What would you say if we ask, “Where does the revenue cycle for a healthcare practice begins?” Once the patient is released from the hospital, you might say. No, the revenue cycle begins when the patient calls for scheduling appointments in the hospital to the front desk. From there itself, the patient decides whether or … Read moreHow Emerging Technology Can Help You Boost Your Front-Desk Efficiency
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
No matter how much physicians loathe the process of having to engage in a back and forth conversation with the healthcare insurance provider before going through with the medication or procedure, prior authorization as of now is mandatory. What is prior authorization? While deemed as an insult to the qualification and integrity of the physicians, … Read morePrior Authorization: Implementation And Complications
“Because of the wealth of data that healthcare providers hold, breaches and compromises can have far-reaching consequences for consumers, and the valuable research being conducted within some of these institutions continues to be an attractive target for nation-states seeking to leapfrog their domestic industries, the report noted.” It won’t be an understatement to say that … Read moreHealthcare Cyber-risk You Need To Prepare For In 2019
Dispensing quality care and treatment to the patients has always been the primary goal and concerns of the healthcare industry. Every year we come across latest technological advancement that further streamline the care process. One such most recent term in the health ecosystem is interoperability. What Is Interoperability? Enforcement upon healthcare providers to switch from … Read moreHealthcare API And Interoperability: What Do You Need To Know?
Earlier it was a headache accessing and managing a bulk load of healthcare data and patient’s information, but with the inception of EHR, the accessibility, security, storage, and usability of the data has become easy. EHR makes instant, real-time, patient-centered records easily accessible to authorized users. It comprises of patient medical history, diagnosis, medications, treatment … Read moreEHR ADOPTION: MISTAKES AND TIPS
While we think the medical world is complicated with human anatomy, various diseases, and several treatments, seldom do we, as a patient quantify the gravity of medical billing and coding. While a medical practitioner has a lot on their plate to ensure that every patient is dispensed quality service, to overlook the financial aspect of … Read moreARE YOUR CODING PRACTICES UP TO THE MARK?
Automation ever since its introduction in the early 1900s has been rapidly disrupting various industries by minimizing the manual efforts, enhancing accuracy, paving the way for the workforce to better utilize their knowledge and skills towards growth and development. One of the industries massively transformed with automation is healthcare system, which post-digitization has gained more … Read moreAUTOMATE HEALTHCARE, ENHANCE PRODUCTIVITY
The American healthcare system has undergone significant change in the passing years. With the shift from fee for service to value-based care, every aspect of the healthcare system from service to account management system has been disrupted massively. But with the change impacting the reimbursement structure, taking the load off the payer as well as … Read moreFundamental: Bundled Payments in Healthcare