The Centre for Medicare and Medicaid Services (CMS) recently announced that the link provided by them to the providers to check their participation status on the national portal i.e., https://qpp.cms.gov/participation-lookup/ was incorrect. Now the newly updated link for verifying the eligibility status for QPP participation has been updated to https://qpp.cms.gov/login. Providers have to report … Read moreCMS Announces New Link Portal To Check 2020 QPP Status
The healthcare industry is continuously changing, especially its revenue cycle with the stricter regulatory standards, shifting financial responsibility to the patients, increasing the complexity of the payer contracts. Medical facilities need to stay updated with the latest tools and techniques that can be implemented to strengthen the outcomes of the revenue cycle. Surprise medical bills, … Read moreSTRATEGIES FOR IMPROVING REVENUE CYCLE OUTCOME FOR MEDICAL PRACTICES IN 2020
Healthcare billing 2019 was all over the news with critical issues such as surprise medical bills, which is yet to find an effective solution and changes in the Medicaid payment, which became a legislative issue. But what healthcare staff around the country are anticipating with a batting eye is the latest medical billing and coding … Read moreMEDICAL BILLING TRENDS TO WATCH-OUT FOR IN 2020
The healthcare landscape is evolving. As the need for transparency is increasing, so is the involvement of patients in the healthcare processes. No matter how advanced healthcare technology becomes, patient engagement is always going to be a critical aspect of healthcare’s revenue cycle management. Amidst the advancement and in the race to provide premium quality … Read moreREDEFINING PRACTICE SUCCESS WITH EFFECTIVE PATIENT ENGAGEMENT
Wondering why your healthcare facility should outsource? With the increasing population, the need for advanced medical facilities and healthcare treatment is exponentially increasing. The healthcare organizations and medical practitioner’s first duty is to attend to and deliver quality treatment and care to the patients. But to be able to do so, they need a robust … Read moreWHAT IS EFFECTIVE HEALTHCARE OUTSOURCING?
Is your account receivable out of control? Are you unable to unclog the pending accounts? Is your overlooking starting to impact the cash flow? It’s time you identify what is disrupting the AR management and why you must outsource services. CAUSES OF AR CLOGGING Improperly claimed services; Errors on billers and coders part can lead … Read moreHOW YOUR PRACTICE CAN BENEFIT FROM AR OUTSOURCING?
A minor error in medical transcription can cost a healthcare practice a fortune or even a possible lawsuit in case the documentation is severely flawed which is why outsourcing a medical transcription service from a credible billing and coding company like Medphine is a preferred choice by all healthcare providers. Not only this ensures accuracy … Read moreFATAL MEDICAL TRANSCRIPTIONS FALLACIES
“Practicing value-based care works to address the nation’s chronic disease epidemic by giving physicians the support and data they need to focus more on prevention and reduce acute care episodes,” Roy A. Beveridge, MD, Humana’s chief medical officer, said in a statement. “This model allows physicians to focus time and energy on those patients who … Read moreVALUE-BASED CARE AND RCM
A doctor’s day is spent dealing with patients and the administrative responsibilities. Not only these responsibilities burn out the physicians very soon, but they also take away the attention of the doctor from their primary task which is to give attention and care to their patients. Taking care of both with great care is impossible. … Read moreTHREE RED FLAGS TO AVOID WHEN HIRING A MEDICAL BILLER
Medical practice revolves around the patient. If you can attract the patients through complete care and services, then you would be able to sustain in the market for a more extended period of time. There are many ways in which the digital platform comes in handy in order to attract patients. Most of the time … Read moreINCREASE PROFITABILITY OF YOUR MEDICAL PRACTICE BY ATTRACTING HIGH-VALUE PATIENT