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5 Pharmacy Billing Mistakes Most Profitable Practices Avoid

Acing pharmacy billing ensures efficiency of handling patients and adding revenue of the pharmacy. With the help of automated systems, pharmacy billing will be able to process claims faster, with more accuracy and should be streamlined. The practice of pharmacy billing today requires the suitable resources like operating and technological systems to enhance the productivity […]

Pharmacy Benefit Manager: Performance Benefit and Ineffective Management

Drug therapy, compared to hospital treatment and the surgical procedure is more coherent of medical treatment. According to the recent analysis of Kaiser Family Foundation, the per capita expenditure on healthcare is expected to rise from $9,695 in 2014 to $15, 618 in 2024 with an annual average growth of 5%. When the U.S. policy […]

Medical Coding Audits and Suggestions for Billing Companies

One of the most important elements of medical revenue cycle management is adhering to accurate coding and billing processes. This includes relevant documentation of medical records, precise application of billing codes, and correctly identifying the payment responsibilities of insurers for medical services rendered. A key process to ensure correct billing and coding, to avoid rejection […]