5 Successful Steps that Practice Managers Follow to Maximize Revenue

One of the major focuses of the healthcare service providers undoubtedly is profit maximization and the ideal way to achieve this is through revenue management which can be accomplished by practicing few simple but very important steps. This essential aspect of the healthcare organization is the key role of the practice managers, who by applying […]

Importance of ICD-10 for In-house Medical Coders

ICD-10 is a medical classification list issued by the World Health Organization. The 10th revision of the International Statistical Classification of Diseases and Related Health Problems is used for coding various diseases, their symptoms and signs, complaints, abnormal findings and external causes that may cause such disease or injury. The ICD-10 code is used for […]

Does HIPAA Cover All the Personal Health Data?

Patients leave a lot of personal data in the world wide open network while using Internet search engines, electronic mediums of transactions like credit cards, cell phones, websites and home healthcare medical devices that are prone to virus attacks, etc. Most people are unaware of the fact that some of these information are not covered […]

What Percentage of Healthcare Industry is Affected Due to ICD 10 Delay?

With the extended deadline of ICD-10, medical practices now have time till October 1, 2015 to train and test their capabilities with the new coding system. This delay has given another year to the providers to gear up for the new coding standard, but it has also affected the healthcare industry as a whole. Effect […]

How Effective are Consultants in Streamlining Cash Flows in Clinics?

Scores of patients used to crowd healthcare facilities, especially the OPDs, creating a lot of chaos and confusion for the healthcare personnel and administrative staff. However, thanks to the efforts of consultants besides a host of other factors such as automation, new time management techniques and tools, well trained staff, etc., the scenario of practices […]

Is your Front Desk Specialist Trained for a Complex Clinical Environment?

Efficiency of a clinic largely depends on the front desk staff and these professionals can contribute hugely towards patient satisfaction. These two basic reasons call for training the front desk specialists. It has proven to not only help enhance collections but also to reduce the accounts receivables age. Medical practices should step up their efforts […]

Top 5 Concerns of an Office Manager in Any Clinic

Although for most of us, the grass is always greener on the other side of the mountain, at times it is not so for some. This is especially true for office managers in the healthcare industry. It might seem as though the sky is falling over their head; such are the challenges and concerns that […]

Issues of Ohio Healthcare Amendment

The Ohio healthcare amendment was created to give authority to the Ohio Health Care Uniform Pricing Board to administer the following: A system of fair and consistent pricing for the medical services provided Monitor if the health insurance companies spend 95% of the total premiums received on claims Creation of an Ohio Medicare for All […]

Newly Introduced Iridium Vs. Office Ally software in Medical Billing Industry

In today’s times medical billing software is an important part of every medical practice because they help control the cash flow, which is the lifeline of the practice. A good medical billing software helps to streamline claims submission, provides good reporting modules to manage the cash flow and in turn speed up the payment time. […]

Simplifying AR Management in Medical Billing Processes

A significant element in the field of healthcare financial management is the accounts receivable management (ARM) in medical billing, which is crucial to the success of one’s practice. Accounts receivable basically means the sum owed to a medical practice for the services provided but not yet paid. It indicates the economic health of any business. […]

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