Anything fresh and new is always exciting. To see one’s long cherished dream being actualized can be an out of body experience for many. All those sleepless nights, dreams, constant flow of thoughts, aspirations and asking a million questions before it all became a reality can be a fulfilling experience. Well, it’s almost like giving […]
In today’s times the medical community faces a plethora of challenges and shortage of physicians is one of them. The WHO is estimating a shortage of more than four million physicians and health care workers around the world. So, one can safely say that both, the developed and the developing nations will have to come […]
Miscommunication between the healthcare providers and coding professionals is one of the major reasons behind improper medical billing. The billing system in US has turned complex due to its Affordable Care Act (ACA). With more Americans heading towards insurance coverage in 2014, the possibility of errors has increased. Industry facts: As per an estimation by […]
The Obama government is making every possible effort to digitize the entire process of medical record keeping. Apart from increasing administrative efficiencies and reducing healthcare costs, adoption of EHR has been helping practices prevent careless billing errors. According to a New York Times analysis of Medicare data from American Hospital Directory, Medicare payments increased by […]
Electronic Medical Record (EMR) services or Electronic Medical Services are the need of the hour. They are much superior to the traditional paper-recording practices which were prone to errors and limitations. EMR ensures that entire billing is managed electronically in a faster, systematic and professional way. This data is accessible to many people at the […]
The medical billing process is a relationship between the healthcare service providers and the insurance companies. This process has undergone tremendous streamlining with the coming of technology but there are still some ongoing issues which can come in the way of a smooth run towards getting paid for their services. Some of the potent issues […]
Did you know 80% of patient fees can be collected by a hospital if requested during the pre-admission process? Patients have become responsible for a large portion of providers’ revenue stream due to high deductibles and rising co-pays. In order to increase cash flow and reduce A/R days, practices need to ensure quick collection of […]
Transitioning from paper work to electronic medium can be a time-consuming and daunting task if practices don’t plan in advance. EHR selection should be taken seriously because hasty choices can lead to unnecessary expenditure and serious damage to the profitability of your business. If you want your selected EHR to turn your practice into a […]
An Overview of Neurology Medical Billing Neurology practices, just like any other special need a sound coding and billing procedure to ensure timely claims settlement. It is also vital for generating steady revenue for neurologists, hence they are now Outsourcing Neurology Billing Services. Neurology practices can ensure claims settlement in the right manner only when […]
ICD-10 deadline may have shifted to 2015 but in order to ensure error-free coding and timely reimbursements, radiologists have to enhance the documentation. Apart from being robust, documentation must also contain sufficient information for assigning accurate and detailed ICD-10 codes. Browse all : Radiology Billing Services If physicians in a radiology practice are not documenting […]
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