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Improving Medical Billing Procedures to Avoid Optometry Billing Malpractice Claims

Improving Medical Billing Procedures to Avoid Optometry Billing Malpractice Claims

Optometry has emerged as an alternate medical stream that is fast sharing the burden of primary eye care providers and offering increasingly specialized services. With healthcare industry undergoing consistent reforms aimed at bringing more and more patients under Medicare or Medicaid coverage, Optometry practitioners are experiencing an increasingly diversified payer mix. While this means increased […]

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Designing Medical Billing and Coding Practices to Improve Profitability of Your Optometry Practice

Designing Medical Billing and Coding Practices to Improve Profitability of Your Optometry Practice

Profitability is often a much desired yet elusive state which most medical practitioners strive towards yet fail to arrive at without conscious planning. In alternate medicine like Optometry, where majority of procedures demand practitioners’ time, deriving a financially viable revenue cycle becomes an even bigger cycle. Therefore, it becomes even more important for Optometry practitioners […]

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Checking Patient Eligibility While Medical Billing to Ensure Future Payments

Medical billing forms the backbone of healthcare revenue and profitability and is as crucial a process for care providers as are medical procedures. With government regulations becoming increasingly stringent and complicated coding and billing guidelines getting introduced every year, medical practitioners are facing dwindling revenues despite heavy inflow of patients. Clearly, the gap in service […]

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Adopting Dental Cross Medical Coding for Maximum Reimbursement of Bills

Dentists shy away from adopting Dental Cross Medical Coding for the fear of delayed reimbursements, audits, and claim denials. Dental codes are distinctly different from other medical codes. Dentists are more than comfortable filing their reimbursement claims with carriers in the traditional way by utilizing those codes alone. However, there are certain dental procedures that […]

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Guide to Surviving Medicare Rates

If we consider the budgetary formula enacted in 1997 by the Congress, Medicare reimbursements might get reduced by 25% by 2014. A large number of doctors are already refusing to see Medicare patients due to low payment and with this further reduction, more doctors might refuse to accept Medicare patients. It has been estimated that […]

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Survive ICD-10 Conversion Risks with Specialized Billing Services

Merely complying with ICD-10 mandate can prove risky for the financial health of your practice. If you fail to train physicians for ICD-10 documentation, coding will become difficult and it will lead to under-billing and underpayment. Even if you maintain documentation specificity, failing to follow-up with payers and complying with HIPAA-5010 will put your finances […]

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OB GYN Practices Hiring Billing Specialists to Handle ICD-10 Transition

Transition to ICD-10 is going to increase work pressure for OB GYN practices. The new coding system will have twice as many obstetrical codes as ICD-9, adding specificity to the characterization of obstetrical conditions. An organized approach will be required for smooth transitioning to ICD-10 from co-ordinating with payers to testing of existing and new […]

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Outsourcing vs. In-House Medical Billing and Coding Process

The need for outsourcing medical billing operations differs from practice to practice. If you feel that the desired financial results are not being achieved by your practice, you need to assess the problems areas and determine if outsourcing or improving in-house billing and coding process will get you back on track. Providers need to understand […]

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Reduce Your Practice Operating Expenses with Specialized Medical Billing Services in New York

This is forcing physicians to tighten their operating expenses by making some significant changes at their practice. Since physicians can exercise direct control over operating costs than revenue, it becomes easier for them to ensure savings. By cutting costs, your practice will have enough money for retaining skilled staff and for enhancing patient care. Browse […]

Read More.. Reduce Your Practice Operating Expenses with Specialized Medical Billing Services in New York
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