MACRA MIPS: WHAT LIES AHEAD?

med

Enforcing entire MACRA implementation is necessary to advance value-based care. Excluding providers from MIPS will only lead to lower payment adjustments for the healthcare practices and physicians providing quality based care to the patient, thereby defeating the purpose of value-based care. The aforementioned is a recent statement made by the AMGA  with the intent to … Read moreMACRA MIPS: WHAT LIES AHEAD?

How Patient No-Show Affects RCM?

creative

150 billion! Yes, that is how much healthcare systems of the United State lose because of patient no-shows, in a year. Setting up, operating and maintaining healthcare organization is expensive. What adds to the staggering expense and has an adverse impact on the revenue generated is the frustrating habit of the patient not showing without … Read moreHow Patient No-Show Affects RCM?

Rationalise your charge entry practice

1 (1)

Of all the intricate processes that make up the medical billing and coding in the healthcare industry, be it Insurance verification, medical transcription, claim submission, payment posting, one process which holds utmost prominence, considering heightened intricacies of its own is charge entry practice. Why, you ask? Because charge entry process if overlooked will impact your eligibility … Read moreRationalise your charge entry practice

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?

Keys To Successful Implementation Of Any Healthcare Technology

medphine-health

Healthcare industry is undergoing massive change due to political and regulatory modifications. It is becoming increasingly difficult to operate a healthcare business because of its complexity and the profit margins are becoming narrower each day. The modern healthcare flourishes on enhanced technology of health and management which helps these organizations in improving its efficiency. But … Read moreKeys To Successful Implementation Of Any Healthcare Technology

Healthcare Technology Continuum & Care Environment

medphineblog

Healthcare providers are moving forward in a swift pace to improve everything from their services to the finances. The advanced technology has simplified their task to a great extent. It has changed the way of practice, diagnose and usage of equipments, which is truly revolutionary. Rapidly developing medical technology has changed the way healthcare is … Read moreHealthcare Technology Continuum & Care Environment

Get Optimum Value From Electronic Health Records

Electronic

Electronic health record (EHR) maintains the health information of a patient electronically. It provides higher quality accurate data along with safer care for the patient. EHR also enhances the quality of management for the health organisation (or provider) which results in better health care. The patient records become accessible and more coordinated. The patient data … Read moreGet Optimum Value From Electronic Health Records

Why Medical Practitioners Must Record Inflow Monthly

Practitioners

Any business requires an ample amount of cash flow in order to maintain their budget, expenses and other investments. No matter what is the nature of business, one needs to know the approx amount of money that is going to come in terms of cash. Similarly, practitioners need to treat their medical practice as a … Read moreWhy Medical Practitioners Must Record Inflow Monthly