How is conducting HIPAA Compliance Risk Analysis Helpful for Physicians in 2017?

HIPAA – Health Insurance Portability and Accounting Act of 1996, is a remarkably significant healthcare law that Medical Care providers need to be aware of. HIPAA is a federal law specifically designed to let portability of protected health information for billing purposes so that the health care industry has proper billing across the country. In […]

RCM Questions one should ask while reviewing a medical billing company

Revenue Cycle Management (RCM) is the core process of any healthcare practitioner providing medical healthcare services. Trying to focus on how to turn around your practice to help it make revenues is not an easy task. Although your patient is your first priority, coping with the changing rules & regulations can be a nightmare and […]

Will only the big giants of healthcare survive?

Healthcare is a wide term that includes a range of undertakings- insurance coverage, workforce compensation, health information technology, and drug administration. Thus, healthcare matters require a great deal of understanding, experience, and manpower in order to be precise in delivering accurate solutions and as marketers in the field of healthcare, we need to have our […]

Are Wound care centers maintaining Profits with Medicare Alone?

Many of the present-day Wound Care Centers (WCCs) provide patients a specialized level of care using various wound care procedures that are managed by Qualified Healthcare Professionals (QHPs) from different specialty fields like medicine, podiatry, and plastic surgery. However, these QHPs are sometimes or one can say even most of the time are challenged by […]

Why are Medical Practices Being Sold Out to Competitors?

The Medical practice turf comprising of private practices, independent or groups has been on a gradual decline over the last 30 years. These developments throw light on the fact that physicians are moving away from private practices selling their practices to hospitals, medical centers, and multi-specialty hospital chains. In recent times, there has been a […]

How Will the Moderate Sedation (MS) Rule Impact Urology Medical Billing in 2017?

No game is ever played with the same rules. Right from American Football to Soccer and Baseball, the rules of the game keep on changing drastically to suit the changing environment. The same logic, if applied in terms of medical coding requirements, also leads to the same way, the only difference remaining that in sport […]

Future of Medical Coding – What’s in store for Medical Practitioners?

Working in the healthcare industry is an essential component and likely to be in vogue, in the present day’s business scenario. A large portion of us know who is our physician, medical attendant or even the technician working in the lab, however one thing most of the patients as well as doctors don’t know is […]

Is market for Wound Care service big enough for 2 practices in the same city?

Is market for wound care services big enough for 2 practices in the same city?

As a practicing for Wound Care service, trends are changing constantly, it is no surprise when I read that the global wound care market is expected to reach USD 20.4 Billion by 2021 from USD 17.0 Billion in 2016, growing at a CAGR of 3.6% from 2016 to 2021. The above figures are based taking into […]

What type of Reports does your Medical Billing Company provide you to be aware of the revenue status?

It is essential for physician facilities to track monetary performance metrics, as every dollar that falls through the cracks can create an adverse and irredeemable impact on the practice. So, the moot question that arises here is, have you set the Medical billing department goals this year? Do you know the importance of medical billing […]

Are doctors the best decision makers for the financial health of their practice?

The practice of medicine is all about specialization. Doctors spend more than a decade of practice necessary for getting specialization in any field of medicine. Plus with the technological advances, ever-changing protocols in the specialty, they need to stay abreast so as to provide the best care to their patients. But despite all the hard […]

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