Are Wound care centers maintaining Profits with Medicare Alone?

Many of the present-day Wound Care Centers (WCCs) provide patients a specialized level of care using various wound care procedures that are managed by Qualified Healthcare Professionals (QHPs) from different specialty fields like medicine, podiatry, and plastic surgery. However, these QHPs are sometimes or one can say even most of the time are challenged by […]

Why are Medical Practices Being Sold Out to Competitors?

The Medical practice turf comprising of private practices, independent or groups has been on a gradual decline over the last 30 years. These developments throw light on the fact that physicians are moving away from private practices selling their practices to hospitals, medical centers, and multi-specialty hospital chains. In recent times, there has been a […]

How Will the Moderate Sedation (MS) Rule Impact Urology Medical Billing in 2017?

No game is ever played with the same rules. Right from American Football to Soccer and Baseball, the rules of the game keep on changing drastically to suit the changing environment. The same logic, if applied in terms of medical coding requirements, also leads to the same way, the only difference remaining that in sport […]

Future of Medical Coding – What’s in store for Medical Practitioners?

Working in the healthcare industry is an essential component and likely to be in vogue, in the present day’s business scenario. A large portion of us know who is our physician, medical attendant or even the technician working in the lab, however one thing most of the patients as well as doctors don’t know is […]

Is market for Wound Care service big enough for 2 practices in the same city?

Is market for wound care services big enough for 2 practices in the same city?

As a practicing for Wound Care service, trends are changing constantly, it is no surprise when I read that the global wound care market is expected to reach USD 20.4 Billion by 2021 from USD 17.0 Billion in 2016, growing at a CAGR of 3.6% from 2016 to 2021. The above figures are based taking into […]

What type of Reports does your Medical Billing Company provide you to be aware of the revenue status?

It is essential for physician facilities to track monetary performance metrics, as every dollar that falls through the cracks can create an adverse and irredeemable impact on the practice. So, the moot question that arises here is, have you set the Medical billing department goals this year? Do you know the importance of medical billing […]

Are doctors the best decision makers for the financial health of their practice?

The practice of medicine is all about specialization. Doctors spend more than a decade of practice necessary for getting specialization in any field of medicine. Plus with the technological advances, ever-changing protocols in the specialty, they need to stay abreast so as to provide the best care to their patients. But despite all the hard […]

Save 9% On Medicare Payments By Reporting PQRS

Quality measurements and quality data reporting are an integral part of Medicare programs. PQRS (Physician Quality Reporting System) is one such reporting that is to be demonstrated to meet the quality performance standards. PQRS is a quality reporting program that boosts group practices and individual EPs (eligible professionals) to report about quality care to Medicare. […]

Impact of Trumpcare on Physician’s Practice

Donald Trump against all odds has finally managed to become the President of the United States of America on the promises of ‘Making America Great Again.’ Now that he is in White House, the promises he made to citizens before getting elected are slowly but surely, taking a shape. Be it about building the wall […]

How do wound care center efficiencies energize growth?

There are developing numbers of wound care centers being opened in the United States. Their emergence signifies the need for more patient-centric chronic wound centers that deal with minor to major bodily injuries. A methodical approach to deal with the improvement and execution of a comprehensive wound care center depends on many critical elements such […]

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