Ensuring Zero Denied Optometry Claims

Coding and generating bills in optometric practices have turned into an interesting issue in the last couple of years. As somebody who provides end-to-end medical billing services every year, we get the chance to hear many stories about how coding and billing are done in practices across the nation. We additionally get the chance to hear […]

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An Ideal Resolution for a Physician for the New Year!

We are stepping into the New Year! 2015 has been a roller coaster ride with multiple healthcare changes that took place, the greatest of them being the implementation of ICD-10. Healthcare centers handled these changes pretty well, of course with effects that were pretty much visible. Striking a balance between the administration work and patient […]

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The Growing Shift from Private Practice to Hospital Employment

There seems to be something really interesting as far as the shift from private practice to hospital based employment recently: A consistent 2% annual decline in private practicing by physicians, which is expected to be at 5% annually by 2013 An upsurge in hospital employment accounting for nearly 51% of the physicians employed last year, […]

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US Healthcare Adapting to Reforms: Hospitals to Ease Physician Shortages

The health reforms have affected every aspect of the health care delivery system in the United States and smaller and solo practices in the country are finding it difficult to cope with the changes on almost every level of health care delivery. The changes in health IT sector, policies in government intervention, and changing reimbursement […]

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The Impact of Staff Turnover on Physician Medical Billing

Staff turnover in any medical practice or hospital can have detrimental repercussions financially as well as qualitatively when it comes to providing healthcare. However, it cannot be denied that staff turnover or attrition would always be present in any practice or hospital; keeping it in control is important for ensuring long term pecuniary benefits and […]

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Increasing Impetus on Physician Reimbursements Becoming Value-Based

Both federal and private payers are shifting compensation from volume to value of services. According to American Medical News one of such payers is UnitedHealth Group who is to start offering approximately 50- 70% of its physician’s bonuses for reaching cost and quality targets and/or participating in new care models. Increased numbers of physician practices […]

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Physician Billing Facing the Biggest Financial Challenges in a Changing Industry

Some populist policies of the Obama government related to healthcare have left hospitals in all the states of the US to deal with more of what they should be doing less, preparing insurance claims and realizing payments. In fact, a survey by Thomson Reuters, in 2011, mentions hospital CEOs saying that reimbursement cuts and new […]

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Seeking Possible Solution to Intensifying Medical Billing Documentation

“Beset with spiraling Medicare expenditure amidst a rather volatile economy, the Federal Government policy of linking physician reimbursement to quality outcomes will not only test physicians’ level of quality medical care but also how they are going to document patient encounters. Therefore, physicians, required to furnish evidence-based healthcare documenting & reporting, will find it hard […]

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Fall in Doctor Office Visits by Patients Under 65

US physicians recently have been experiencing a gradual decrease in visits by privately insured patients younger than 65. IMS Institute for Healthcare Informatics, a health care research firm tracked an overall 4% drop in patient visits in 2011 compared with 2010, and Thomson Reuters Healthcare showed September physician office visits were down 8% compared with […]

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Increasing trend in Hospital Employment: Impact Physician Billing

Health care reform, widely anticipated federal Medicare reimbursement cuts and a variety of changes in the physician workforce, are fueling more and more physicians to move under the hospital’s umbrella. Hospitals employees are expected to increase in the next ten years considerably with 85% of physicians likely to be hospital employees. A survey by the […]

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