Is your outdated revenue cycle technology causing billing and reimbursement issues?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

How can outsourcing help you Deal with Shortage of Trained Medical Billers and Coders?

Shortage of billing and coding staff remains to be one of the major problems faced by medical practices. Providers find it difficult to enhance revenue and sail through billing challenges as finding and hiring qualified coders and billers is difficult and expensive. How will the shortage affect your practice? The market not just lacks qualified […]

Importance of Defining Medical Billing Responsibilities at your Medical Practice

Given the increasing complexities of reforms that are affecting the day-to-day operations of healthcare organizations, a generalized workforce has to make way for specialists responsible for specific areas with clearly defined tasks to perform. In a healthcare operation driven by specialists, a physician will know who to handover medical details to, to be used for […]

Streamline Orthopedic Billing to survive Medicare Cuts

Rising healthcare costs and declining Medicare payments and are two key business challenges being faced by orthopedic practices. Due to the drastic impending cuts in professional fees, providers are finding it difficult to run their business smoothly. Many physicians have already left the Medicare program as they are unable to stay afloat in the current […]

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