According to a Physician Compensation survey conducted by Sullivan, Cotter, and Associates, specialty physicians across the US saw a 1.9% increase in their compensation in 2014. Internal medicine physicians also experienced a two percent change in their compensation between 2013 and 2014. The median total cash compensation for them recorded in 2014 is $213,428. Our […]
Medical billing and coding can be described as the procedure where a hospital caters to the needs of patients and submit the physicians’ bills to insurance companies for claims reimbursements. In order to receive the billed payments for the services doctors provided, it is necessary for the billing staff to submit accurately filled forms. It […]
The CPT 2015 will have approximately 550 new, revised, or deleted codes. It will also include revised guidelines and terminologies. These changes will affect family medicine physicians, cardiologists, radiologists, and internal medicine practitioners too. Similar to other medical specialties, family medicine will have to gear up for dozens of new and revised vaccine codes in […]
Smartphones have become an integral part of day to day life. As they say nowadays, “there is an app for everything”; it is true indeed. Nowadays there is an application for things ranging from reminders to calorie check to which medicine to take and what alternative medicines are available if the physician prescribed medicine is […]
Most cardiologists work under hectic and stringent time schedules making it quite difficult for them to balance their professional and personal lives. Moreover, even after fully concentrating on their professional career they find it difficult to beat the tough competition that persists in the industry owing to the lack of time on innovative research.
Most medical practices are losing out on their revenue because of many reasons. Knowing them and getting an idea for boosting revenue can take the medical practice a long way in terms of reputation and quality service. Most medical practices are facing a lot of financial crisis these days owing to the reduced remunerations and […]
Medical billing services play a pivotal role in assisting a smooth transaction between the payer and provider. They make sure that the payer makes the correct payment for the services rendered by the provider. Similarly, they also make sure that the provider has billed the correct medical plan and have used the correct codes so […]
Many Ob-Gyn specialists are facing medical billing and coding difficulties due to the 2014 CPT and Medicare code changes. These changes include a clarification of who should be billing discharge-day management, new codes for image-guided fluid drainage, the addition of inter-professional Internet and telephone consultations, and new codes for fibroid embolization and laparoscopic ablation of […]
Orthopedic coders need to keep up pace with the coding changes. Even a small coding error can lead to a potential fraud and result in a claim denial. There is a strong need to minimize the time being spent on combating coding issues. Providers need to place more focus on boosting their practice’s revenue, reducing […]
Information technology is playing a major role in every field and the government is taking pains to extend its role into the healthcare sector as well. They have chalked out various policies and spent billions of dollars in the form of Medicaid and Medicare health programs so that healthcare information technology (HIT) is used widely. […]
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