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Revenue Capture Method Helps To Proliferate Pharmacy Billing

March 21, 2018
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|Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
Revenue Capture Method Helps To Proliferate Pharmacy Billing

Healthcare executives majorly depends on Pharmacy when it comes increasing their revenue. Without saying it goes hand in hand. Furthermore, CMS has reduced its Average Sales price margin from 6 % to 4 % for non-pass-through. This has affected pharmacy billing and reimbursement. However, there are certain other aspects of Pharmacy Billing that can affect […]

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How Can Pharmacist Forecast Revenue In 2018?

February 26, 2018
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|Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
How Can Pharmacist Forecast Revenue In 2018?

A recent survey forecasted that the pharmacy automation market will hit $8.8 billion in the year 2018. In the year of 2011, the pharmacy market was valued at $4.7 billion and nearly 60% of the generated revenue came from automated medication dispensing system. Pharmacists believed that this pharmacy segment is expected to see a compound […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services Tagged medical billing and coding outsourcing, Outsourcing pharmacy billing, phaemacy billing outsourcing, pharmacy billing and coding, Pharmacy billing and coding outsourcing services, pharmacy billing specialist, Pharmacy coding outsourcing services, Pharmacy revenue management Leave a comment

Accountable Care Organization (ACO’s) Needs Tech-intelligent Pharmacist

February 20, 2018
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|Medical Billing, Pharmacy, Pharmacy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM)
Accountable-Care-Organization-needs-tech-intelligent-pharmacist.jpg

With an effort to access and improve the healthcare industry in USA; along with managing the costs which have been the primary issue since years; the introduction of ACO (Accountable Care Organization) whereby the providers have created a comprehensive network that works for the betterment of the patients, and it is appreciated as an achievement […]

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Posted in Medical Billing, Pharmacy, Pharmacy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM) Leave a comment

What Happens If Your Prior Authorization Doesn’t Match With Service Provided?

February 15, 2018
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|Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Uncategorized, Why Outsource Medical Billing Services
What Happens If Your Prior Authorization Doesn’t Match With Service Provided?

Prior Authorization for a drug is one of the foremost processes on which the financial health of a Pharmacy facility depends on. Today, with the advancement in the areas of EMR and EHR, Pharmacy billing personnel who work in-house or offshore have to guarantee in advance to their doctors about the patients insurance plan. While […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Uncategorized, Why Outsource Medical Billing Services Tagged billing and coding service, insurance verification for pharmacy practitioners, medical billing and coding outsourcing, medicare part b billing pharmacy, outsourcimng pharmacy billing sevices, Outsourcing pharmacy billing, Pharmacy billing outsourcing, pharmacy billing reimbursement, Pharmacy billing services, pharmacy billing servics, pharmacy billing software, pharmacy billing specialist, Pharmacy billing specialyst, pharmacy billing strategies', Pharmacy coding outsourcing services, Pharmacy coding services, Pharmacy revenue management Leave a comment

Insurance vs. Out-of-pocket Payment: Which Option is better for Pharmacist?

January 25, 2018
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|Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM)
Insurance-vs-Out-of-pocket-Which-Option-is-Better-for-Pharmacist.jpg

Having a pharmacy business is no easy task considering the nature of Insurance versus out-of-pocket expense that both the patient and the pharmacist have to abide by. The pharmacy benefit manager (PBM), most of time charges their customers more than the medicine costs and pockets the leftover difference. This is where an efficient, relevant and […]

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Posted in Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM) Leave a comment

How You Can Evolve Your Pharmacy Practice In 2018?

January 11, 2018
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|Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
How You Can Evolve Your Pharmacy Practice In 2018?

As we gear to welcome another year, altercation in the field healthcare especially Pharmacy practice and management of medical billing and coding for the prescriptions is going to be a daunting task. Evolvement in terms of monetary gains, structured revenue cycle and speed of reimbursement shall be dealt with precision and by the hands of […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services Tagged billing and coding service, medicare part b billing pharmacy, outsourcimng pharmacy billing sevices, Outsourcing pharmacy billing, outsourcing pharmacy coding services, Pharmacy billing outsourcing, Pharmacy billing outsourcing services, pharmacy billing reimbursement, Pharmacy billing services, pharmacy billing specialist, pharmacy billing strategies', Pharmacy revenue management Leave a comment

Should Community Pharmacy Transform For Revenue?

