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 […]
In the complex and ever-changing landscape of healthcare, providers face challenges related to reimbursement rules, coding requirements, and regulatory compliance. Managing the financial aspects of a healthcare organization effectively can be daunting. This is where the Central Billing Office (CBO) steps in. What is a Central Billing Office (CBO)? A Central Billing Office (CBO) is […]
Medical coding is a key process of revenue cycle management. Whether you are facing a high rate of denials and not achieving best-in-class A/R outcomes or not receiving timely insurance reimbursements, the impact of low-quality coding shows very quickly on your practice collections. Medical coding not only produces clean claims but also helps identify issues […]
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