Medical billing is a process where you pay your provider for their services. When we say you, we mean that this is the process where your insurance carrier and you…
The present world which we are working at right now is completely filled with far more opportunities to turn up everything right for ourselves. When we are progressing just in…
Historically, there was a belief in healthcare that revenue cycle management (RCM) was only a job for the back office. But today, medical practices are well-aware all staff members are…
Medical billing reports are important in evaluating the efficiency of your practice. Thus, reports should show the performance of your organization in full details. This will greatly help in improving…
The time to strengthen hospital compliance programs through claim validation is now. According to healthcare finance and information management leaders surveyed by HIMSS Media, clinical documentation and coding were the…
It takes between 50 and 90 days after a claim is submitted for a medical practice to receive an insurance payment (excluding patient copays).Healthcare providers usually don't receive the full…
It is estimated that as high as 80 percent of medical bills contain errors.1 As healthcare costs continue to rise, so too is the need for healthcare payers to reduce…
Care coordination and planning are becoming increasingly important to caring for the millions of Medicare beneficiaries suffering from two or more serious health conditions, such as diabetes and heart disease.…
The stories of Americans affected by surprise medical bills are hard to believe. A teacher with insurance was taken to an out-of-network medical facility when he suffered a heart attack…
As the industry grapples with solutions for high patient financial responsibility and healthcare costs, it has become laser-focused on one key, unifying issue: surprise medical billing. A surprise medical bill…
The rising cost of health care in this country puts millions of Americans at risk. One of the many issues that Congress can and should address to help improve this…
Did you know that medical billing and coding is expected to grow at a rate of 13% for the next 7 years? That’s much higher than the average of 7%! You…
According to a Healthcare & Business Technology report regarding medical billing, almost $125 billion in uncollected revenue happens each year due to: 1. medical billing errors, and 2. failure to…
Getting our hands in-deep with how AI is actually bringing changes in Medical Coding Automation, it is required the proper understanding of what the basics of what Medical Billing and…
When you run an independent physician practice, accurate patient billing is essential. A failure to keep on top of this can lead to severe consequences, and not only with a…
The global medical billing outsourcing market is poised to expand for years to come as medical practices face challenges related to multiple payers and medical code representation, and large practices…