Warning: These 5 Billing Mistakes can destroy your Oncology Practice

Keeping up with the tradition of the policymakers with regards to Oncology medical billing and coding altercations, healthcare payer demands and physician revenue, 2016 has witnessed lots of changes. However, with this evolvement, the rate of errors that a physician’s facility or hospital billing department is making is creating several reimbursement issues. If one has […]

Wound care Clinics Observe Productivity Gains via EMR Documentation

A wound care facility has two vital factors when it comes to operating on a higher business profit, which is providing the best patient care, and second is documenting each patient with appropriate medical billing and coding perquisite. Productivity can be characterized as “the quality, state, or the capacity to produce, make, improve, or deliver products and services.” In […]

Improving Wound Care Industry with 3D Printing

The technological brilliance of 3D printing offers immense scope, especially for the wound care industry. Today 3D printing finds applications in several industries across the world as in the automobile industry, the prosthetic limb industry, and now researchers are delving into exploring possibilities of applying this latest technique in healthcare, and the focus is on […]

7 step approach to increase your practice’s revenue

In our previous blogs, MBC has highlighted ways in which you can focus on the health of your patient and yet manage to deliver error-free claims and reduce your medical billing costs just by outsourcing your billing revenue cycle. The new rules and regulations introduced by the Accountability Care Act (ACA) have led to a […]

3 Ways I can reduce my medical billing costs

More and more physicians are feeling the burden of both administrative and operational costs. One would wonder how this affects their medical billing and coding practice impacting their Revenue Cycle Management (RCM) system. With the rules and regulations that the Affordable Care Act (ACA) has brought in together with the constant rule changes that the […]

Let your prime focus be on Patient Care!

Somewhere along the way you decided to become a medical practitioner and use that knowledge to help and treat people. You didn’t spend all those years studying medicine to end up spending most of your time billing and coding for the procedures you performed. Yet, by now you must have understood, this is what is […]

5 good things if my billing / revenue cycle was managed by a professional billing company

In our previous blog, we have read why it was critical to have an efficient claims processing system to help improve profitability for medical services rendered. To ensure that the cash inflow is seamless, an efficient and effective revenue cycle management (RCM) process is vital. Whether the medical practice is large or small, with the […]

Strategies to Save Money on Podiatry Medical Billing

As the case is with numerous medical practices, Podiatry practitioners are also reeling under the increased pressure to enhance their revenue cycle, while diminishing their overhead. One of the best time sinks in a Podiatry Medical Billing Practice is error-free billing and coding. And going by the latest accounting trend, it’s better for you, as […]

Orthopedic Surgery Coding Challenges: The Top 5 Common Errors in Orthopedic Procedure Codes

Procedure coding in Orthopedic Surgery is very essential to avoid loss of revenue which can affect the Revenue Cycle Management (RCM). With the implementation of the ICD-10 codes and the changing healthcare rules and regulations, orthopedic surgery procedure coding has become a challenge and affects medical billing which in turn impacts orthopedic revenues. Procedure Codes […]

10 tips to improve your average days in A/R

The term ‘Accounts Receivable’, or A/R refers to the money owed by payers, patients, or other guarantors to the practice, for services rendered and billed to them. An increase in A/R typically signifies troubles on the cash flows of the practice. Benchmark the A/R objectives to ensure that money flows accurately and in a timely […]

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