Medical billing is one of the most important factors in a physician’s practice and can be the reason for the financial affluence of the practice. Medical billing services are not just limited to billing and submission of claims for payment to insurance companies and government payers. Such services usually entail numerous other responsibilities such as […]
Medical Billing and Coding Services in USA
Medical Billing
Physicians Strive to Strike a Balance between Managing HIPAA 5010 and Medical Billing
The financial and data-centric nature of the healthcare reforms in the US has left healthcare organizations in all the states of the US to do more data care than healthcare – to manage their finances, maintain data integrity and be complaint with regulatory standards. Health Insurance Portability and Accountability Act (HIPAA) is an example, which, […]
Measuring the Impact on Physician Reimbursements With Upsurge in Retail Clinics
“As medical service providers try to adapt themselves to these altering equations, their ability to manage clinical and operational functions would invariably involve the next level of efficiency. While there is ample scope for revenue augmentation amidst a booming health insurance scenario, there is also the issue of keeping the quality of medical services on […]
Private insurers leaning towards Medicare and Medicaid to maintain profitability amidst healthcare reforms
Over the past 3 years, rise of 36% to 42% has been depicted in the share of large insurers’ revenues due to federal programs – Medicare and Medicaid. According to the research division of Bloomberg- insurers are likely to further increase their reliance on federal government post the implementation of the health-care law in 2014, […]
Uninsured Population Rate Percentage vs. Physician’s Density Ration in Texas, Mississippi & Oklahoma
Physicians work scope is expected to change with millions of Americans to gain health insurance through the Affordable Care Act in 2014. On the upside Physicians especially primary-care provider will experience higher demand transforming to higher reimbursements and job security. However, on the other hand other healthcare reform initiatives would require better quality patient care […]
Dispelling Hospitals’ Reluctance in Adopting Alternative Therapy & Medical Billing
“As much as its popularity amongst larger population of patients, Alternative Therapy may well become a viable alternative in ensuring hospitals’ uninterrupted sustenance and growth. And, judging by its popularity, it may well become an integral part of comprehensive medical services offer by majority of hospital” Many a times, proven medical treatment or intervention may […]
Making physicians’ knowledge transition to ICD-10 and HIPAA 5010 easier, efficient and meaningful
Physicians requiring to upgrading their coding knowledge to a more exhaustive ICD-1O system More than any other clinical or operational entity that needs to realize the affinity to the ICD-10 and HIPAA compliant medical data filing and processing, it is your physicians that require show the lead. As physicians are the first-contact of clinical encounter, […]
The nexus between workload induced stress and diminishing revenue in hospitals
‘As if the accountability is not enough, they will also content with diminishing patient inflow and revenue generation. The sum of total of these two reactions would eventually tell on hospitals ability to sustain and grow amidst a highly competitive healthcare industry. And as health insurance becomes pervasive in healthcare industry, physicians will have to […]
Job Outlook for Medical Billers & Coders Looking Optimistic in Idaho, Florida & other US states
Various factors playing a role in altering the salary of a medical biller and coder including work experience, geographic location and type of employer, the job outlook for medical billers and coders in Idaho is very optimistic according to the United States Bureau of Labor Statistics (BLS), mainly due to the growing healthcare trend in […]
Providers preparing for 5010 Enforcement–Medical Billers and Coders need of the hour
Already halfway through the HIPAA Version 5010 noncompliance grace period and in this scenario it is imperative for doctors who still haven’t to utilize the remaining few days to upgrade to 5010, as non compliance of submitting electronic claims in the appropriate 5010 format post 1st April, 2012, will result in the Centers for Medicare […]