Revenue Cycle Management (RCM)
-
Pharmacy Billing Services
Avoid the Part D late enrollment penalty
Do you have creditable prescription drug coverage? It’s drug coverage that’s expected to pay, on average, at least as much as Medicare’s…
Read More » -
Pharmacy Billing Services
Pharmacy Billing and Reimbursement
Conventionally, pharmacist compensation has been majorly concentrated on collecting payment for the products’ provision, such as prescription medications. Nowadays, pharmacists…
Read More » -
Pharmacy Billing Services
Key Points about Pharmacy Billing and Reimbursement
From the pharmacy to the side of the patients, the prescription has multiple phases of reimbursement for patients as well…
Read More » -
Pharmacy Billing Services
Understanding Prescription Insurance Claim Process
After submitting a claim from the pharmacy, it will then hit a service that routes the claims to the proper…
Read More » -
Pharmacy Billing Services
Pharmacy Claims and Commercial Payers
The most common categories of commercial payers to be aware of are employer-sponsored health plans and manufacturer vouchers. In the…
Read More » -
Pharmacy Billing Services
Maximizing Reimbursement and Minimizing Liability by Using Pharmacy Audit
Payers audit pharmacies because of billing history, a referral from an FWA hotline, a routine, random audit, or other reasons…
Read More » -
Revenue Cycle Management (RCM)
Revenue Capture Method Helps To Proliferate Pharmacy Billing
Healthcare executives majorly depend on Pharmacy when it comes to increasing their revenue. Without saying it goes hand in hand.…
Read More » -
Revenue Cycle Management (RCM)
Talk To Me!! How Revenue Could Be Affected By Patient Communication?
Patient communication at all levels in a healthcare system is proportionate to the increase/decrease in revenues. This is especially true…
Read More » -
Revenue Cycle Management (RCM)
How Effective Counseling Skills Affect Revenue For A Pharmacist?
Health literacy deals with a patient’s ability to obtain and process the health information for taking their health decisions; and…
Read More » -
Revenue Cycle Management (RCM)
Why are Pharmacy Billing Specialist Important for Maximizing Revenue?
Amidst cut-throat competition widespread in the medical industry and margins that have maintained a constant downward run, only a well-managed…
Read More »