The Affordable Care Act has left the healthcare providers in the US worried. A survey conducted sometime back reported that 55% of hospitals expect a dip in their revenue while only 28% think that there would be an increase in revenue. But the survey also revealed that a considerable number of those who are informed […]
One of the most frustrating issues for a physician is delivering quality medical services and not getting paid for it. Your practice can become successful only when the receivables are captured at all times. In absence of follow ups, you will not be able to recover the deserved amount as the recovery process becomes close […]
Accountable Care Readiness or ACO is the concept of healthcare providers (medical groups, practices and hospitals) collaborating for bringing down care costs and improving healthcare quality for specific patient population. It is most certainly the rising phenomenon in the exceedingly competitive healthcare industry. With government regulations, audit costs and increased coverage of Medicare and Medicaid […]
A truly successful medical practice in today’s evolving healthcare industry is one that has its goals aligned with its medical billing goals. To a physician, however, it may seem like yet another time consuming task, but well determined objectives of a medical practice, if successfully translated into billing and coding practices can result in enhanced […]
Efficient medical billing practices can make or break your medical practice and if anything can verify this statement, it is an RAC audit. RAC audits of Recovery Audit Contractor audits are nothing short of a nightmare for any healthcare provider. Medicare and Medicaid are two healthcare carriers that provide coverage and reimburse physicians and hospitals […]
Healthcare industry is undergoing constant reforms and with the new provisions set forth by the Affordable Care Act (ACA), physicians would certainly need to seek professional help to tackle legal issues in 2013. The government and insurance carriers are becoming highly vigilant about patient information and claim requirements. At the same time more and more […]
Are denials, ignored or lost claims, inaccurate coding and underpayments making it difficult for you to collect the revenue you have earned? Physicians have a busy schedule and with the doctor patient ratio getting disproportionate across the US, handling the task of medical billing and coding has turned into a daunting task. Complexities of coding […]
With ever changing healthcare regulations and evolving high tech healthcare industry, the profitability of your practice can vary dramatically based on how attentive you are to your medical billing reports. Medical billing involves payment for your services by the patient or reimbursement by claim carriers like insurance companies, Medicare, Medicaid, etc. The entire process of […]
The advent of digital technology has been quite a boon to healthcare industry, more so to radiology, whose role in clinical diagnosis and planning the right course of medical intervention continues to be more critical than ever before. Physicians and patients’ reliance on digital or electronic radiology interpretation is so much that it is virtually […]
Medical practitioners, whose immediate concern has been quality patient care or clinical excellence, may be swayed away by a compelling healthcare regulatory compliance. ;While regulatory compliance may have been designed to rationalize the entire healthcare delivery, optimize medical expenditure, and improve outcomes for patients, it is still quite a task for practitioners, who may not […]
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