January 10, 2018
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|Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
Should Community Pharmacy Transform For Revenue?

The U.S Healthcare industry at the moment is undergoing drastic changes, as the federal government gets ready with a new bill. Eying such a gloomy scenario is it the right time for community pharmacy billing to transform its business operating model for a higher revenue numbers? What impact will it have on the payer-provider front? […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, medicare part b billing pharmacy, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services Tagged medical billing and coding outsourcing, medicare part b billing pharmacy, outsourcimng pharmacy billing sevices, pharmacy billing and coding, pharmacy billing and coding and services, pharmacy billing reimbursement, Pharmacy billing services, pharmacy billing specialist, pharmacy billing strategies', Pharmacy coding outsourcing services, Pharmacy coding services, Pharmacy revenue management Leave a comment

How to Make Your Pharmacy a Wellness Clinic?

December 8, 2017
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|Healthcare Reforms, Infographics, Medical Billing, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
How to Make Your Pharmacy a Wellness Clinic?

Altercations in the role of a pharmacist’s in the community pharmacy are impacting the highly evolving healthcare ecosystem and the trends will continue to grow in this rapidly transitioning system. The present-day pharmacies are not just your traditional drug stores, which offer you the prescribed medicines and jot it down in the medical billing, but […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services Tagged billing and coding service, medical billing and coding outsourcing, medical billing and coding services, outsourcimng pharmacy billing sevices, Outsourcing pharmacy billing, outsourcing pharmacy coding services, phaemacy billing outsourcing, pharmacy billing and coding, pharmacy billing and coding and services, Pharmacy billing and coding outsourcing services, pharmacy billing software, pharmacy billing specialist, Pharmacy billing specialyst, pharmacy billing strategies', Pharmacy coding outsourcing services, Pharmacy coding services, Pharmacy revenue management Leave a comment

Can A Pharmacist Solve The Shortage Of Physicians?

November 8, 2017
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|Healthcare Reforms, Infographics, Medical Billing, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
Can A Pharmacist Solve The Shortage Of Physicians?

Recently, there have been a lot of changes that healthcare professional witnessed. The role of healthcare professionals have changed and it is believed that by the year 2035 the numbers of primary health care physicians which are now available and managing patients are not sufficient. And with that, the role of non-physicians health care providers […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services Tagged billing and coding service, medical billing and coding outsourcing, outsourcimng pharmacy billing sevices, Outsourcing pharmacy billing, outsourcing pharmacy coding services, pharmacy billing and coding, pharmacy billing and coding and services, Pharmacy billing and coding outsourcing services, pharmacy billing and reimbursement, Pharmacy billing outsourcing, pharmacy billing specialist, Pharmacy coding services, Pharmacy revenue management Leave a comment

5 Principles for Highly Reliable Healthcare Organization

October 12, 2017
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|Healthcare Reforms, Infographics, Medical Billing, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services
5 Principles for Highly Reliable Healthcare Organization

The healthcare industry is complex, operates and undertakes high-stakes work where mistakes can equal any great revenue loss. That is the reason why so many hospitals are embracing the values of high-reliability organizations. The paradigm works remarkably well in the promotion of patient safety and efficient healthcare delivery. High reliability organizations are organizations with systems […]

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Posted in Healthcare Reforms, Infographics, Medical Billing, Pharmacy, Pharmacy Billing Services, Pharmavy Billing Services, Practice Administration, Practice Management, Revenue Cycle Management (RCM), Why Outsource Medical Billing Services Tagged billing and coding service, medical billing and coding outsourcing, medical billing and coding services, Outsourcing pharmacy billing, outsourcing pharmacy coding services, pharmacy billing and coding, Pharmacy billing outsourcing, Pharmacy billing services, pharmacy billing software, Pharmacy billing specialyst, Pharmacy coding services, Pharmacy revenue management Leave a comment

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