There are innovations taking place all around the medical and healthcare industry. Many physicians are getting attached to products and services in the medical field that is making the daily work process an easy system to follow. Right from appointing an outsourced medical billing facility to managing the vast patient data for insurance claims, hospitals […]
With health systems, medical centers, hospitals, and physician practices facing dismally low reimbursement figures and increasing risk and margin pressures breathing down their necks improving revenue are of paramount importance. Revenue cycle management experts are advocating improvements and the efficient management of accounts receivable as well as charge capture, coding, processing of claims, secondary billing, […]
Billing is a vital aspect of any business, and healthcare is no exception. Millions of dollars can be lost if pitfalls are not understood and are repeated time and again in the billing and coding of medical practices, especially for ‘Durable Medical Equipment (DME).’ This equipment typically serves a medical purpose and is used routinely. […]
Apart from business organizations trying to keep up with schedules and appointments through online scheduling systems, the healthcare industry to is waking up to the benefits of online scheduling. A plethora of software exists in the market for online scheduling and is advantageous in customer self-scheduling, accessibility, reducing the number of skipped appointments, marketing, customization, […]
Till very recently pharmacists were seen as dispensing medication, counselling patients on the use of prescription and over-the-counter medication, advising patients about general health topics, and often serving as a liaison between patients and the complex insurance regulatory system. However, with the Patient Protection and Affordable Care Act (PPACA) of 2010, popularly known as Obama […]
Pharmacy billing cannot be taken lightly; of course, advances in technology do help in removing the monotony and glitches associated with such repetitive tasks. It is indeed quite a challenge to be able to survive with competition breathing down your neck and wafer-thin margins threatening to eat into your revenues. Pharmacy companies are increasingly moving […]
For the past few years observing the way businesses are conducted, one common thing that many organizations and healthcare facilities are accustomed to is outsourced RCM services. Your income cycle is the support system to grave procedure of the charge that is made when a patient enters your practice or office, so why let loopholes […]
The Revenue Cycle Management (RCM) of hospitals is vigorous and strives to progress every day. However, an array of hospitals bears the brunt of some common RCM problems. The pain points of RCM resurface in the hospital environment on a continuous basis and the challenges are characteristically similar everywhere – billing and coding errors, IT […]
The Heath care framework of our nation is often estimated on the many underlining rules and regulations, which are far unknown to us. With the emergence of ASCs, certainly there has been a colossal change in the way a patient gets a surgical treatment, but this trend of outpatient surgical centers have shifted the focus […]
The demand for vision care is increasing, and indeed exceeding the current resources available in the US. As there are more than 7,000 optometrists in communities throughout the US which leads to better geographical distribution, they are more reachable than other eye care experts. In fact, about 4,500 of these communities have access to only […]
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