The Six Most Common Type of Mistakes in Medical Coding
Medical coding and medical billing together have a big impact on the efficiency of revenue management process. Medical coding is the process of assigning codes...
10 Best Practices to Keep Medical Staff HIPAA Compliant
Health Insurance Portability and Accountability Act (HIPAA) has become a bugbear, as its compliance is not facile but violation may charge the institution...
3 Common Errors While Medical Claim Submission
Claim rejections and revenue of providers have been strongly co-related. Each claim denial puts provider under a lot of pressure as it negatively affect the cash flow.
3 Ways to Increase the Coding Efficiency of Your Medical Staff
Coding errors can be extremely damaging for the medical organization, as it directly impacts reimbursements and overall reputation of a practice.
3 Secrets to Save on Healthcare IT Costs
Rising IT cost has always been and will continue to pose a big challenge for healthcare organization. But in order to flourish in the long run, organizations have to find a way to keep this impediment at bay.
4 Steps to Reduce Loopholes in Medical Billing Process
Isn’t it shocking to know that as per a survey conducted by Boston based health-care advocacy group, 80% medical claims contain errors
4 Tips to Avoid Common Mistakes Resulting in Claim Denials
Successful claims are very critical as it’s the major source of revenue generation in the healthcare industry
5 Bad Medical Coding and Billing Habits you need to Break – Right Now!
Medical organizations and practitioners sometimes may not be aware that they might be losing money due to bad medical coding and billing habits.
5 Must Follow Steps for Accelerating Healthcare Revenue Cycle
The healthcare industry is evolving rapidly, making physicians responsible for not just correctly diagnosing the patients but also fulfil administrative responsibilities
5 Qualities of Top Medical Billing Companies
Looking for a medical billing company does not have to be an exhaustive process similar to walking through a minefield, as you only need to consider a few important qualities to find one that matches your hospital’s needs.
5 Steps to Perfect Patient Collections
Don’t want to see patient collections dying a slow death in your practice, and instead want the process to operate like a fine-tuned machine?
6 All Important Points to Consider When You Outsource Medical Billing Services
Treating patients in the hospitals and clinics, while simultaneously dealing with numerous new regulations pertaining to medical reimbursement is not an easy task.
7 Prominent Medical Transcription Trends
Medical transcription industry has grown by leaps and bounds in the last few years. It has grown at a staggering pace of 5.6% and is projected to become a $60 billion industry in the next two years.
8 Steps to Ensure Efficient Medical Coding for Healthcare Practice
Despite, the advancements in healthcare sector, many healthcare providers still fail to compile error free medical claims.
Benefits of Electronic Claims Processing for Healthcare Industry
Is it accurate to believe that electronic claim processing is simplifying the process of claim submissions and beneficial for healthcare organizations?
Best Ways to Spot your Medical Billing Errors
Medical claims will not get you honor, but less errors will. And, looking at current scenario, making flawless claims are the need of the hour.
Biggest Medical Billing Issues of 2018
Medical billing is the most tedious and complex procedure out of the all health care procedures. And, this becomes more intricate and troublesome if changes are introduced.
How Lack of AR Management Can Harm Your Revenue in Hospitals?
Managing accounts receivable efficiently within a hospital or clinic is vital, as it ensures that patient’s good will and comfort is not compromised and dues are collected.
How Using EMR/EHR Increases Revenue
Improving on the success of your healthcare practice is often tied to increasing revenue and this is where the adoption of EMR/EHR can be a major game changer.
Six Signs that are Indicative of a Wrong Billing Partner
Believing that you have the right billing partner and ignoring signs that indicate otherwise is what many healthcare providers and practices do.
Six Warning Signs to Outsource your Revenue Practices
Dealing with reduced revenue, while struggling to keep a hospital or clinic in tune with reimbursement regulations is a slippery slope many providers face when in-house revenue cycle management is used
The Change from Fee-for-Service to Value-based Care and its Impact on Revenue Cycle
Transitioning from a Fee-for-Service to a Value-based Care system is rocking the healthcare industry. With Medicaid patients bringing in less profit and Medicare patients generating margins of minus 5% on average
Tips for Monitoring and Managing Your Practice's Accounts Receivable
Optimizing and managing accounts receivables of your medical organization are not a choice any more but it is the need of the hour.
Top 5 Facts Physicians Need to Know about MACRA
Implementation of the MACRA program means that physicians can no longer rely on the Sustainable Growth Rate (SGR) system to get paid for Medicare patients. Coming to terms with MACRA however
Under-Coding: What you can do to avoid this pitfall
Entering right code always is arduous, but at the same time, it is an integral part of revenue cycle management process which is necessary for keeping the practice afloat.
Ways in which Certified Medical Coders Enhance your Revenue
Employing certified coders allows healthcare providers to maximize revenue and reduce expenses, and this is a win-win combination for many.
Who to Turn to for Medical Transcription Services
According to a report published by Transparency Market Research, medical transcription services market is expected to reach USD 60.6 billion in 2019.
Is Your Claim Follow Up Strategy Losing You Money
The pressure of releasing a claim on time is no joke. Medical institutions are after their concerned teams to get the money of the claim at the earliest.