The operational success of healthcare service providers hinges on the financial ecosystem. It is important that cash flow is maintained so as to keep the operations running smoothly. Healthcare billing solutions are rightly touted as the best foot forward for the sector. A large number of healthcare providers rely on outsourced billing solutions offered by service providers with commendable experience. Healthcare providers have witnessed better payment receivables due to adequate follow up action. Here is a quick preview of some of the reasons for the need of outsourcing healthcare billing. Continue reading “Healthcare Billing Solutions – A Must Have For Today’s Healthcare Industry”
Shorten the Accounts Receivables Cycle with Denial Management Service
Aging account receivables greatly impact the revenue cycle. It is of paramount importance to ensure that cash flow is seamless and streamlined through efficient processes. Prioritizing action and follow up in time barred denials is important to the financial health of entities. For an efficient workflow and improved financial prospects, it is imperative to shorten the Accounts Receivables (AR). We focus on the need for better denial management services to maintain lower aging in AR. Continue reading “Shorten the Accounts Receivables Cycle with Denial Management Service”
How to Find Top Notch Medical Coding Services in India
An endless list of Medical Coding Services may make it difficult to make a choice of the right service provider in India. However, on the contrary to apprehensions, it is possible to make the right choice through the use of a few selection criteria. The following tips will help to wade through the clutter to zero in on the best organization in India for Medical Coding Services. Continue reading “How to Find Top Notch Medical Coding Services in India”
How Insurance Eligibility Verification Helps Medical Practices
With healthcare being linked to insurance in most cases, it is important to verify eligibility to ensure lower denials. At the pace with which administrative procedures are executed in healthcare, it is highly possible that incorrect or insufficient information is updated during billing. This results in a tedious and entirely avoidable process of denials and delays in clearance of claims. We take a closer look at the benefits of proper insurance eligibility verification in medical practice. Continue reading “How Insurance Eligibility Verification Helps Medical Practices”
Everything You Need to Know About Physician Credentialing
Utilizing the services of medical professionals with the right credentials lends confidence to patients. Beset with reports of poor medical intervention and rejected insurance claims, it is important to choose the best physician. Physician credentialing helps patients and payers of patients’ bills alike through the review of various parameters of physician competency. This concept of enrolment is explained in brief below, which will give a fair understanding of the process and its benefits.
Learn more about physician qualification and by extension, competency
The qualification of a physician can, to a certain extent is indicative of competency. Physician credentialing involves the collation of information pertaining to completion of training by the doctor and subsequent board certification. This is then followed up with verification on the authorization granted to the physician to prescribe medications. Continue reading “Everything You Need to Know About Physician Credentialing”