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 […]
The Center for Medicare and Medicaid Services (CMS) has issued the final rules on Ambulatory Surgical Center (ASC) reimbursement and changes that could have important implication on the orthopedics billing in ASC. The rule includes update to payment policies, payment rates and also the quality provisions for the services provided under the Physician Fee Schedule […]
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 […]
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 […]
Claims denial is one of the biggest reasons that numerous urology practices are shutting their businesses. Not getting paid for the services provided may lead many physicians into depression. That’s why having dedicated urology medical billing services that efficiently scrubs each claim is a necessity. As a practicing physician reducing claim denials should be an […]
As a successful chiropractic practitioner, you may get exasperated at times with your facilities monthly or quarterly bottom line. Monetary reimbursement from insurance companies or patients may not be coming in as quickly as it used to. This means most of the time you and your staff time is spent on the task of chiropractic […]
Primary care practitioners are probably the first contact for many patients for medical requirements, health maintenance, and counseling. Other medical services provided by primary care practitioner includes disease prevention, treatment for chronic illnesses, scans and tests, routine examinations, obstetrics and prenatal care, basic medical aid for injuries, and providing referrals to specialists such as neurologists, […]
The first thing any patient comes and sees in your office is the front desk. They have a simple superpower to make your practice profitable and i.e. through patient scheduling. Your Front desk ensures that all your patients coming to the practice see a smooth flowing schedule and get the required customer service. Your front […]
Streamlined business solutions in the form of revenue cycle management and medical billing are hard to get. Optometry physicians, who run a small-scale business in their locality, are finding it difficult to manage their facility owing to the high costs of the in-house accounts department. However, while choosing RCM solutions is thing stands vital, which […]
All specialties of the medical field are undergoing and experiencing a financial squeeze. This is chiefly due to increased regulations, shifting payment models by insurance payers, higher patient co-pays and deductibles, and low physician reimbursement, and claim denials/rejections for numerous reasons. Further, despite cutting other costs and improving on the billing and coding processes, it […]
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