Blog on Medical Billing, Billing Outsourcing and Healthcare Billing
The prime hassle that most medical billing companies face from their clients is undoubtedly prompt handling and managing denials. “How promptly do you handle your client’s denials?” – When this question is asked, most of the billing companies indicate that this is their biggest pain-point. Continue reading “How promptly are your denials handled?”
In recent times, the US has witnessed a substantial increase in the growth of medical billing companies. Not only that! These companies fiercely compete with one another to earn a reputation in the healthcare reimbursement domain, which is definitely an arduous task. Continue reading “Medical Billing – Expand your Clientele!”
One of the key areas that healthcare revenue cycle management companies need to focus is information security. Due to the sensitive nature of information that the RCM companies deal with, it is mandatory to maintain a secure work environment; but the ‘road to perfect security’ does not end just with that! Whenever technology blossoms with new innovations facilitating businesses and common people around the globe, the flip side is the possible exploitation of that technology for illegal activities. The U.S. healthcare industry is under constant threat of this unwritten ‘law of technology’! Continue reading “Healthcare Revenue cycle management companies and Data security”
In this fast-paced world, several business organizations compete with one another – not just make profits and grow – but to earn the goodwill and trust of their clients as well. In that list, US based medical billing companies are no exception! The demands and deadlines set by the clients are high and so are their expectations. Working in a normal and steady phase will not help in satisfying their needs. One has to work exponentially harder without compromising on the quality to meet such tight deadlines, which is definitely a herculean task. Continue reading “Extended Business Office for Revenue Cycle Management Services”
The medical billing and coding process is considered one of the key challenges faced by the healthcare domain. Each and every step involved in this intricate process has its own significance and only medical billing specialists can carry them out efficiently. Continue reading “The Medical Billing Process Flow”
With the fast changes in the healthcare reimbursement domain, many of the US based medical billing companies are increasingly finding it difficult to service clients with just their internal resources. The best solution is subcontracting some of the medical billing functions to offshore medical billing vendors. Continue reading “Offshore Medical Billing – What are the Benefits?”
Medical Billing and Coding is not as simple as ‘shooting fish in a barrel’! This intricate process involves a host of services, including insurance verification, demo and charge entry, data conversion, indexing, claim submission, payment posting, and revenue cycle management to arrive at the desired result. Continue reading “The Importance of Correct Charge Entry”
In recent times, medical science has advanced to new heights, and numerous drugs are being invented to cure a broad spectrum of diseases. However, the simple fact is that we still watch swarms of patients crowded in hospitals. The reason is that new and challenging diseases develop as we eradicate the old ones. Continue reading “Importance of getting Old Medical Records Indexed”
With the adoption of the PPACA and the HITECH Acts as a part of the ARRA in 2009, the stage was set for the rollout and fast implementation of ACOs. The idea for an ACO was mooted only in 2006 and the very quick adoption and movement towards this model only highlights the importance of reigning in uncontrolled healthcare spending in the US (compare this to the almost 20 year delay in implementation of ICD-10!!!). Continue reading “ACOs – How does it change the healthcare landscape?”
Any physician would be happy to get maximum reimbursements for the service that he/she rendered. But, the present circumstances in the United States demands physicians not only be great healthcare professionals, but also be smart enough to earn maximum reimbursements in medical billing. Continue reading “Getting maximum reimbursements in medical billing”