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medical billing service company-Medphine

4 Tips to Avoid Common Mistakes Resulting in Claim Denials

Medphine

  According to a survey, better performing medical groups have just  4.05% claim denial rate. Is your practice facing more than four percent denial rate? Input oversights, manual errors and timing issues results for more denials than any other factor.   Here are 5 tips to avoid common mistakes resulting in claim denials:   Timely […]

Comprehensive guide to Medical Billing Software

Medphine

Are you struggling to maximize the efficiency of your billing process. There are various types of medical billing software which makes choosing the right software challenging. Medical billing software costs high which makes trial versions crucial before investing on it. You need to focus on the below given billing software features:   Revenue Management Medical […]

Top 6 reasons behind claim Denials

Medphine

Are you experiencing numerous claim denials? Medical healthcare can increase the chances of higher reimbursement by knowing the reason behind denied claim and taking necessary steps to prevent these errors. Let’ see the top 6 reasons behind claim denials: Duplicate Claims Medical practices and hospitals plays huge part in generating duplicate claims that results in […]

Ways in which Medical Bills Affect your Reimbursement

Medphine

Facing sky-high bills or mistakes and delay in the insurance processing? Introduction of new reforms causes havoc on medical billing. Even before ACA began into effect, bringing MACRA into picture added to the growing share of risk.     In the changing climate, physicians are striving towards managing revenue differently to ensure delivered value is […]

Ways in which Certified Coder Enhances your Revenue

Medphine

Earlier physicians use to rely on single office manager to perform coding and billing along with overseeing operations. Practitioners are under large amount of scrutiny by payers and auditors, required for highly specialized healthcare knowledge. Blended with EHR implementations, ACA and transition to ICD-10 results in struggling to stay in the market. Many practices have […]

4 Facts that every physician should know about MACRA

Medphine

  The Merit-Based Incentive Payment System determines the Medicare payment adjustments. There are four categories which contributes to annual MIPS final score. Quality (60%) Physicians have to report on more than 6 quality for minimum 90 days including outcome measure. Groups leveraging web interface have to report 15 quality measure in one complete year. Advancing […]

A Celebration of Excellence and Innovation

Medphine

  Medphine had an exciting time in the month of February, as we celebrated our 3rd year anniversary. This day marks a crucial milestone for Medphine. We have covered a long way of excellence with dedicated professional, from our modest beginning. Since our inception, we have focused on promoting best practice and highest standard in […]

Medphine’s Growth Aligned with VMV

Medphine

A well planned VMV is crucial for strategic direction of a company. Without having strong foundation of values illustrated through vision, it gets difficult for an organization to ensure a constant growth. An organization can’t distinguish, identify or explain itself to its customers and employees without having a powerful VMV.   The basic features that […]