Adopting Patient Centered Billing for Patient Retention
When any patient comes to you for medical services, his primary concern is getting health needs addressed. The last thing he wants to deal with is navigating the complicated process of medical billing...
View ArticleIncreasing Your Practice Collections
In today’s competitive healthcare space maintaining a healthy practice, revenue is a challenging task. Things became much more complicated in the global corona pandemic as you were already dealing with...
View ArticleMaintaining Financial Health of Your Family Practice
Rising operational costs, changed payer policies, decreasing reimbursement, and increased compliances adversely affect financial health of family practice. In addition, operational inefficiencies and...
View ArticleBenefits of Outsourcing Chiropractic Billing Services
Running a chiropractic practice is no easy task. Chiropractic treatments usually take longer and require frequent visitations, as a result of which focusing on the other related tasks becomes quite...
View ArticleChallenges to Radiology Medical Billing
Radiology medical billing has its own set of challenges. Unlike the rest of medical billing specialties, radiology billing has two components i.e., the professional component and the technical...
View ArticleImprove Orthopedic Collection Process
Orthopedic practice owners are struggling to maintain the financial stability of their practice. There are many reasons for this struggle as expenses aren’t declining while reimbursement from payers...
View ArticleWhy You Should Outsource to a Medical Billing Company?
Most practice owners are hesitant to outsource their medical billing and coding functions. Practice owners are familiar with basic medical billing and coding functions and try to do everything on their...
View ArticleSystematically Reduce Your Accounts Receivable
Accounts receivable management plays a key role in having stable financial health for your practice. Accounts receivable is nothing but the amount owe to you by insurance companies and patients. As the...
View ArticleImproving Your Pain Management Collection
American Academy of Pain Medicine estimates that over 100 million people suffer from acute or chronic pain, which equates to 20.4% or 1 in 5 adults. This number is far more than the number of patients...
View ArticleUrgent Care Billing Challenges Amongst COVID-19 Pandemic
Urgent care billing and coding is more challenging than other primary care medical billing and coding. Various payer reimbursement policies, frequent coding changes, and high deductible health plans...
View ArticleHow to File a Medicare Appeal?
When a healthcare provider wishes to appeal a denied Medicare claim (Fee-for-Service), Medicare offers five levels in Part A and Part B appeals process. Five levels areas: First Level: MAC...
View ArticleGuidelines to Submit a Clean Claim
Defining Clean Claim A clean claim is a submitted claim without any errors or other issues, including incomplete documentation that causes claim rejections or denials. As per the definition of a clean...
View ArticleBoosting Patient Responsibility Collection
One of the biggest challenges for healthcare providers is boosting patient responsibility collection. Due to lower monthly premiums, more individuals are choosing plans with higher deductibles and more...
View ArticleHow to Improve Back-office Revenue Cycle Functions?
Back-office revenue cycle functions include claim submission, payment posting, denials handling & resolution, accounts receivable follow-up, and others. All these functions must be taken care of by...
View ArticleReducing AR Days in Healthcare
Streamlined revenue cycle operations ensure the financial stability and growth of your practice. When the healthcare revenue cycle is not managed well, collection efficiency drops, and accounts...
View ArticleTelehealth Billing Guidelines for Gastroenterologists
During COVID-19 public health emergency (COVID-19 PHE), CMS expanded the scope of telehealth/ telemedicine services. In this blog, we shared telehealth billing guidelines that are applicable only for...
View ArticleBusting Common Medical Billing Myths
Medical billing is the most important yet underestimated part of your healthcare organization’s revenue cycle. However, there are a few things that are commonly believed about them that just aren’t...
View ArticleUnderstand Ophthalmological Diagnostic Testing
CPT manual section ‘Special Ophthalmological Services’ describes diagnostic tests that go beyond eye exams. These tests may be reported in addition to the general ophthalmological services or...
View ArticleImproving Ambulatory Surgical Center (ASC) Collections
With patients having more financial responsibility for their healthcare, outpatient settings like ambulatory surgery centers are becoming more attractive to patients. A research report from Bain &...
View ArticleImplementing Preventive Denial Management
According to the denial rates report published in February 2021, out of total claims submitted worth $3 trillion, claims worth $262 billion were denied. You will be surprised to know that more than 90%...
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