With underpayments galore, and incentives that are not so very attractive, Medicare is proving to be adept at what it does best – lower the fees further with providers. Although the behemoth that Medicare turns out in its favor while bludgeoning down physicians’ fees, it may turn out to be its Achilles heel after all. […]
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 […]
Doctors, whose raison d’etre is to heal, actually end up focusing on loopholes in their billing process than focusing on tending the patients. Healing their patients and working towards healing the shortcomings of their billing process, resulting into denials is more of a balancing act. Most often there is a question as to why bills […]
One of the oldest medical specialties in the US is that of Otolaryngology. Medical practitioners in this area cure illnesses of the ear, nose, throat, and sometimes, the head and neck areas as well. This specialty encompasses the general and surgical treatment of among others, endoscopic sinus, allergy problems, sleep disorders, clinical audiology (usage of […]
Billing is the chief characteristic of any business. The same holds true for DMEs (Durable Medical Equipment); which denotes billing for the usage of medical equipment and supplies. DME includes wheelchairs, nebulizers, oxygen, traction equipment, walkers, kidney machines, crutches, ventilators, etc. DME is covered in certain illnesses under selected preconditions such as – if it […]
Hospitals are big centers where paper-based prescriptions are largely used and where a lot of time is spent on resolving issues with the pharmacies regarding errors in handwritten prescriptions. E-prescribing is the electronic method of generation, transmission, and filling of a prescription, replacing paper prescriptions. Continuous efforts of the US towards enhancing the quality of […]
It has been observed, that since 2008 and after the Affordable Care Act (ACA) has come into being, there has been a major doubling of patients with high deductibles plans. People often have picked a high deductible plan because it has a lower premium and out-of-pocket expenses are lower and can fit into their budget. […]
Smart phones are powerful in not merely connecting people around the world; they are also perceived as a boon to improve patient care in the ever-transforming health industry. Various technologies are being developed by organizations to capitalize on the power of smartphones for creating a massive change in health systems. One of the biggest examples […]
With an increase in high-deductible plans, soaring medical bills, new rules, and increasing patient responsibility, patients are usually not ready to pay high bills. Nevertheless, a few below-mentioned strategies can gauge and boost the ‘Patient Payment Collection’ process. Patient Payment Collection process: Payment type: To provide maximum flexibility, make all types of payments available at […]
The changing healthcare reforms have not only brought major upheaval in the medical financial area but also has caused some changes in the way physicians work too. Long clinic hours, trying to pay off education loans, home mortgages, car loans, vacation loans, tend to make most physicians a bit uptight and pushy, and often brusque […]
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