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 […]
Advancements in technology, changing patient expectations, and high demand for personalized patient care are precursors behind the new era of patient care. Healthcare providers are at the forefront of adopting the changes and pioneering the new era of patient care. The article will discuss the ways through which healthcare providers adopted the changes and transformed […]
Outsourced physical therapy medical billing now has become common in the healthcare industry. Several healthcare providers prefer to outsource medical billing services processes from specialized medical billing companies. It offers healthcare staff to offer more focus on health, patient care, and related medical complexities rather than consuming their time with medical billing. There are experts […]
Are you prepared to learn how to organize your medical billing procedure and increase your revenue cycle? Denial management is the key. In today’s expensive and competitive healthcare industry, the ability to effectively handle denials is the difference between financial success and struggle. In this article, we will deeply examine Denial management in medical billing, […]
In the current dynamic and uncertain contemporary world, telemedicine is one of the emerging and revolutionizing transforming forces in the healthcare industry. It enables the access of healthcare services to patients by breaking barriers. Access to telemedicine become possible due to the availability of the internet and advancement in information and communication technologies to healthcare […]
In this Blog we will discuss Empowering Mental Health. Our knowledge of mental health has evolved significantly in recent years. Many researchers from different parts of the world have dedicated their lives to understanding the human brain. These revolutionary results facilitate a change in mental health care, enhancing the quality of life for people. In […]
In recent years, the healthcare sector has seen a dramatic shift, forwarded by revolutionary improvements and technological advances. New diagnostic methods and innovative therapies are increasingly changing the healthcare system. In this article, we will discuss the most significant healthcare innovations that are changing the way we practice medicine and, in turn, boosting health outcomes […]
Introduction: Financial performance and any organization can be boosted only through revenue cycle management (RCM). It is a process of managing the financial aspects of an organization linked with clinical and administrative functions. Financial cycle management involves patient eligibility verification, patient registration, claim submission, reimbursement and collection through utilizing medical billing software. Healthcare organizations use […]
In this article, we will explore the top 5 medical billing mistakes that you need to avoid. By understanding these common pitfalls, you can improve your billing practices and maximize your revenue. Table of Contents 1 Introduction 2.1 Inaccurate Patient Information 2.2 Coding Errors 2.3 Improper Documentation 2.4 Delayed or Incomplete Claims Submission 2.5 Lack […]
Introduction Efficient revenue management is a critical aspect of financial viability for medical practices within the healthcare industry. AR (Accounts Receivable) management is a crucial component of revenue management that optimizes revenue and reduces strain. In this article, we will examine the magic of AR management in medical billing and its consequential impact on enhancing financial outcomes for healthcare […]