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How Urology Practice can be at Risk with Consistence Claim Denials?
Irregularities, errors and incorrect CPT codes are some critical reasons, that overall physician practices, including Urology face claim denials. It’s disappointing for Urologists providing care to a...
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Inpatient and Outpatient Services from ASC Centers: Journey From Approved To...
Ever since their inception, Ambulatory surgery centers (ASCs), have been providing improved quality and customer service to the healthcare industry. ASCs offer patients the opportunity to have...
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Expertise in Urology Revenue Cycle Management Can Make All the Difference for...
As an Urologist, you are an expert in the field you work, the same way your facilities accounting department, from where the revenue generation is being handled, also requires a group of experts....
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Top Goals for Physicians to Implement In Their Facility
The changing political trends has affected the way physicians are implementing changes in their functioning at work, be it at clinics or hospitals. Keeping up with the times, is the need of the hour...
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Tips to Calculate Payer and Gross Collection Ratio in Accordance with MIPS...
The net collection rate is an essential medical billing metric to measure the ability of your practice to collect the money it owes. Podiatrists will not be able to succeed within the MIPS payment...
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Critical Trends Affecting the path of your Optometry Reimbursement
The industry of medical billing and coding is an ever evolving and developing industry. New advancements and techniques have totally changed the way medical billing professional perform their daily...
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How providers must implement strategies to collect on outstanding patient...
As reforms continue to alter in the healthcare industry, it is affecting practitioners/hospitals, insurance providers and patients. Deductibles are increasing and the payments are increasingly...
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How is Drug Spending Affected in the Year 2017?
Per capita spending on prescription drugs in America is far more when compared to other countries of the world. Thus, Pharmaceuticals spending shares a significant and still growing share in the...
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What do Providers and Medical Billers Need to Know about the Final MACRA Rule?
Indicating a departure from the volume based, fee-for-service model, MACRA now replaces the SGR – sustainable-growth-rate-formula to control Medicare costs. The MACRA rule is all about linking...
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3 Unknown Myths about AR Pile-Up
Account Receivable (AR) is one step that divides the reimbursement and claims; older the claim gets the harder it becomes for claims to get reimbursed. For a practice when AR slips below a certain...
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How can Physicians improve AR days?
For you to improve the Account Receivable (AR) of your practice there are many different factors that come into consideration. Your quality of patient care is one such important factor which will...
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Account Receivable (AR) – The need of multiple channels leading to...
A medical staff consists of doctors to nurses and they are currently on a small raft which just holding all of them over water and any storm could destroy it. The reason for such grim situation is...
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Are Common Accounts Receivable Problems Plaguing your Practice Collections?
Are there predictable and constant errorwith your medical practice accounts receivable administration services that are confining your facilities income? If yes, then there’s no need to feel left out,...
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4 Lessons your Account Receivable will teach you
Your Account Receivable (AR) is heart of your practice pumping the necessary life into your practice. The volume of AR and its age could be telling a lot about your practice. An analysis of your...
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Relative Value Units (RVU): Independent Physicians Need To Know
For managing finances, a computation of values or a formula is used in the United States Medicare for reimbursement of independent physicians. Known as Relative Value Units (RVUs), it was devised in...
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Problems Providers Ignore In Revenue Cycle Management (RCM)
Medical Billing needs to be effectively managed and holds the most critical part of provider- reimbursement for the service. The need of an ultimate team of revenue manager is important – whether you...
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Implement Value Based Healthcare in Revenue Cycle Management
Not only do value based health care models are targeting to make healthcare providers more accountable for the services they provide to the patients, but they are also conniving to shift financial...
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How Can Billing Companies Overcome Their Worst Nightmare?
Medical Billing since its inception has both equal parts of Healthcare providers and insurance companies. For Healthcare providers it’s more in the part of reimbursement while for the insurance...
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How to Identify Loopholes in My Healthcare Practice?
It’s quite facile to say that Medical Billing is living in one of the futuristic stages of world economy with positive outputs on Affordable Care Act (ACA) and different development in health in terms...
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How to Make Your Practice MACRA Ready?
CMS has already finalized the reform and the payment structure for the Medicare clinics this further paves the way for value-based care. For some physicians, the very term MACRA has got them into...
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