Here is a fleeting glance at the industry. CMS & Reporting Requirements In January 2015, Medicare announced that it would ramp up […]

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