Medical Billing Challenges and Their Solutions for OB-GYN Specialty in Value-Based Care

The terms and conditions of a value-based care payment might differ from specialty to patient diagnosis, but it challenges it to possess is nothing less major medical billing issue. OB-GYN Speciality one of the most sensitive physician specialties, is constantly grappling through new payment modes of value-based care as the services rendered on the healthcare […]

Getting Involved in Optometry Medical Billing Process for a Clear Cut Business Vision

As a medical practitioner, who runs their own business endeavors, getting involved in Optometry medical billing and coding process provides you with a fair view of the financial status of your facility. Many times practitioners think and feel that they know exactly how an insurance claim is billed. But does this mean they are getting […]

How Technology Could Affect Wound Care Billing In Future?

Technology is changing the face of all industries, including health and medicine. From novel and pain-free ways of diagnosing illnesses and preventing them before going out of control, technology is assisting in treating life-threatening diseases too with improved techniques. For e.g. tablet-sized robots can be sent inside the body, capable of taking multi-dimensional pictures while […]

Radiology: Smarter RCM with Analytics

Many large payer organizations are beginning to embrace and promote analytics. However, soiled data and lack of incentives among the stakeholders are the major barriers that hold back the promotion of analytics for better RCM. Interoperability is the main barrier of data liquidation that prevents a practice from harnessing the true potential of analytics. A […]

What Medical Billing Resolutions Should Be Followed For Your Medium – Sized Practice?

It has become imperative in this ever-changing healthcare environment to focus on a medical billing practice’s financial health. In the case of small and medium-sized practices, ancillary services are added, but the best way to increase revenue is by focusing on efficiency. Some Billing Suggestions For Medium-Sized Practices Are: Patient Collections: This must be a […]

Are your RCM Services Complementing Wound Care Practice Bottom Line?

It has been stated time and again that billing is the mainstay of every wound care program. Errors in billing can impact the bottom line quite drastically and must be avoided at all costs. Gathering demographic and insurance information at the patient’s first visit is a must. Tools and technology must be used to verify […]

Inquisitive Questions to Ponder Upon Your Oncology Practice

As with other specialties, oncology Practice to undergoes recurrent technological and process changes. This affects the entire revenue cycle of this clinically focused specialty; be it in the documentation, billing, and coding or filing of claims. Hence, apt coding is mandatory for timely collections/reimbursements in oncology practice. As per the American Society of Clinical Oncology […]

Medicare and Cardiology: The New Data Avalanche

The data which was released by Medicare on Wednesday had some new insights on Cardiology related details. The news was shortly picked up by the avalanche of reports. It is no surprise that Cardiology ranks 3rd on the New York Times list of receiving a total number of payments which was highest paid one – […]

How to Increase Per-Patient Revenue Today?

revenue cycle Management is compliance with medical coding regulations

Revenue cycle management is the process used by healthcare systems in the United States to track the revenue from patients, from their initial appointment or encounter with the healthcare system to their final payment of the balance. Stringent regulations and the ever-changing healthcare environment often make it difficult for medical practices to sustain profits. Focusing […]

RCM Tip Reduce Medical Billing Errors by Focusing On Billing Audits

All healthcare organizations aspire to cut on the denials to enhance the outcomes from their revenue cycle. Effective denial management and error resolution is a time-consuming exercise that requires specific technical know-how in the field of medical billing. Revenue losses due to billing errors are tantamount to a serious threat to medical practices. Most commonly […]

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