Impact of Inaccurate Minor Office Procedure Billing The financial setbacks from inaccurate medical billing can be far greater than you might expect. According to the American Medical Association (AMA), medical billing errors can result in an average revenue loss of approximately 7% for physicians annually. For medical practitioners, this can result in thousands of dollars in […]
Proven Methods for Accurate Billing of Minor Office Procedures
Read More.. Proven Methods for Accurate Billing of Minor Office Procedures
Boost Your Bottom Line: Optimizing Billing in Family Practice
Optimizing Billing in Family Practice: Are billing errors and delayed reimbursements draining your practice’s revenue potential? Optimizing billing in family practice is crucial due to the complexity of handling a wide range of treatments and diverse patient demographics. Inaccuracies in billing in family practice can significantly impact your revenue, making precise claims submission essential for […]
Finding the Balance for Accurate Reimbursement in OB-GYN Billing
As an OB-GYN practitioner, your primary focus is providing exceptional patient care. However, the complexities of reimbursement in OB-GYN billing can consume a significant portion of your time and resources – eventually overshadowing your primary goal. Inaccurate reimbursements directly impact the financial stability and quality of care in your OB-GYN practice. Errors in coding and […]
The Advantages of Upgrading Your OB-GYN Billing and Coding Platform
Did you know an outdated OB-GYN billing and coding platform can be dangerous for the financial health of your practice? The life of obstetrics and gynecology practitioners is very hectic and tiresome. As a result, finding time to manage the financial aspects of such a demanding practice can be challenging. Upgrading your OB-GYN billing platform is […]
Strategies to Reduce Rejected Claims in Wound Care Billing
Struggling to deal with rejected claims in wound care billing? High rates of rejected claims can result in significant financial strain on your wound care practice. In the US, one out of seven health insurance claims is rejected, leading to approximately $262 billion in annual losses for hospitals. Worry not! Here are the best strategies […]
Dealing with Denied Family Practice Claims in Legacy AR Systems
Dealing with family practice claims can be more challenging than you imagine–especially with denied claims in legacy AR systems. Family practice claims in legacy AR systems are outstanding balances for medical services rendered by family practice providers. These claims have aged beyond the typical billing cycle and remain unresolved due to denials, errors, or lack […]
Overcoming Challenges in Optometry Billing with Old AR
Optometry Billing with Old AR: A Threat to Your Practice Are old accounts receivable (AR) silently undermining the financial health of your optometry practice? Efficient revenue cycle management is essential for the success of your optometry practice, and AR plays a pivotal role in this process. Old AR in optometry billing refers to unpaid claims […]
Avoiding Rejected Claims in Obstetrical Billing
Are rejected claims in obstetrical billing draining your practice’s revenue and efficiency? Changes in Current Procedural Terminology (CPT) codes and the implementation of ICD-10 have added layers of complexity, resulting in increased claims denials and slower revenue cycles. Here are some effective strategies to help you avoid rejected claims in obstetrical billing and improve your […]
Utilizing EHRs and Coding Software in Dermatology Billing
Are you aware that leveraging automation tools and coding software in dermatology billing can ease administrative burden and boost your practice’s efficiency? Dermatology billing is a challenging and time-consuming process. Due to their complex and lengthy procedures, dermatologists face unique challenges in billing and coding. The Federal government of the United States has mandated the […]
Navigating Old AR and Recovering Denied Orthopedic Claims
Is your practice struggling with overloaded old AR and recurrent denied orthopedic claims? Orthopedic practitioners often find managing accounts receivable (AR) and recovering denied claims challenging––yet these tasks are essential for maintaining financial stability. Failing to manage old AR can severely obstruct your practice’s cash flow and operational inefficiency. Understanding Denied Orthopedic Claims Denied claims, […]
