medical billing and coding outsourcing Archives - Page 3 of 4

Pharmacist Reimbursement: Tips to Improve from the Leaders

Pharmacies today are home to various financial challenges that result from their limited role, rising medication cost, complex contracts with insurance providers and ever-evolving regulatory policies that tend to work in favor of the patients. They often face cost pressures that impact their revenue cycle management. While focusing on various aspects of running a pharmacy […]

New Technology to Improve Pharmaceutical Industry

Modernizing pharmacy is the new way to help industry to adopt scientifically sound novel technologies that helps manufacture quality medicines that are consistently effective and safe. Technology changes in pharmacy are not a new thing; but there was a hesitation of adopting the technology. Gradually the industry now embraces the information exchange via drug bar […]

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 […]

Pharmacy Billing: Measuring Value Today and Tomorrow

Since its inception, the pharmacy sector of healthcare has been faced with various challenges which have threatened the quality and the affordability of care for its patients. These challenges often resulted in administrative as well as billing burdens impacting pharmacy operations, unique accounting, bookkeeping, and even patient safety. Though technology has removed most of the […]

What is Your Next Generation Revenue Management Strategies for Pharmacy Billing?

With traditional fee-for-service programs giving way to value- and population-oriented strategies, it is forcing health organizations to offer quality care at affordable prices. As a result, health systems have been undergoing large-scale transformation to reduce costs and improve quality of care. Today all medical stakeholders need to increase their operational efficiency as well as the […]

Getting Paid for Clinical Services: 5 Tips for Pharmacists

For pharmacists who want to be delegated as medical providers and get reimbursed for their clinical services, working with the legal systems of each state can be really frustrating. Expansion of scope of practice and decreasing revenues from distribution are requiring pharmacists to increasingly embrace clinical care services into their practices. Pharmacists should be able […]

Pharmacy Billing – In house V/s Outsourcing

A pharmacist working along with a physician is the kind of teamwork visualized by the Affordable Care Act, which encourages the medical-home model. Like physicians, Pharmacists work with patients at both large integrated health systems, as well as small primary care practices. And as a result, many pharmacists find their revenue hitting the wall due […]

EBook Overview of Pharmacists: Challenges, Strategies, Effective Guidelines & Processes

The changing healthcare landscape is impacting pharmacists in the US to face new challenges and look for innovative ways to create an effective and efficient pharmacy system. This ebook titled Pharmacists: Challenges, Strategies, Effective Guidelines & Processes is an excellent compilation of the challenges being faced by pharmacists and the strategies that have been introduced […]

The Role of Pharmacist in Healthcare System

Pharmacists are the most accessible healthcare professionals in any community. Due to the medication and information they provide, pharmacists abet in getting patients healthy thereby influencing the healthcare delivery. Pharmacists also assist in building product knowledge along with acquiring and informing new patients. A few decades ago, a pharmacist simply provided medication to a patient […]

7 Tips to Ensure Success in Pharmacy Billing with Altering Healthcare

It is difficult to sustain in a constantly altering healthcare industry and avoid losses. With the ever-changing healthcare industry and a rapidly growing relationship between physicians and pharmacists that is creating an influx of patients for both the professionals, pharmacists are becoming busier by the day; as more and more patients are taking help from […]

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