Streamline Cardiology Medical Billing for Improved Profitability and MU incentives

US will continue to be the largest market for health IT, due to incentives being given by the government for health IT purchases. According to a report from Global Industry Analysts, the global market for health IT products is forecasted to reach $66 billion by 2020. This increase will be mostly driven by the desire […]

Is your Dental Practice Facing a huge outstanding AR?

According to a survey, dentists perceive past due accounts as the biggest threat to their revenue cycle. Past due debt should not be an accepted way of doing business. If you have slow or lazy payers, you need to take necessary measures to reduce account receivable days. Don’t be complacent when it comes to bad […]

How can Streamlined Cardiology Billing Change your Decision to Sell your Private Practice?

Uncertainty over healthcare reforms, rising costs, and failing payer reimbursement are some of the factors due to which cardiologists are selling their private practice to hospitals. Extensive coverage of billing and coding for cardiology specialties like – General Clinical, Interventional, Nuclear Specialty, Heart Failure, Transplant, and surgery– has been pivotal. According to the US Physician […]

Is your outdated revenue cycle technology causing billing and reimbursement issues?

Ineffective revenue cycle management technology can lead to disrupted cash flow and negative profitability. According to a study released by market researcher, Black Book, approximately 72% practices (whether running independently, in a network or as a part of a large hospital system) expect a sharp decline in profitability in 2014 due to inefficient or underutilized […]

Enhance Revenue Collection with Specialized Radiation Oncology Billing Services

Radiation Oncology Billing Services has become extremely daunting over the years. Whether you have an in-house billing department or you plan on outsourcing, it is extremely important to collect the payment due at patient visits. Similar to other specialties, even radiation oncology practices need to have a team of engaged, professional coders and billers who […]

Hire a Billing Service to Overcome Challenges Faced by Chiropractic Practices

Compared to other medical specialities, chiropractors face a lot of pressure and responsibilities of running a business. This leaves them with little time for patient care which is extremely important to receive a constant flow of patients. Coding recommendations and billing regulations keep changing in the chiropractic and pain management arena. Increased administrative work involved […]

Don’t let Medical Billing Challenges affect your Chiropractic Practice

Chiropractors have been facing 26% fee cut for some time and with ICD-10 round the corner, it has become important to be prepared for billing challenges. According to a survey, a large number of chiropractic practices in the US are not yet prepared for the new code set. The survey was conducted on 300 providers […]

Hire a Billing Service to sail through Chiropractic Billing issues in 2014

Chiropractic practices might face various billing challenges in 2014 if they are not well-prepared. There are few common medical billing errors that lead to revenue loss and increased audit risk: Wrong allocation of ICD-9 codes for rendered services Provision of all services at one level and billing all services at a high level Failure to […]

Is Your Practice Prepared for the ICD-10 Changeover?

Implementation of ICD-10 will not only affect staff, payers, vendors and physicians but it will also impact revenue cycle for medical practices. Physicians have the most to lose because claim submission with coding errors will result in delayed or no payment. As the new coding system is round the corner, it has become vital for […]

How Can Outsourcing Solve Medical Billing and Reimbursement Challenges for Physicians in 2014?

Considering the rollout of healthcare reforms and deadline for ICD-10 transition, 2014 will prove to be a challenging year for physicians. Medical billing and reimbursement changes in 2014: 20.1% drop in Medicare reimbursement has been announced by CMS for professional services. While some specialties will benefit in 2014, other specialities including pathologists, interventional pain management […]

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