ICD 10 codes are the 10th revised set of codes of International statistical classification of diseases and related health problems, better known as the ICD. These codes are classified according to the World Health Organization guidelines. These codes are used to diagnose diseases, external injuries, signs, symptoms and other patient complaints. ICD 10 codes have … Read more10 Most Confusing ICD 10 Codes that you Might not be Aware of
ICD-10 has gained tremendous importance in medical billing industry because of its huge impact on the worldwide medical practice. Effective since October 1, 2015, this change in coding system has also brought a change in your actionable due to which a disturbance in the cost analysis can be noticed. Without investing your time, efforts, money … Read moreWhy are your costs affected after the ICD-10 transition?
The world of media has, more than often, acted as the spokesperson for “all those poor patients who have been struck with the chronic pain of making medical bill payments, forcibly by the heartless medical parasitic fraternity.” But, recent studies portray a different picture, showing a substantial number of private practices facing negative impacts due … Read moreThe Ultimate Guide to an effective Medical Billing Process
Medical billing includes submitting and then requesting the claim with health insurance company to receive payment for services provided by health care provider. This technique is implied for insurance companies, private/government companies. The medical billing process involves interaction between health care provider and insurance company. This interaction is called as billing cycle which may take … Read moreThe All-you-need-to-know Medical Billing Services
ICD-10 change was expected to be the biggest break through in the Healthcare industry but when it was at the brink of creating history, Obama decided to Delay it, again! ICD-10, which was supposed to be implemented in October this year has been delayed. Health care professionals seem to be more annoyed than disappointed with … Read moreHopes Drown As ICD-10 Gets Postponed
In a principal manner, the medical billing and coding experts help in dealing with the health care system , so that they do not end up into a bureaucratic stoppage. With the ability to create detailed records associated with billing and also coded invoices, these experts make sure that the business point of view of … Read moreA Guide to a Successful Career as a Medical Billing and Coding Expert !
Many billing companies till date have not adopted to the Electronic Health Records(EHR) and Practice Management (PM) systems. Although they are generating ROIs on a regular basis through their standalone tools, they are not able to utilize the full capacity of earnings as they are missing out on a lot of good stuff that EHR … Read moreWhy It is Time To Upgrade To EHR and PM
Medical Billing is not as uncomplicated as easily it can be explained in three straightforward words – submission, follow-up and claim. All three stages require specialization and if performed incorrectly may lead to huge time and money loss. The time taken for the procedure is directly proportional to the quality of outsource medical billing company … Read moreThings to Look For in Your Outsource Medical Billing Company
Perhaps, you could be the best healthcare service provider in your area and of your field, but how good are you in managing billings and overheads? Don’t worry; one can’t be the jack of all trades. The solution is simple and straightforward, that hire someone for this task. Yes, I know what you are thinking … Read moreKnow How Scarcity of Trained Medical Billers and Coders can be a Downfall for Your Practice
Are you in a fix whether to outsource your medical billing and coding or manage it yourself? Well, with the ICD-10 coming in, the choice has got simpler. Need of medical billing services in the healthcare sector have increased for an effective revenue cycle management. Believe it or not, choose it or not, there are … Read moreWhy Do Health Providers Think Outsourcing Medical Billing is a Good Idea?