Relative Value Units (RVU): Independent Physicians Need To Know

For managing finances, computation of values or formula is used in the United States Medicare for reimbursement of independent physicians. Known as Relative Value Units (RVUs), it was devised in 1988 to calculate the work rendered by physicians for treating patients. It differs chiefly from physician to physician in terms of services rendered; for e.g. […]

Account Receivable (AR) – The need of multiple channels leading to reimbursement?

The medical staff consists of doctors to nurses and they are currently on a small raft which just holding all of them over water and any storm could destroy it. The reason for such a grim situation is the high rate of deductibles. As a physician I learned this hard way- initially, we had a […]

How can Physicians Improve AR Days?

For you to improve the accounts receivable (AR) of your practice there are many different factors that come into consideration. Your quality of patient care is one such important factor that will contribute to attracting more patients. To improve the patient care for your practice things need to be systemized; we have to sync the […]

3 Unknown Myths about AR Pile-Up

Accounts Receivable (AR) is one step that divides the reimbursement and claims; the older the claim gets, the harder it becomes for claims to get reimbursed. For practice when AR slips below a certain level you either have a pretty large backlog to be sorted out, or you can see that it becomes impossible to […]

How providers must implement strategies to collect on outstanding patient balances?

As reforms continue to alter in the healthcare industry, it is affecting practitioners/hospitals, insurance providers and patients. Deductibles are increasing and the payments are increasingly becoming the patient’s own responsibility. Therefore, patients are becoming more involved and active regarding their insurance plans and payments which can at times be overwhelming for the practitioners to collect […]

Critical Trends Affecting the path of your Optometry Reimbursement

The industry of medical billing and coding is an ever-evolving and developing industry. New advancements and techniques have totally changed the way medical billing professionals perform their daily activities. As of late, optometry practices have been compelled to change the way they bill and code for their procedures to comply with certain medical billing trends. Here […]

Top Goals for Physicians to Implement In Their Facility

The changing political trends have affected the way physicians are implementing changes in their functioning at work, be it at clinics or hospitals. Keeping up with the times is the need of the hour and hence never knowing which way the winds will blow, physicians should initiate certain goals that can help them ride the […]

How Urology Practice can be at Risk with Consistence Claim Denials?

Irregularities, errors, and incorrect CPT codes are some critical reasons, that overall physician practices, including Urology, face claim denials. It’s disappointing for Urologists providing care to a patient and expecting fair reimbursement, only to realize that your facilities’ medical billing and coding claim is being denied since the insurance payer doesn’t think the service was […]

Is EMR Software The Right Choice to Optimize Podiatry Billing and Collection?

On any given bustling practice day, it can be a troublesome decision for you to decide on using Podiatry EMR software. However, a major hindrance for some doctors is the price and for others it is time. So, the moot question that stands in front of Podiatrist is, ‘Is EMR software the right choice to […]

Should optometrists be allowed to perform surgeries?

Optometrists are the independent primary health care professionals for the eye; The current trends in optometry billing are driving down the reimbursement process. Optometrists examine, diagnose, treat, and manage diseases, injuries, and disorders of the visual system, the eye, and associated structures as well as identify related systemic conditions affecting the eye. (Reference: American Optometric […]

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