How aging reports aid in realizing Account Receivables

Notwithstanding the importance of flawless coding in maximizing healthcare insurance reimbursements from insurance carriers, it is the Account Receivable Management (A/R Management) that proves decisive in either making or breaking your chances of mitigating denial or delay of your medical bill claims. Most of the physicians, whose primary focus happens to be quality medical care […]

Posted by Medical Billers and Coders April 27, 2012August 11, 2014Accounts Receivables

Towards Honest Medicare Billing Practices

In an industry characterized by the highest level of professional integrity and honesty, it is strange yet true that health insurance related fraud and abuse have reached alarming heights. While the incidence of fraud and abuse are equally spread across the health insurance continuum, it’s more intense in Medicare. In fact, a reliable survey (by […]

Posted by Medical Billers and Coders April 26, 2012August 13, 2014Practice Management

The Role of radiology in Hospital Revenue

Radiologists are playing an ever-increasing role in hospitals and these deeper involvements are due to numerous factors. The outcomes of such an ever-increasing involvement of radiologists in hospitals can bring about positive outcomes not just in the core aspects of medicine and for patients but also in the form of pecuniary benefits in the long […]

Posted by Medical Billers and Coders April 25, 2012October 2, 2024Radiology Billing Services

The Impact of Front Desk Executives on Physician Revenue and Billing

The front office desk executive in a physician’s practice has numerous functions to carry out such as understanding the patients’ information related to demographics and finance which is needed for effective billing, the responsibility of communicating the financial policy, and knowledge of insurance plans involved in the practice among the many other routine functions essential […]

Posted by Medical Billers and Coders April 24, 2012July 26, 2014Medical Coding

The Impact of Staff Turnover on Physician Medical Billing

Staff turnover in any medical practice or hospital can have detrimental repercussions financially as well as qualitatively when it comes to providing healthcare. However, it cannot be denied that staff turnover or attrition would always be present in any practice or hospital; keeping it in control is important for ensuring long term pecuniary benefits and […]

Posted by Medical Billers and Coders April 23, 2012May 22, 2023Practice Administration

The Role of Medical Billing Consultants in Assisting Physicians

The recent dynamism in the healthcare industry has not just revolutionized the way in which various medical processes are carried out but have also led to an explosive information boom due to new policies, regulations and a complete overhaul in the health care industry. The ability of providers and other healthcare professionals to keep up […]

Posted by Medical Billers and Coders April 21, 2012August 7, 2022Medical Billing Services

The New Coding System Expected to Bring Huge Changes: Learning how to Transit Form ICD-9 to ICD-10!

Medical Coders prepare for this change… Learning New Codes and getting specific: According to the Centers for Medicare and Medicaid Services (CMS), the transition to ICD-10 is occurring because ICD-9 produces very limited data about patients’ medical conditions and hospital inpatient procedures. Medical coders need to be prepared with these new codes as: The ICD-10 […]

Posted by Medical Billers and Coders April 20, 2012September 3, 2015Healthcare Reforms

Coding credentials & skills adequate to secure physician office jobs – Impact of Credit history

For some healthcare practitioners a good credit history is just as important as coding credentials and experience while hiring medical coders. The U.S. Equal Employment Opportunity Commission survey on – the use of credit histories as employee selection criteria – revealed that 13% of organizations conduct credit checks on all job candidates and another 47% consider […]

Posted by Medical Billers and Coders April 20, 2012July 26, 2014Medical Coding

Coders More in Demand as Solo Practices Embrace Technology

Extensive use of electronic health records by all types of healthcare providers along with additional records due to increasing population is forecasted to lead to an increased need for technicians. According to the Bureau of Labor Statistics compared to the average for all occupations – Employment of medical records and health information technicians is expected […]

Posted by Medical Billers and Coders April 20, 2012July 28, 2014EMR / EHR / Health IT

The Role of EHRs towards Physician Productivity and Medical Billing

Electronic Health Records (EHRs) definitely have an impact on physician productivity; however, little research has been carried out in this field compared to the other sectors such as the manufacturing sector where IT implementation has proven to be a successful booster of productivity. Measuring the impact of EHRs or EMRs on physician productivity and billing […]

Posted by Medical Billers and Coders April 20, 2012July 28, 2014EMR / EHR / Health IT