In this blog, we will explore the exciting world of Revenue Cycle Management in medical billing services and the latest technologies that are reshaping the healthcare business. Healthcare businesses need to anticipate changes in the market and legislation to maximize their income and improve the quality of treatment they provide to their patients. This article […]
Revenue cycle management has become more complex and uncertain especially in the healthcare industry due to medical billing. That is why, it becomes crucial for medical professionals to ensure effective account receivable (AR) follow-up management for the sake of generating revenues. However, medical coding, account management, documentation, appointment scheduling, reimbursement, and follow-up contribute to making […]
Welcome to our Blog, where we explore the area of healthcare revenue cycle management and investigate the transformative power of proven denial management approaches. Managing claim Denials is essential for healthcare providers to maintain financial viability and optimize income in today’s ever-changing healthcare environment. In this article, we’ll explain why denial management is so important, […]
In today’s highly competitive healthcare industry, the financial success of healthcare organizations depends on their ability to effectively manage the revenue cycle. However, RCM’s complexities are alarming, necessitating the services of experts and expensive tools. Here is where you may benefit greatly from outsource RCM services. In this blog, we will discuss the top 5 […]
In many ways, Electronic Health Records (EHR) have simplified and modernized the healthcare system. While there are many uses for electronic health record systems, this article will focus on EHR’s role in medical billing. Electronic health record systems play an important role in improving the efficiency and accuracy of the medical billing process, which is […]
Maintaining patient confidentiality and data security is essential in the ever-changing healthcare system. For more than two decades, HIPAA has been the gold standard for protecting patients’ private health information. As we enter the year 2023, several new regulations come into effect to improve patient safety and smooth healthcare delivery. In this blog, we will […]
Outsourcing has become a popular strategy in many industries including healthcare. Outsourcing is very beneficial and provides an edge to cardiologists when it comes to prioritizing patient care. By delegating various non-core tasks to external service providers, cardiologists got enough time to focus their energies on their core services. They can delegate their power, expertise, […]
CPT modifier (Current Procedural Terminology) is a two-digit code that is most commonly used in medical billing and coding. CPT is used for information about procedures or services in the medical billing that a healthcare provider offers to its patient. CPT two-digit code explains specific procedures, variations or circumstances during the provided treatment. CPT modifiers […]
Healthcare providers have serious financial consequences due to medical billing Denial. Optimizing revenue and maintaining smooth reimbursement procedures need an understanding of the common reasons behind these Denials and the implementation of effective methods to prevent them. Let’s explore the top 5 medical billing Denials and the ways to avoid them. The top five causes […]
Accurate medical coding is important to the healthcare industry because it facilitates everything from patient treatment to billing and insurance payment. The International Statistical Classification of Diseases, 10th Revision (ICD-10) is a strong coding system that has significantly altered the healthcare industry. More accurately classifying diseases and treatments is now possible with the help of […]