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How Analytics Is The Answer To Compliant Coverage Identification for Medical Billing?

How Analytics Is The Answer To Compliant Coverage Identification for Medical Billing?

Today with the healthcare industry undergoing a huge change; adding up a lot of confusion and challenges that physicians practice, hospitals, labs, clinics, and durable medical equipment companies are finding it hard to cope. The liability of the self-pay accounts is a growing problem with the providers which is now incurring billions of dollars losses […]

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Key Takeaways For Physicians From Value-Based Reimbursement

Key Takeaways For Physicians From Value-Based Reimbursement

In the rapidly changing healthcare landscape, payers are asking medical providers to shift from volume-based care; the fee for service to a value-based reimbursement structure. This evolution toward value-based reimbursement benefits the patient, the healthcare provider as well as the payers. Value-based reimbursement encourages healthcare providers to deliver the best care at the lowest cost. […]

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Documentation Challenges for Dermatology Billing and Coding

Documentation Challenges for Dermatology Billing and Coding

Documentation Challenges for Dermatology Billing and Coding It’s not rocket science to know that dermatology billing and coding is one of the most challenging and complex medical specialties in medical billing and coding. Elements like global procedure periods, bundled procedures, and modifiers contribute to a multifaceted coding environment that leads to errors and eventually results […]

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Red Flags under Chiropractic Medical Billing you need to Watch Out For?

Red Flags under Chiropractic Medical Billing you need to Watch Out For?

Exploring or examining the numerous unpaid or denied claims is an exasperating and time-consuming process. On average, more than 25% of the revenue loss faced by healthcare facilities occurs due to poor medical billing and revenue cycle management. According to the research report presented by the Medical Group Management Association (MGMA), the average cost of […]

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Physicians achieving Better ROI with Claim Status Checking

Physicians achieving Better ROI with Claim Status Checking

A vital undertaking of any medical facility large or small – independent or outpatient is to track or check the claim status of a patient’s health cover. With having the knowledge of the claim status many healthcare units face revenue leakages, which in turn pushes them towards winding up their businesses (healthcare facility). How can […]

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Technology can help you Promote Value-based Reimbursement

Technology can help you Promote Value-based Reimbursement

Before we understand how technology can improve your Value-based reimbursement we have to understand what a value-based reimbursement means for hospital billing. Hospital revenue is currently going through a turmoil of value-based reimbursement you have to satisfy the following criteria Risk-adjusted mortality Risk-adjusted readmission rates Low-cost structure Along with this, we have to stay in-line […]

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Why Hospitals are Facing Shortage of Oncologists?

Why Hospitals are Facing Shortage of Oncologists?

Growing Demand for Oncologists Technological advancements in medicine have resulted in age longevity of America’s already growing population. This has allowed an increase in the record number of cancer cases diagnosed every year along with number of survivors and deaths resulting from it. Such an overall increase in the number of cancer cases has also […]

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Will Trump’s Healthcare Policies Impact the Business of Medical Billing Companies?

Will Trumps Policies Impact Business of Medical Billing Companies?

President Donald Trump is a man on a mission who wants to fulfill the election promises he made to the American public. Among the several campaign promises, one that is the most discussed is the repelling Obamacare. Doing so will have short to medium term impact to several medical billing companies. Will repelling of the […]

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How Hospitals Are Dealing With Regular Medical Billing Needs?

How Hospitals Are Dealing With Regular Medical Billing Needs?

Medical billing is a sole payment practice supporting the health system in the US. It’s one of the prominent practices of payment where healthcare providers like health care providers, nurses, dentists, orthopedists, etc. submit they are follow-up claims with hospital billing services in order to receive payment for services rendered such as treatments, investigations, and […]

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