It is an irony that Medicare and Medicaid, which reimburse more than the half of the nation’s total health insurance, have come in for heavy flak by physicians, who claim to have lost considerable revenues that they could otherwise have rightfully earned had they avoided seeing Medicare and Medicaid beneficiaries and favored patients with private […]
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What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collections?
Radiology collections, which have been far from being impressive in the recent years, may further go down amidst a host of issues likely to surface throughout 2013. Significant of those issues is the reimbursement cuts, which is supposed to lead to a reduction of almost 19% in the collections of radiology practices. Further, a 25% […]
In Search of Resources to Counter Radiology Billing and Compliance Challenges
Much like medical billing challenges faced by other practitioners, radiologists too will have challenges unique to their own profession. The general perception of billing being more complex than ever before and progressive fall in reimbursements seems to hold good to Radiology Billing as well. As a result, radiologists may see their revenues dropping considerably, which […]
How Healthcare Data Breaches Warrant the Intervention of Billing Specialists
Technology has really done wonders to the way doctors or hospitals document and exchange healthcare data across the clinical eco-system – with the digital mode, it is now finitely possible to record unimaginable volumes of data in miniature chips, and share them instantly for collaborative clinical management, research, medical billing, and macro healthcare policy decisions. […]
It Is Worth Paying for Medical Billing Services Than Be Affected with Suspended Reimbursements
Affordable Care Act, along with a few other pro-beneficiary health care policies, may have helped rationalize cost of health care as well as cost of health care insurance across the broad spectrum – Medicare, Medicaid, and a variety of private insurance plans offered across the U.S. Beneficiaries could even benefit from lesser co-payment obligations and […]
How Crucial are Cardiology Billing Specialists during Reporting and Following-Up Cardiology Medical Bills?
In the last few years, cardiology has had to manage with negligible fee increase while having to cope up with numerous coding and billing changes. While cardiologists may have seen an increase of 1 to 2 percent increase in Medicare’s fees, they have had put up with reduction in medical reimbursements beyond permissible limits. To […]
The Necessity of Experience & Expertise in Cardiology Billing
Over the years cardiology has branched out into an impressive array of sub-specialties – general clinical cardiology, interventional cardiology, echo-cardiology, nuclear cardiology specialty, heart failure, transplant and cardiology surgery to name a few. Within each of these sub-specialties, cardiologists are often called upon to carry out clinically critical and highly expensive diagnostic and preventive cardiology […]
How to Prevent Shrinking Bottom-Line with Streamlined Cardiology Billing Process?
Cardiologists are reported to have been writing off a considerable chunk of medical bills that could otherwise have been realized if they had a more responsible cardiology medical billing in place. If the industry sources are to be believed, over 20 percent of claims are left unrealized. What is even more worrying is that Account […]
How Specialized Billing Service Helps Prevail Over Unique Orthopedic Billing Challenges
Orthopedic billing has its own share of challenges that seem to get complex with changes in orthopedic-specific CPT codes and modifiers every year or as deemed fit whenever by the governing body for monitoring and recommending coding changes. Quite parallel to this challenge is the orthopedic fee schedules (published by the CMS), which are progressively […]
Are Orthopedics Justified in Embracing HIPAA Compliant Orthopedic Billing to Boost Their Reimbursement
Reimbursements have generally been tight recently for orthopedics – Medicare cuts, shrinking fee schedules, increased technology intervention in medical billing, and a multi-payer environment that is more vigilant than ever have really made it tough for orthopedics to realize their reimbursements to the maximum. But amidst these monumental challenges, HIPAA compliant clinical and operational management […]