Medical Billing

With the increase in patient responsibility, practices seek effective methods to collect outstanding patient balances. At times, they search for ways to collect more payments at the time of offering service. Estimate patient responsibility before claim adjudication is extremely tricky and till now there isn’t any software that can serve the demand for independent practices … Read moreComprehensive guide to Understand Estimating Patient Responsibility

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

It’s crucial to know how the landscape of medical billing software is evolving. What are the new features? What’s out there? How best practices are meeting organizational needs to overcome medical billing solutions. Access via Mobile Mobile medical billing has got a lot of appeals. It streamlines paperwork, keeps professionals away from the desktop, and … Read moreTop 5 Trends in Medical Billing Software

Healthcare pace is continuously accelerating. Medical providers are looking at new technology solution to manage populations, achieve success in value based care and comply with federal requirements. However, implementing new technology comes with it’s own set of challenges, usually within a complex organization. Indeed every project and organization is different but some general best practices … Read more4 Practices you must Include In your Next Generation Implementation

Medical billing errors is costing medical practitioners with enough money. There are chances that millions of Americans are overpaying due to these errors. Medical inaccuracies such as wrong information, incorrect insurance ID number and inflated quantity of services leads to billing errors. In order to protect your wallet,  you needs to careful checking that the … Read moreBest Ways to Spot your Medical Billing Errors

Many medical practices experience leakage in the revenue collection, right from patient appointment. We have discussed 3 impactful methods to improve your revenue cycle management and prevent any further leakages. MAKING PAYMENT ACCESSIBLE There are million practices that unintentionally puts limitations by not offering different ways for patients to pay. Chances are that patients willing … Read more3 Impactful Methods to Control Revenue Leakage in Healthcare

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 filing Denials These … Read more4 Tips to Avoid Common Mistakes Resulting in Claim Denials

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 software … Read moreComprehensive guide to Medical Billing Software

There are many causes behind your payment variances, but typically they are categorised under two categories. The first category happens when payers updates the payment system due to issues such as new schedule for new contract while the second payment variances take place when there are changes in the payment system but this configuration was … Read more4 Helpful Ways to Analyze Payment Variances