Recently, the president signed the Paycheck Protection Program Flexibility Act of 2020 (HR 7010), since this law does not integrate any kind of additional funding to the Small Business Administration (SBA) Paycheck Protection Program (PPP) loan program. The payment protection program offers small businesses with funds in order to pay up to eight weeks of […]
The radiology billing and coding was usually seen as a bulky process. It is quite difficult to stay upgraded on different changes in rules and regulations of an individual payer. Irregularity in billing and coding can occur in the tough radiology environment. Moreover, this can create hurdles such as lost or under-coded filing and the […]
It has been a few months since that whole world is facing the COVID-19 crisis. Kudos to health care providers, they are the one who battling the pandemic at the forefront. The outbreak of COVID-19 has triggered an extraordinary healthcare crisis, occupied with tragic deaths, and heavy workload on the medical workforce. However, the experienced […]
It has been observed that for emergency room and urgent care providers, the collection of payment is becoming more complex owing to the increasing number of payers. As a result of which scope of the capacity of payable charges appears to be diminishing. Emergency medicine is widely different from other specialties of healthcare, specifically when […]
Many hospitals are treating Covid-19 patients. CMS has recently issued new Covid-19 Billing Updates for hospitals. This new update explains reimbursement and coding policies for hospitals treating Covid-19 patients and alternate care sites created by hospitals during the pandemic. Financial Support for Providers during Covid-19 President Trump signed the Coronavirus Aid, Relief, and Economic Security […]
Physician billing, which is also termed Ambulatory Surgical Center (ASC) billing or professional billing is the billing of claims for services, which were offered or performed by healthcare professionals or a physician that also includes inpatient and outpatient services. In this blog, we will take a quick look at both physician and hospital billing. Majorly, […]
From the upsurge in the pandemic COVID-19, government authorities and associations such as American Medical Association, the Centers for Disease Control and Prevention (CDC), and other Medicare professionals are working hand in hand to mitigate the intensity of the outbreak. With the introduction of new codes and reporting guidelines designed for COVID-19 from the past […]
As per the Medical Group Management Association (MGMA) increasing the revenue of the practice rely largely upon filing correct claims which satisfy all reporting guidelines, filing appeals, and tracking denials within the timeline. Apart from this, keeping your business financially healthy is not a simple practice as practices changing from the fee-for-service model to value-based care. […]
Handling day-to-day tasks is not that simple for private practitioners. Clinic owners are needed to employ someone with a specific skill set. For instance, your treatment staff of yours might be too meticulous and happy to follow prescribed guidelines, on the other hand, managing instant social circumstances could be done efficiently by your desk staff. […]
As per the recent study, it has been noticed that Blue Cross and Blue Shield (BCBS) given denials to chiropractic practices for the claims billed with modifiers. Companies that offer medical billing services identified that the majority of the claims were denied owing to the requirement of modifiers 25 and 59. According to the Explanation […]
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