Coding is a major determinant of what dermatologists bill and what they get paid, so it’s critical to keep up with changes to be both compliant and accurate, says Mollie MacCormack, M.D., and…
5 Qualities the Best Medical Billing Companies Have 1. Support for Specialty Practices It is important to make sure medical billing companies under consideration have intimate knowledge about your specific practice.…
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…
The American Medical Association (AMA) updated the Current Procedural Terminology (CPT) code set in 2019 to include new codes for connected health services in an effort to encourage CMS to…
If you ever wondered why you might receive a blockbuster medical bill even if you have health insurance, the reporting of Kaiser Health News (KHN) can help. KHN, a nonprofit…
Billing can be a frustrating part of physicians’ practices at a time when reimbursement is declining and administrative burdens are increasing on physicians and hospital systems. Adrian Velasquez, Wisconsin based…
Patient financial responsibility is on the rise, according to findings from a TransUnion Healthcare analysis revealed at HIMSS18. Patients saw their average out-of-pocket costs increase 11 percent in 2017, growing…
Current Procedural Terminology (CPT) codes used for medical billing did not account for all the care provided by primary care physicians in about 60.3 percent of visits, a recent Journal…
Hospitals, health systems, and post-acute care providers spend almost $39 billion annually on administrative tasks related to regulatory compliance, the American Hospital Association (AHA) reported. “As a result of this…
CMS released a proposed rule that would update the Hospital Outpatient Prospective Payment System and the Ambulatory Surgical Center Payment System. Here's what you should know about the ASC-related changes:…
Downtime events in hospitals that shut down the functionality of the electronic health record can result in serious patient safety risks, according to a recently published study in the Journal…
Imagine going on Amazon, buying an Electronic Spin the Bottle Game for its listed price of $32.92, receiving the product (sparing the arduous effort required to spin the bottle) and…