With the advent of electronic billing and coding practices, modern healthcare has benefited tremendously over the past decade. Physicians no longer have to stay on a lookout for coding changes to keep their practices away from mis-coding and claim denials. Coding manuals have become redundant with electronic billing software well equipped to integrate coding changes […]
The CMS physician fee schedule of 2014 and Medicare modalities have brought in an era of financial stress and reduced pay-outs for medical practitioners. Physicians are reluctantly admitting and accepting the payment cuts given their prior commitments for certain processes. Medicare on the whole has announced 2-6% of cut in various reimbursement ratios. However, the […]
Every year in healthcare over the last decade has been nothing short of exciting. But 2014 is in particular going to be the most ground breaking one for the healthcare industry. Physicians can look forward to maximizing their reimbursements rates with regulation adherence or can face serious penalties and risk of medical audit due to […]
The coding transformation from ICD 9 to ICD 10 is undoubtedly the biggest change that healthcare industry will be experiencing in 2014. While medical practitioners will now have to use a range of 155000 diagnosis and procedural codes, dental billers and coding practitioners are also going to face major challenges in terms of identification and […]
The healthcare industry has been continually evolving over the last decade with EMR reforms, Medicare inclusion, pay-for-performance reimbursement standards and ICD 10 coding changes. But there is one change that has been repeatedly causing government and care providers to worry about reimbursement rates and growth of their practices. The Balanced Budget Act of ’97 introduced […]
Cardiology billing has always been a demanding process in the healthcare world. With more than a million Americans, over the age of 65 and possibly with a heart condition, becoming eligible for Medicare inclusion in 2014; cardiology billing services become even more crucial. Medical practitioners already have to spend a lot of time and resource […]
Cardiologists are rearing to undergo an overhaul of their medical billing and coding processes in 2014 with imminent coding and regular changes around the corner. While some changes will be welcome, some may be a herculean task to absorb in the current billing processes. However, with effective use of Electronic Medical Records (EMR) and CPMS […]
Podiatry is specific to the procedures for toe, ankle, or foot treatments, so medical billing and coding is a specialized process with detailed and specific codes. It also carries very precise guidelines and policies for the procedure to be billed. Your Podiatry practice cannot ignore the rapid changes and updates in the codes or will […]
The medical billing and coding process is constantly evolving and newer codes are introduced every day. It is very important for your medical practice to constantly adapt to these changes in their billing and coding systems. The Revenue Cycle Management (RCM) is the basis of any financially sound medical practice and a well satisfied patient […]
The success of your dental practice relies on low over head costs, maximum revenue for services performed as well as satisfied customers. The generation of high revenues is possible if all procedures right from consultation, coding, billing and reimbursement by the payers is error free and timely. The medical billing and RCM of your dental […]
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