Somewhere along the way you decided to become a medical practitioner and use that knowledge to help and treat people. You didn’t spend all those years studying medicine to end up spending most of your time billing and coding for the procedures you performed. Yet, by now you must have understood, this is what is […]
In our previous blog, we have read why it was critical to have an efficient claims processing system to help improve profitability for medical services rendered. To ensure that the cash inflow is seamless, an efficient and effective revenue cycle management (RCM) process is vital. Whether the medical practice is large or small, with the […]
When we talk about Oncology billing, one of the most important aspects that a practitioner relies on is the precise documentation that reflects the time, resources, pinning down the exact procedure codes. As an Oncology doctor treats one of the most critical patient diagnoses such as cancer, precision in billing and coding is a necessity […]
Podiatry Medical billing certainly has been one of the most intricate physician practices when it comes to medical billing and coding. One vital element for conducting a sustainable podiatry medical service is to increment the Revenue Cycle Management via Outsourced Podiatry medical billing services. Juggling between the rules of procedure types and the limited benefits, you can […]
As the case is with numerous medical practices, Podiatry practitioners are also reeling under the increased pressure to enhance their revenue cycle, while diminishing their overhead. One of the best time sinks in a Podiatry Medical Billing Practice is error-free billing and coding. And going by the latest accounting trend, it’s better for you, as […]
Procedure coding in Orthopedic Surgery is very essential to avoid loss of revenue which can affect the Revenue Cycle Management (RCM). With the implementation of the ICD-10 codes and the changing healthcare rules and regulations, orthopedic surgery procedure coding has become a challenge and affects medical billing which in turn impacts orthopedic revenues. Procedure Codes […]
Providing clinically eminent and cost-effective wound care remains a goal, as well as a challenge to many physicians across Ohio and other parts of the U.S. The health industry has struggled with quality and cost issues for years but wound care management has only recently become one of the measurements to be evaluated. This is […]
The term ‘Accounts Receivable’, or A/R refers to the money owed by payers, patients, or other guarantors to the practice, for services rendered and billed to them. An increase in A/R typically signifies troubles on the cash flows of the practice. Benchmark the A/R objectives to ensure that money flows accurately and in a timely […]
There are several factors to be taken into account, in today’s ever-changing scenario; by the healthcare providers as far as ENT practice billing is concerned. The first challenge is ensuring minimum or no denials for reimbursements, and keeping up with the changes in CPT codes, which are major obstacles for ENT practices. No wonder, most […]
As in any other practice, podiatry practice too should be taking up a lot of time, leaving you very little time to focus on podiatry medical billing. It is more likely than not that you have been losing significantly with your outdated billing practices. Podiatry practice, as most physicians may be aware, is still evolving […]
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