Medical billing for behavioural healthcare

health-1

How is mental health billing different from medical billing? Psychiatrist unlike a general physician or any specific medical specialist serves its patients differently. While other healthcare professionals perform surgeries, a psychiatrist counsels the patients through therapy sessions. Hence, while undoubtedly insurance claim is a hassle for the general health practitioner, but having to prove the … Read moreMedical billing for behavioural healthcare

Improve denial management of your medical practice

document

It is a task in itself to maintain the rapport of medical practice by providing quality treatment and care to all the patients. What if amid trying to provide the best possible healthcare service, the provider is slapped with a notice of claim denial from the insurance company? Yes, medical practices are for helping people … Read moreImprove denial management of your medical practice

Insurance verification service for healthcare

3

Imagine providing service on the assurance that the payer is covered by insurance, but later realizing they weren’t aware that their insurance has expired? Insurance verification, in every profession, is imperative otherwise you might end up with an unpaid claim by the insurance company or worse, never being paid. Keeping the nobility aside, medical practice, … Read moreInsurance verification service for healthcare

How Can Your Medical Practice Benefit From Payment Posting?

4-2

The following constitutes a healthy revenue cycle management: Patient Pre-Authorization Eligibility & Benefits Verification Claims Submission Payment Posting Denial Management Reporting Of all these critical processes required for an effective revenue cycle management, payment posting is one of the most crucial ones. Although it seems like a simple process, payment posting if gone wrong can … Read moreHow Can Your Medical Practice Benefit From Payment Posting?

4 Best Medical Practice that you can’t Afford to Miss

4 (1)

Medical billing is the most invisible engines of healthcare reimbursement. It won’t be easy to efficiently transmit critical data in the absence of medical billing. One of the biggest hurdle faced by medical practitioners is to get paid for their services. In order to be profitable, it is critical to have an efficient billing and … Read more4 Best Medical Practice that you can’t Afford to Miss

Why you need to Prepare for MIPS Performance Data Audit

blog-300×200

In the beginning of 2019, reimbursement would be determined in part based on their performance in the MIPS. Medicare will favor those eligible groups and clinicians who will report that they have met certain criteria for Advancing Care Information, Quality, and clinical practice improvement activities. MIPS will continue to audit the data that is submitted … Read moreWhy you need to Prepare for MIPS Performance Data Audit

Why is it a good time to outsource your Medical Billing Practice

thumb-300×188

More and more physicians are going for outsourcing their medical billing requirements. As per a recently released survey by Grand View Research, this growing demand will result in a rapid increase of medical billing outsourcing market. This means, it will surpass the demand of in-house billing.     This information somewhat echoes research conducted in … Read moreWhy is it a good time to outsource your Medical Billing Practice

Why Self service patient portal are Must

4 (1)

Bad debts are emerging as a crucial issue for healthcare. According to American’s Health Insurance Plans, around 15.5 million individuals are enrolled in high-deductible strategy, with 15% annual growth rate in the past years. Healthcare is investing their resources and time for contacting patients and attempting to fix the outstanding balances. Rather than focusing on … Read moreWhy Self service patient portal are Must

Why reviewing your medical Practice’s AR Aging reports is important

blog-300×200

Well, it obvious that medical practitioners know the importance of denied claims and know your billing team are maintaining follow up chain. One crucial element to address is whether you have arranged your AR into bucket on the basis of unpaid days. Are you reviewing medical practice AR aging report? A detailed AR report that … Read moreWhy reviewing your medical Practice’s AR Aging reports is important