Obstetricians are specialist physicians in pregnancy and postpartum, gynecologists are the one who specializes in the female reproductive system. The health conditions that both these specialties deal with are diverse and diagnosing and treating them definitely involves a lot of detailing along with specificity. OB/GYN billers have to undergo a typical and frustrating medical billing […]
Are your billers trained in collecting receivables? Does your practice collect insurance and patient balances efficiently? These are some of the important questions every physician should have an answer to. According to research conducted by the Medical Group Management Association, better performing practices generate more revenue, create operational efficiencies, ensure provider productivity and collect receivables […]
In today’s competitive healthcare space, as you’re dealing with crushing administrative burdens and rising operating costs, you need every tool at your disposal to keep your practice profitable. Here we explained 5 essential tips about Family Practice to improve revenue instantly. Tips about Family Practice to Improve Revenue instantly 1. Reduce Administrative Burdens Around 50% […]
Payment cuts, ICD-10 preparation, rising healthcare costs, and increasing administrative challenges are some of the industry pressures that have caused hindrance to the success of all medical specialties in the US, including cardiology. Mentioned below are the top five technology trends that can help cardiology practice sail through RCM challenges and remain profitable. Implementing these […]
Physicians and insurance carriers complement each other. One can have a large influence on the other. In fact, it would not be incorrect to state that one can make or break the other’s potential client base. However, providers and payers usually follow the “you scratch my back and I scratch yours” policy. They know that […]
Medical practices require effective revenue cycle management (RCM) solutions to improve results and control costs. It has become essential for physicians to evaluate these solutions in order to be able to answer the following RCM questions: Is my RCM technology saving staff time, helping them focus on clinical tasks? Is my practice getting paid for […]
Shortage of billing and coding staff remains to be one of the major problems faced by medical practices. Providers find it difficult to enhance revenue and sail through billing challenges as finding and hiring qualified coders and billers is difficult and expensive. How will the shortage affect your practice? The market not just lacks qualified […]
As per estimations, approximately 32 million patients will be entering the US healthcare system in 2014 due to the Affordable Care Act. More patients mean more money; however, many providers are not yet prepared to cope with medical billing and patient influx due to lack of resources. Even the shortage of physicians has made practices […]
Cardiology is one of the largest and most complex areas in healthcare, targeted heavily by EHR vendors. Since paper charts are time-consuming and prone to errors, cardiologists have started realized the benefits of implementing EHR/EMR. Cardiology-specific EMR software and medical billing systems not only help practices achieve financial and operational competencies but they are also […]
Podiatry is specific to the procedures for toe, ankle, or foot treatments, so medical billing and coding is a specialized process with detailed and specific codes. It also carries very precise guidelines and policies for the procedure to be billed. Your Podiatry practice cannot ignore the rapid changes and updates in the codes or will […]
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