The medical field is rapidly evolving and subsequently has regular advances in medical billing and coding procedures. Even though your medical practice might be using the latest RCM and ICD codes it can be caught unawares of these changes. The relevant numerical code must be assigned to a specific procedure or treatment carried out enabling […]
A sound billing and coding process is very crucial for timely settlement of claims and ensuring steady revenue generation for your gastroenterology practice. All medical billing and coding practices must be kept in order to ensure that all claims are settled in an appropriate manner. It is important that your medical and support staff are […]
The importance of keeping abreast with the rapidly changing medical coding and billing practices cannot be emphasized enough as Gastroenterology is a rapidly growing area of patient care. Every day new and detailed surgical procedures and relevant codes are added to the ever-growing list of gastroenterology practices. It is paramount to avoid the dreaded audit […]
Gastroenterology practices must take the new coding changes into account in order to avoid leaving significant money on the table. Approximately 25% of the AMA (American Medical Association’s) changes to CPT codes in 2014 will be affecting gastroenterology coding significantly. These changes have been brought in order to revise gastroenterology codes for capturing advances in […]
Neurology practices face new medical billing and coding rules every year. Due to time constraints, providers fail to follow the new guidelines for Neurology billing, which results in incorrect claims and lost payments. It also increases administrative/operating costs, affecting practices’ financial health. In addition to the Evaluation and Management codes used by neurologists, there are […]
Operating costs were listed as the top concern for medical practices in 2013; however, billing and payment hurdles also kept physicians on their toes. Family practitioners also raced in order to keep up with changes in CPT codes which proved extremely challenging, especially for providers with weak profit margins. The majority of revenue for a […]
Maintaining accuracy in documentation is extremely important for optometry billing. This is not only required for error-free coding, billing, claim submission and follow-ups with insurance companies but also for avoiding malpractice lawsuits. Insufficient and inaccurate documentation have cost medical practices millions of dollars. Rate of errors may have dropped for optometry practices but even a […]
Overhaul of codes, forms, rates and standards: the current year is going to be very eventful for care providers from a billing and coding standpoint. But whether you will emerge through these challenges 11 months later with your revenues stronger or weaker – depends on how well you can prepare your practice to meet the […]
If you are a dental practitioner, with the ICD 10 implementation deadline nearing, you are worried not just about successfully transitioning to ICD 10 CM. But also whether you fully understand ICD 10, for example, do you understand its coding intricacies, is your dental practice geared to be on ICD without any operational or financial […]
Rising expenses amidst reimbursement cuts is one of the biggest challenges faced by orthopaedists in today’s time. It has not only affected the financial health of practices but it might also lead to restricted care for some patients in the future. Billing issues: Decline in reimbursement has affected orthopaedic surgeons and healthcare providers across the […]
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